DeFi Technologies’ Subsidiary Valour Inc. Debuts World's First CORE
ETP and Expands World’s First Hedera ETP to Spotlight Stock
Market
DeFi Technologies Inc. (the “
Company” or
“
DeFi Technologies”) (CBOE CA: DEFI) (GR: R9B)
(OTC: DEFTF), a crypto native technology company that pioneers the
convergence of traditional capital markets with the world of
decentralised finance (“
DeFi”), proudly announces
that its subsidiary Valour Inc. (“
Valour”), a
leading issuer of exchange traded products
(“
ETPs”) that provide simplified access to digital
assets, has launched two new ETPs: the Valour CORE ETP and the
Valour Hedera (HBAR) ETP, on the Spotlight Stock Market in Sweden.
These launches mark the first ETP offerings for Spotlight, as well
as a significant milestone in Valour's mission to provide retail
and institutional investors with secure and simple access to
leading digital assets.
The Valour CORE (CORE) SEK (ISIN: CH1213604593)
offers investors exposure to the native token of the Core
blockchain, CORE. Core Chain's Satoshi Plus consensus mechanism
uniquely combines the decentralization and security of Bitcoin's
Delegated Proof of Work (“DPoW”) with the
scalability and flexibility of Ethereum's Delegated Proof of Stake
(“DPoS”). This innovative approach ensures a
robust and efficient blockchain infrastructure. The Valour CORE
(CORE) SEK tracks the price of CORE, providing a seamless and
straightforward investment opportunity. This expansion follows the
successful launch of the Valour Bitcoin Staking ETP, underscoring
Valour's commitment to offering a broad range of cutting-edge
digital asset investment products. Additionally, this launch
signifies a deepening collaboration with the Core Foundation.
In addition to the Valour CORE ETP, Valour is
also expanding its offering of the world's first Valour Hedera
(HBAR) ETP, initially introduced on Börse Frankfurt (Zertifikate).
The Valour Hedera (HBAR) ETP (ISIN: CH1213604585) provides secure
and straightforward access to Hedera's native cryptocurrency, HBAR.
Hedera is renowned for its energy-efficient public distributed
ledger technology, which utilizes the leaderless, asynchronous
Byzantine Fault Tolerance (“aBFT”) hashgraph
consensus algorithm. With a market capitalization of approximately
US$3.7 billion, HBAR ranks among the top 30 digital assets
globally. This ETP aligns with Valour's broader strategy to expand
the availability of digital asset products on traditional
exchanges.
“We are thrilled to launch the first ETP
offerings on the Spotlight Stock Market with the Valour Core and
Hedera ETPs,” said Olivier Roussy Newton, CEO of DeFi Technologies.
“This move underscores our commitment to providing investors with
innovative and accessible digital asset investment opportunities.
The introduction of these ETPs to a new exchange not only broadens
our reach but also reinforces our mission to bridge traditional
finance with the rapidly evolving world of decentralized
finance.”
The Spotlight Stock Market, founded in 1997, is
committed to making the listing process easier, safer, and more
visible for growth companies. By focusing on accessibility and
visibility, Spotlight aims to become the premier marketplace in the
Nordic region. The market supports innovative and high-growth
companies, providing them with the visibility and security needed
to attract investors. This ambition aligns perfectly with Valour's
goals of increasing the availability and simplicity of digital
asset investments. The listing of Valour ETPs on the Spotlight
Stock Market underscores the significance of this platform in
supporting innovative financial products.
“We are excited to launch our new ETP segment
with Valour at Spotlight. Valour has proven to be a leading and
innovative provider of digital assets, which is why we are
extremely happy and proud to welcome Valour to our exchange. The
long-term strategy of Spotlight Stock Market is to extend our offer
to investors and listed companies, both in terms of international
trade and the range of products. Our recent exchange of trade
systems, implementing the Nasdaq INET Nordic system, enables us to
offer trade in different ETPs, which has been a request from
several companies for an extended period,” said Spotlight Stock
Market CEO Anders Kumlin.
“We're pleased to introduce Valour Hedera (HBAR)
and Valour CORE to the Nordics,” added Johanna Belitz, Head of
Nordics. “Valour CORE (CORE) SEK stands out as the world's first
ETP featuring CORE as its underlying asset, marking a significant
milestone in our offerings. This addition not only enhances our
product portfolio but also reaffirms our commitment to providing
innovative and diverse investment opportunities. Exciting times
ahead!”
About DeFi TechnologiesDeFi
Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF) is a
financial technology company that pioneers the convergence of
traditional capital markets with the world of decentralized finance
(DeFi). With a dedicated focus on industry-leading Web3
technologies, DeFi Technologies aims to provide widespread investor
access to the future of finance. Backed by an esteemed team of
experts with extensive experience in financial markets and digital
assets, we are committed to revolutionising the way individuals and
institutions interact with the evolving financial ecosystem. Join
DeFi Technologies’ digital community on LinkedIn and Twitter, and
for more details, visit https://defi.tech/
About ValourValour Inc. and
Valour Digital Securities Limited (together,
“Valour”) issues exchange traded products
(“ETPs”) that enable retail and institutional
investors to access digital assets like Bitcoin in a simple and
secure way via their traditional bank account. Valour is part of
the asset management business line of DeFi Technologies Inc. (CBOE
CA: DEFI) (GR: R9B) (OTC: DEFTF).
In addition to their novel physical backed
digital asset platform, which includes 1Valour Bitcoin Physical
Carbon Neutral ETP, 1Valour Ethereum Physical Staking, and 1Valour
Internet Computer Physical Staking, Valour offers fully hedged
digital asset ETPs with low to zero management fees, with product
listings across European exchanges, banks and broker platforms.
Valour's existing product range includes Valour Uniswap (UNI),
Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX),
Cosmos (ATOM), Binance (BNB), Ripple (XRP), Toncoin (TON), Internet
Computer (ICP), Chainlink (LINK), Core (CORE), Enjin (ENJ), Valour
Bitcoin Staking (BTC), Bitcoin Carbon Neutral (BTCN), Hedera
(HBAR), Valour Digital Asset Basket 10 (VDAB10) and 1Valour STOXX
Bitcoin Suisse Digital Asset Blue Chip ETPs with low management
fees. Valour’s flagship products are Bitcoin Zero and Ethereum
Zero, the first fully hedged, passive investment products with
Bitcoin (BTC) and Ethereum (ETH) as underlyings which are
completely fee free. For more information on Valour, to subscribe,
or to receive updates and financial information, visit
valour.com.
Cautionary note regarding
forward-looking information: This press release contains
"forward-looking information" within the meaning of applicable
Canadian securities legislation. Forward-looking information
includes, but is not limited to the Valour Hedera (HBAR) ETP;
Hedera HBAR; Valour CORE ETP; listing of ETPs on the Spotlight
Stock Market; development of ETPs; future demand for ETP’s; the
regulatory environment with respect to the growth and adoption of
decentralised finance; the pursuit by DeFi Technologies and its
subsidiaries of business opportunities; and the merits or potential
returns of any such opportunities. Forward-looking information is
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance
or achievements of the Company, as the case may be, to be
materially different from those expressed or implied by such
forward-looking information. Such risks, uncertainties and other
factors include, but is not limited the acceptance of ETPs by
exchanges; growth and development of decentralised finance and
cryptocurrency sector; rules and regulations with respect to
decentralised finance and cryptocurrency; general business,
economic, competitive, political and social uncertainties. Although
the Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. The Company
does not undertake to update any forward-looking information,
except in accordance with applicable securities laws.
THE CBOE CANADA EXCHANGE DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
RELEASE
Disclaimer: The Hedera logo and
Trademark are used to refer to the Hedera network and its native
cryptocurrency, HBAR. Hedera is a registered trademark of Hedera
Hashgraph, LLC, all rights reserved. Hedera nor any of the Hedera
governing council members have participated in the creation of this
regulated ETP in Europe.
For further information, please
contact:
Olivier Roussy NewtonChief Executive
Officerir@defi.tech (323) 537-7681
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