DeFi Technologies Joins Prestigious MSCI Canada Index
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DeFi Technologies Joins Prestigious MSCI Canada Index
DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (CBOE CA: DEFI) is thrilled to share an exciting update that marks a new chapter for its growth. Following a thorough review by MSCI Inc., the Company has been officially included in the MSCI Canada Small Cap Index, effective soon. This inclusion is not just a feather in the cap; it highlights the momentum that DeFi Technologies has gained in the financial technology landscape.
Understanding the MSCI Canada Small Cap Index
The MSCI Canada Small Cap Index serves as a vital benchmark for tracking the performance of small-cap companies in the Canadian equity market. It encompasses approximately 14% of the market capitalization, providing a comprehensive snapshot of this market segment. For many investors, particularly institutional ones, this index represents an essential tool for balancing their portfolios and understanding market shifts.
Criteria for Selection
Getting selected for the MSCI Canada Small Cap Index is no small feat and demands meeting strict criteria. Here are some of the primary factors considered:
- Market Capitalization: The Company must operate within the defined small-cap range, which undergoes periodic reviews by MSCI.
- Liquidity: Securities must demonstrate sufficient trading liquidity to ensure they are accessible for investor transactions.
- Free Float: A critical measure where market capitalization accounts for shares available for public trading, since companies with lower free float may be excluded.
- Industry Representation: The index seeks fair representation across various industries to ensure it mirrors the small-cap segment's breadth.
The Impact of Inclusion
DeFi Technologies' addition to the MSCI Canada Small Cap Index is a significant recognition of the Company’s progress and potential. It strengthens its visibility among both retail and institutional investors, particularly those who follow MSCI indices. This move also conveys a robust message about the Company’s performance and the confidence that investors have in its strategic vision and business model.
Statements from Leadership
CEO Olivier Roussy Newton expressed enthusiasm about this achievement, stating, "Our inclusion in the MSCI Canada Small Cap Index is a major milestone for DeFi Technologies and underscores the progress we’ve made. This recognition affirms our commitment to bridging traditional finance with the evolving decentralized financial ecosystem, and we are dedicated to driving innovation and delivering value to our shareholders."
About the MSCI Canada Small Cap Index
The MSCI Canada Small Cap Index is part of a more extensive range of global equity indices provided by MSCI. Asset managers widely use this index to gauge and manage small-cap investments within the Canadian market. Recent reviews during February considered trading data, ensuring that the most defined and relevant securities were included in the final selection.
About DeFi Technologies
DeFi Technologies Inc. (CBOE CA: DEFI) drives the integration of traditional capital markets with decentralized finance (DeFi). The Company focuses on innovative Web3 technologies designed to widen investor access to the financial landscape of tomorrow. With a strong leadership team boasting extensive experience in financial markets and digital assets, DeFi Technologies aims to revolutionize how individuals and institutions engage with this evolving financial ecosystem.
About Valour
Valour Inc. and Valour Digital Securities Limited, collectively known as "Valour," provide exchange-traded products (ETPs) that allow investors to easily and securely access digital assets through their traditional banking systems. Valour operates as part of the asset management division of DeFi Technologies Inc. Their commitment to providing top-notch services highlights the growing intersection of traditional finance and the digital asset space.
Frequently Asked Questions
What is the significance of DeFi Technologies being added to the MSCI Canada Small Cap Index?
This inclusion enhances the visibility of DeFi Technologies among investors and signifies confidence in its business model.
How does the MSCI Canada Small Cap Index function?
The index measures the performance of small-cap companies in Canada, serving as a benchmark for institutional investors.
What criteria does MSCI use to select companies for the index?
Key criteria include market capitalization, liquidity, free float, and balanced industry representation.
Who is the CEO of DeFi Technologies?
The CEO of DeFi Technologies is Olivier Roussy Newton, who emphasizes innovation and shareholder value.
What does DeFi Technologies focus on?
DeFi Technologies is dedicated to merging traditional capital markets with decentralized finance, focusing on Web3 technologies for broader investor access.
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