DeFi Technologies Inc formerly Valour Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies, and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets and offering node management of decentralized protocols to support governance, security and transaction validation. The Company has 3 operating business segments; Canada, Bermuda, and the Cayman Islands.
This is not a financial advice!
Expecting a big move on this hidden gem.
Keep an eye on 0.5 level - need to get broken for a further upmove
SL under 0.2
TP approx. 2.0 maybe even to 3.5 level
Most info on the chart.
Trade carefully!
This is not a financial advice!
Expecting a big move on this hidden gem.
Keep an eye on 0.5 level - need to get broken for a further upmove
SL under 0.2
TP approx. 2.0 maybe even to 3.5 level
Most info on the chart.
Trade carefully!
Note
boomNote
what a trade - hit 3.30 todayNote
DeFi Technologies has recently made significant strides in the cryptocurrency and decentralized finance (DeFi) sectors, particularly in December 2024. Notable developments include:Expansion of Hedera Access with Euronext Listing: Valour Digital Securities Limited, a subsidiary of DeFi Technologies, launched the first physically backed Hedera Exchange Traded Product (ETP) on Euronext Amsterdam. This initiative enhances European investors' access to Hedera's native token, HBAR, integrating eco-friendly, enterprise-grade digital assets into traditional financial portfolios.
NASDAQ
Acquisition of Stake in Neuronomics AG: DeFi Technologies signed a Letter of Intent to acquire a 10% stake in Neuronomics AG, a Swiss asset management firm specializing in AI-driven quantitative trading strategies. This strategic investment aims to bolster DeFi Technologies' presence in asset management by leveraging Neuronomics' technological innovations and market expertise.
NASDAQ
Record Assets Under Management (AUM): Valour, a subsidiary of DeFi Technologies, achieved a record C$1.3 billion (US$922 million) in AUM, reflecting a 57% month-over-month increase and a 155% rise year-to-date. In November 2024, the company reported record monthly net inflows of C$20.9 million (US$14.9 million).
These developments suggest a positive long-term outlook for DeFi Technologies, though it's important to note that the company's performance is closely tied to the volatile cryptocurrency market.
From a technical analysis perspective, the stock appears to be forming a potential cup and handle pattern, which is often considered a bullish signal. If this pattern confirms, it could indicate a price target in the range of $7 to $8.
As always, investors should conduct thorough research and consider market volatility when making investment decisions.
Join Discord channel:
whop.com/marketplace/contingent-traders/
contingenttrader.com/
whop.com/marketplace/contingent-traders/
contingenttrader.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join Discord channel:
whop.com/marketplace/contingent-traders/
contingenttrader.com/
whop.com/marketplace/contingent-traders/
contingenttrader.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.