DeFi Technologies subsidiary Valour surpasses $274 million in AUM

DeFi Technologies announced Wednesday that Valour, its subsidiary, has $274.2 million of assets under management. The company offers various cryptocurrency-denominated exchange-traded products, or ETPs, listed on European exchanges.

Cointelegraph reported in the past that Valour launched two ETPs involving Uniswap and Polkadot last year. Valour purchases and sells the equivalent amount in digital assets for each exchange-traded Valour product that is purchased or sold on the stock market. Management fees are not charged by some ETPs.

ETPs held by the firm include $95.2 Million in BTC Zero and $67.4 Million in ETH Zero. There are also $43.4 millions in ADA Valour and $24.4 million each in Valour DOT and $38.5 million each in SOL Valour. A few funds remain in Terra (LUNA), Uniswap(UNI) and Avalanche/AVAX. This sum is 91% more than the total AUM of $143.5 millions in May last year. Russell Starr, CEO at DeFi Technologies, said:

“Our team did a great job planting seeds for future success by launching eight ETPs on several European exchanges that allow individuals and institutions to invest digital assets. […] We’re excited about the company’s growth.

DeFi Technologies aims to provide investors with access to its decentralized finance via ETPs, venture investments and infrastructure arm. This governance provides oversight for independent nodes to run blockchain networks. Its shares can be traded publicly on Canada’s NEO Exchange.

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Eileen Wilson

Eileen Wilson –Technology and Energy My Name is Eileen Wilson with more than 5 years of experience in the Stock market industry, I am energetic about Technology news, started my career as an author then, later climbing my way up towards success into senior positions. I can consider myself as the backbone behind the success and growth of with a dream to expand the reach out of the industry on a global scale. I am also a contributor and an editor of the Technology and Energy category. I experienced a critical analysis of companies and extracted the most noteworthy information for our vibrant investor network.

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