DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to announce the expansion of its digital asset treasury strategy. The Company has purchased an additional 94.34 BTC, bringing its total BTC holdings to 204.34 BTC. Additionally, the Company  has acquired 12,775 SOL tokens and 1,484,148 CORE tokens, with plans to actively participate in CORE DAO’s staking facility.

Expanded Bitcoin Holdings

Following the Company’s initial acquisition of 110 BTC in June 2024, the Company has continued to bolster its confidence in BTC as a primary treasury reserve asset. The additional purchase of 94.34 BTC, for a total of 204.34 BTC reaffirms the Company’s commitment to this leading digital asset, recognizing its unique characteristics as a scarce and finite asset, and its potential as a hedge against inflation and a safeguard against monetary debasement.

Addition of Solana (SOL) to Treasury

In a strategic move to diversify the Company’s treasury, the Company has acquired 12,775 SOL tokens. SOL stands out with its high-performance, permissionless blockchain, capable of processing up to 65,000 transactions per second, thanks to its unique Proof of History and Proof of Stake combination. This scalability and efficiency surpass many of its peers.

SOL’s low transaction fees and rapid processing times lower barriers for developers, fostering a strong user base and impressive fee generation. The platform’s trading volume has reached US$393.71 billion, indicating robust market activity and user engagement. The liquidity Total Value Locked (“TVL“) stands at US$865.97 million, reflecting substantial assets held in liquidity pools, which support trading activities. Since its inception, SOL’s decentralized finance landscape has attracted 24,591,311 traders and executed 1,847,335,349 swaps, highlighting its high transactional activity and efficiency.

Overall, SOL’s technical strengths, significant market activity, and ongoing enhancements position it as a promising investment, offering a scalable and efficient platform for a wide range of decentralized applications.

Addition of CORE To Treasury and Participation in CORE DAO’s Staking

The Company is also pleased to announce that it has purchased 1,484,148 CORE tokens and intends to participate in CORE’s staking facility. CORE’s innovative staking solution enables holders to stake BTC non-custodially enhancing yield opportunities and contributing to network security and stability. The Company’s participation in this staking facility not only diversifies its income streams but also strengthens its collaborative relationship with CORE Foundation and involvement in the broader DeFi ecosystem. CORE is proving to be a leading BTC scaling chain with over 55% of BTC hash rate participation,US$138.5M in TVL, and 5,000+ BTC staked (~US$320M).

“We are thrilled to announce these significant advancements in our digital asset treasury strategy,” said Olivier Roussy Newton, CEO of DeFi Technologies. “Our increased BTC holdings, strategic investment in SOL, CORE and participation in CORE’s staking facility reflect our commitment to leveraging the most promising opportunities in the decentralized finance landscape. These actions not only diversify our balance sheet but also align with our mission to bridge traditional capital markets with the innovative world of DeFi.”

DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), proudly announces that its subsidiary Valour Inc. (“Valour“), a leading issuer of exchange traded products (“ETPs“) that provide simplified access to digital assets, has launched two new ETPs: the Valour CORE (CORE) ETP and the Valour Hedera (HBAR) ETP, on the Spotlight Stock Market in Sweden. These launches mark the first ETP offerings for Spotlight, as well as a significant milestone in Valour’s mission to provide retail and institutional investors with secure and simple access to leading digital assets.

The Valour CORE (CORE) SEK (ISIN: CH1213604593) offers investors exposure to the native token of the Core blockchain, CORE. Core Chain’s Satoshi Plus consensus mechanism uniquely combines the decentralization and security of Bitcoin’s Delegated Proof of Work (“DPoW”) with the scalability and flexibility of Ethereum’s Delegated Proof of Stake (“DPoS”). This innovative approach ensures a robust and efficient blockchain infrastructure. The Valour CORE (CORE) SEK tracks the price of CORE, providing a seamless and straightforward investment opportunity. This expansion follows the successful launch of the Valour Bitcoin Staking ETP, underscoring Valour’s commitment to offering a broad range of cutting-edge digital asset investment products. Additionally, this launch signifies a deepening collaboration with the Core Foundation.

In addition to the Valour CORE ETP, Valour is also expanding its offering of the world’s first Valour Hedera (HBAR) ETP, initially introduced on Börse Frankfurt (Zertifikate). The Valour Hedera (HBAR) ETP (ISIN: CH1213604585) provides secure and straightforward access to Hedera’s native cryptocurrency, HBAR. Hedera is renowned for its energy-efficient public distributed ledger technology, which utilizes the leaderless, asynchronous Byzantine Fault Tolerance (“aBFT”) hashgraph consensus algorithm. With a market capitalization of approximately US$3.7 billion, HBAR ranks among the top 30 digital assets globally. This ETP aligns with Valour’s broader strategy to expand the availability of digital asset products on traditional exchanges.

“We are thrilled to launch the first ETP offerings on the Spotlight Stock Market with the Valour Core and Hedera ETPs,” said Olivier Roussy Newton, CEO of DeFi Technologies. “This move underscores our commitment to providing investors with innovative and accessible digital asset investment opportunities. The introduction of these ETPs to a new exchange not only broadens our reach but also reinforces our mission to bridge traditional finance with the rapidly evolving world of decentralized finance.”

The Spotlight Stock Market, founded in 1997, is committed to making the listing process easier, safer, and more visible for growth companies. By focusing on accessibility and visibility, Spotlight aims to become the premier marketplace in the Nordic region. The market supports innovative and high-growth companies, providing them with the visibility and security needed to attract investors. This ambition aligns perfectly with Valour’s goals of increasing the availability and simplicity of digital asset investments. The listing of Valour ETPs on the Spotlight Stock Market underscores the significance of this platform in supporting innovative financial products.

“We are excited to launch our new ETP segment with Valour at Spotlight. Valour has proven to be a leading and innovative provider of digital assets, which is why we are extremely happy and proud to welcome Valour to our exchange. The long-term strategy of Spotlight Stock Market is to extend our offer to investors and listed companies, both in terms of international trade and the range of products. Our recent exchange of trade systems, implementing the Nasdaq INET Nordic system, enables us to offer trade in different ETPs, which has been a request from several companies for an extended period,” said Spotlight Stock Market CEO Anders Kumlin.

“We’re pleased to introduce Valour Hedera (HBAR) and Valour CORE to the Nordics,” added Johanna Belitz, Head of Nordics. “Valour CORE (CORE) SEK stands out as the world’s first ETP featuring CORE as its underlying asset, marking a significant milestone in our offerings. This addition not only enhances our product portfolio but also reaffirms our commitment to providing innovative and diverse investment opportunities. Exciting times ahead!”

Crypto exchanges are no longer just trading platforms. They are transforming into full-fledged DeFi ecosystems. This is the case with Bitget Wallet, which has just announced the launch of Bitget Onchain Layer, an ambitious integrated layer to access the entire universe of decentralized finance. All supported by a dedicated $10 million fund.

Bitget Wallet has just announced the creation of a $10 million fund to develop its crypto ecosystem. Its goal? To deploy its own on-chain services layer, “Bitget Onchain Layer.” But this heavyweight is not an isolated case. Many reputable crypto platforms are now taking this strategic path.

OKX, Binance, and Kraken, all these global leaders have doubled down. Each offers their integrated decentralized crypto wallet as well as their proprietary blockchain. A large-scale initiative to provide a comprehensive service to users.

At the heart of this transformation is a quest for massive crypto adoption. By bringing all services within a unique ecosystem, exchanges greatly facilitate access to decentralized finance. No more tedious back-and-forth between applications!

Now, a simple multi-chain wallet like Bitget Wallet is enough to interact with the vast DeFi world. Users can thus access numerous DeFi services, all within an integrated and simplified interface.

However, this DeFi shift comes with challenges for these platforms. The main difficulty remains to design a smooth and user-friendly global experience. It is necessary to master the inherent complexity of these multiple interconnected decentralized services.

Another major issue: properly integrating all the constantly evolving innovations in the crypto universe. Whether it’s DEXs, NFTs, the metaverse, Web3, or DeFi on new networks like Celestia.

The launch of Bitget Onchain Layer illustrates the profound transformation occurring with crypto exchanges. We no longer see platforms limited to simple asset trading. Now, we have integrated “all-in-one” ecosystems where decentralized financial services take center stage.