Explore Companies BySectors & Categories
Explore Companies ByUse Cases
Explore Companies ByProducts & Services
Explore Companies ByRankings & Reviews
Featured NewsCompaniesMarketsCryptoTechRegulatoryCommentaryUKUSWorldMore

    Latest Wires

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy

      DeFi Tech's Valour Hits Record £563M AUM Amid Crypto Rally

      Published: just now

      Valour logo 1200x628 px

      Assets Under Management (AUM) at Valour Inc., the exchange-traded product (ETP) subsidiary of DeFi Technologies, have surged to C$883 million (£563 million), marking a 73% increase this fiscal year amidst rising cryptocurrency prices and growing institutional demand.

       

      The milestone comes as Bitcoin reached all-time highs following the US election, with Valour's net sales exceeding C$120 million (£76.5 million) over the past 12 months. The company's growth reflects broader market momentum in regulated crypto investment products.

       

      Olivier Roussy Newton, CEO of DeFi Technologies, said: "Reaching this AUM milestone is a testament to the increasing confidence in our innovative investment solutions and the broader digital asset market. We are still in the early stages of our growth journey, and with the momentum we're seeing in market demand, we anticipate even stronger tailwinds propelling us forward."

       

      The company has expanded its ETP offerings to 28 products, with plans to reach 40 by year-end 2024 and 100 by close of 2025. Valour is pursuing regulatory approval to enter North African and Middle Eastern markets, signalling growing institutional appetite for regulated crypto exposure in emerging economies.

       

      DeFi Technologies' financial position has strengthened, with approximately C$12.9 million in cash and USDT holdings as of 31 October 2024. The company recently cleared C$5.5 million in debt and has built a substantial digital asset treasury valued at C$43.6 million, including holdings in major cryptocurrencies such as Bitcoin, Ethereum, and Cardano.

       

      The firm's DeFi Alpha strategy generated C$113.8 million in the second quarter and C$19.3 million in the third quarter through arbitrage opportunities, with no losses recorded.

       

      Trading on the CBOE Canada exchange under DEFI, the company will release its third-quarter financial results on 14 November 2024, with a shareholder call scheduled for 18 November 2024.

       

      Valour's growing AUM suggests increasing mainstream acceptance of regulated crypto investment vehicles.

      We're the largest marketplace to connect with brokers, Fintech companies & digital asset firms. Want to partner? Let's get in touch.

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
      Comments
      Most Recent
      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy
      RSS Feeds

      Create a custom RSS Feed

      Select the categories and companies you wish to follow directly to your person rss feed.

      Create Custom RSS Feed

      Related Categories:

      Related Tags:

      #ValourInc#DeFiTechnologies#ExchangeTradedProducts#Bitcoin#Ethereum#CryptoAUM#AssetsUnderManagement#InstitutionalCrypto

      Related Articles:

      Find The Right Partners for
      Your Trading Business

      Sign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!

      Create Your FREE Account
      Get access to latest news, updates, real-time data, brokerage and trading firm insights and customized information feeds.

      Retail futures trading leader NinjaTrader Group has appointed Mark Omens as Senior Vice President, Commercial Strategy, bringing a 25-year veteran of derivatives marketplace CME Group into a newly created role focused on exchange partnerships and enterprise growth.

      just now

      Gold Price Action Forecast: Will XAU/USD Drop to $3930? Meta Description: Read our Gold price action forecast to see if XAU/USD will drop to $3930.

      just now

      BitDelta Securities Financial Services LLC (“BitDelta Securities”) today announced that it has received full regulatory approval from the Capital Market Authority (“CMA”) of the United Arab Emirates under the Category 5 — Arrangement and Advice license framework (License No. 20200000439). The approval follows the firm's receipt of In-Principal Approval earlier this year and represents the successful conclusion of the CMA's full licensing process, including the satisfaction of capital requirements, governance appointments, and operational setup.

      just now

      Crypto.com has received a $400 million strategic investment from Citadel Securities, valuing the firm at $20 billion. It marks the first institutional funding round in the company's history, aimed at accelerating its expansion into tokenised securities, derivatives and other asset classes.

      just now

      WTI’s pullback into $79–82 is the first major test of the bullish Elliott Wave count, with buyers targeting a renewed break above $85.

      just now

      BitDelta Securities has secured a full CMA Category 5 licence in the UAE and opened a regulated office in Business Bay, Dubai. The firm operates as an introducing broker, connecting investors with licensed international brokers across multiple asset classes, with CEO Dr. Demetrios Zamboglou commenting on the milestone.

      just now

      Index volatility is asleep while single stocks fight it out underneath, credit refuses to confirm the equity rally, and a bare macro calendar hands next week to oil.

      just now

      Digital assets and FX brokerage GC Exchange FZE (GCEX) has appointed Mohammed A. Mulla as a Board Member of its Dubai-based entity, part of the wider GCEX Group.

      just now

      Learn what Blockchain-as-a-Service is, how it works, and why businesses are using BaaS to build blockchain applications without managing infrastructure.

      just now

      CFDs vs stocks compared on leverage, ownership, costs, dividends, taxes, and risk. Learn the differences between stocks and CFDs and discover which suits your investing or trading goals.

      just now
      Feed