DeFi Technologies (DEFT) Announces That Valour Exceeds $1 Billion in Assets Under Management

DeFi Technologies Inc. (NASDAQ:DEFT) is one of the best strong buy penny stocks to buy now. On July 22, DeFi Technologies Inc. (NASDAQ:DEFT) announced that its subsidiary, Valour Inc., and Valour Digital Securities Limited, together known as “Valour”, exceeded $1 billion in assets under management. Valour is a leading issuer of exchange traded products.

The milestone marks a 31% growth since May 30, attributed to increasing prices of digital assets across its globally diversified ETP portfolio and strong investor demand.

Management also stated that Valour is expanding into high-growth markets across the globe, including Africa, Asia, and the Middle East, primarily through strategic partnerships with AsiaNext, SovFi, the Nairobi Securities Exchange, and Misyon Bank.

DeFi Technologies Inc. (NASDAQ:DEFT) provides investment services and plans to acquire debt, equity, or other securities of private or publicly traded companies or other entities. Its offerings include DeFi ETNs, DeFi Governance, DeFi Venture, and DeFi Treasury.

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Disclosure: None. This article is originally published at Insider Monkey.