DeFi Technologies Reports Strong End to 2024 with Record Net Inflows

DeFi Technologies Inc.'s subsidiary, Valour, ended 2024 with assets under management (AUM) of C$1.18 billion (US$819 million), marking a 133% increase year-over-year despite an 11% decline from the previous month due to digital asset price fluctuations. In December alone, Valour achieved record monthly net inflows of C$56 million (US$38.8 million), driven by exchange traded products (ETPs) like SUI, DOGE, and APT, and the rollout of 20 new digital asset ETPs on the Spotlight Stock Market.

Valour maintained a strong financial position, closing December with a cash balance of C$22 million (US$15.2 million) and steady loans payable at C$8.3 million (US$6 million). Despite a diversified asset portfolio, its total value decreased by 16% due to asset depreciation.

Strategic developments include DeFi Technologies’ investment in Neuronomics AG and the expansion of its ETP offerings. The appointment of Paul Bozoki as CFO marks a new chapter following the retirement of Ryan Ptolemy.