DEFTF - long - OTC crypto play - 5x to 10x

25 Jan 2024

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!

5 Apr 2024

Nota

boom

4 Dis 2024

Nota

what a trade - hit 3.30 today

5 Jan

Nota

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.