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Record High in AUM: Valour Inc., a subsidiary of DeFi Technologies (“Valour”), reached a new record in Assets Under Management (“AUM”), totaling C$530.9 Million on January 2, 2024, reflecting significant growth in the value of assets underpinning Valour’s exchange traded products (“ETPs”) and an increase in investor demand.
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Strong December 2023 Market Performance and Impressive Sales Achievement: Valour achieved a robust performance in December with a daily average turnover of C$8.1 million. Additionally, Valour ended the month with C$507.2 million in AUM, representing a gain of 217% for the year, and achieved an all-time net sales of C$521.9 million. These figures highlight Valour’s notable presence in the digital assets market and its commitment to offering innovative financial products that align with emerging investment trends.
DeFi Technologies, a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to announce that its subsidiary, Valour Inc. (“Valour”), a leading issuer of exchange traded products (“ETPs”) that provide simplified access to digital assets, set a record high in assets under management (“AUM”) of C$530.9 Million on January 2, 2024.
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This recent uptick in AUM is driven by an increase in the value of the assets underpinning Valour’s ETP offerings, coupled with an increase in demand for Valour’s ETPs, which the Company believes is due to the growing investor interest and confidence in digital assets as viable investment options. With an impressive average daily turnover of C$8.2 million in December and all-time net sales reaching C$521.9 million, Valour’s substantial year-end AUM of C$507.2 million – an increase of 217% on the year – reflects its commitment to offering innovative financial products. These products resonate with evolving investment trends and the evolving landscape of digital assets.
“We’re pleased that Valour has achieved a remarkable milestone, setting a new record in Assets Under Management by reaching C$530.9 Million and ending the year with C$507.2 million, marking a 217% gain.,” said DeFi Technologies CEO, Olivier Roussy Newton. “This accomplishment is not just a testament to our innovative approach to offering digital assets but also a clear indicator of the interest and confidence in these assets as legitimate investment avenues. A strong close to 2023, with December delivering our highest turnover for the year and an influx in net sales further bolsters our optimism. We are committed to continuing our trajectory of offering additional products in addition to our current suite of cutting-edge financial products that align with the rapidly evolving digital asset landscape and the modern investor’s needs.”
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