DeFi Technologies Inc. (DEFI.NE)
DeFi Technologies Inc. operates in the Investment - Banking & Investment Services industry of the Financial Services sector, headquartered in Toronto, ON, CA. The stock last traded at $0.70, up 7.69% on the session, giving a market capitalisation of $271.5M. Its beta of 3.96 implies it has historically moved more than the broad market.
DeFi Technologies Inc., a technology company, develops exchange traded products that synthetically track the value of a single DeFi protocol or a basket of protocols in Canada. The company offers asset management services, such as indirect exposure to underlying digital assets, digital asset indexes, or other decentralized finance instruments. It is also involved in early-stage investments in companies, banks, and foundations in the digital asset space; operation of a specialized arbitrage trading desk that focuses on identifying and capitalizing on low-risk arbitrage opportunities within the digital asset market; private research that produces research reports on digital assets; and provision of OTC desk and digital asset liquidity. The company was formerly known as Valour Inc. and changed its name to DeFi Technologies Inc. in July 2023. DeFi Technologies Inc. was incorporated in 1986 and is headquartered in Toronto, Canada.
DeFi Technologies Inc. is most often compared with the following Financial Services names: