- More than a US$50 million asset increase in two weeks
- As of November 1, Valour’s AUM was at US$305M
DeFi Technologies Inc., a technology company bridging the gap between traditional capital markets and decentralized finance, announced that its wholly owned subsidiary, Valour Inc. (“Valour“), the pioneering issuer of digital asset exchange traded products (“ETPs“), has surpassed US$300 million in assets under management (AUM). This achievement marks an exceptional first ten months of 2021, as AUM increased more than 3091% since the beginning of the year. In the last 15 days, AUM has increased more than US$50 million.
Valour recently unveiled the world’s first and only Uniswap ETP, which was listed on the Börse Frankfurt Zertifikate AG (“Frankfurt“) last week. Their recently launched Valour Solana product (Ticker: Valour Solana SEK) has seen strong investor interest and inflows, making it the fastest growing product to date. With the recent listing of Valour’s ETPs on Frankfurt and anticipated listing on Euronext, the Company expects additional growth of Valour’s AUM.
“The launch of the world’s first and only Uniswap ETP along with both retail and institutional investors recognizing how innovative our ETP’s are has resulted in rapid growth in AUM, a testament to the team at Valour.” said Russell Starr, Chief Executive Officer of DeFi Technologies. “DeFi Technologies and Valour are positioned for explosive growth as we launch our current ETP’s along with additional innovative DeFi ETP’s in the pipeline on relevant global exchanges. Shareholders should be extremely excited as we look to grow our AUM aggressively in the coming months.”
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Diana Biggs, Chief Executive Officer of Valour and Chief Strategy Officer of DeFi Technologies, stated: “We are extremely pleased with the continued growth of our AUM. The Valour team is looking forward to the introduction of more first of their kind products, as well as additional exchange listings that will help broaden investor access to this exciting new asset class.”
Valour offers fully hedged digital asset exchange-traded products with low to zero management fees. Valour’s Uniswap (UNI) ETP is the world’s first and only, with Cardano (ADA), Polkadot (DOT) and Solana (SOL) ETPs the first of their kind in the Nordics. Valour’s Bitcoin Zero and Valour Ethereum Zero remain the first and only fully hedged, passive investment product with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee-free, with competitors charging up to 2.5% in management fees.
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