Valour Achieves Record Growth in Assets Under Management and Inflows

Valour's Remarkable Financial Milestones in Recent Update

Valour, a subsidiary of DeFi Technologies Inc., has reported inspiring results amid fluctuating market conditions. As of a recent update, Valour has declared an impressive assets under management (AUM) of C$661 million, or US$487 million. This represents a substantial milestone for the company, marking a commendable 30% increase in their AUM compared to the fiscal year.

Record Monthly Inflows Reflecting Strong Investor Confidence

In an exciting development for Valour, August has been labeled the month of highest net inflows for the year 2024. The company recorded net inflows amounting to C$14.1 million, equating to US$10.4 million. This is particularly significant as it comes despite a downturn in digital asset prices, showcasing unwavering investor confidence in Valour's ETP offerings.

Key Contributors to Net Inflows

The remarkable inflows can be attributed to several standout products from Valour. Among the leaders contributing to this success are Valour Solana SEK, Valour BTC Zero SEK, and Valour ETH Zero SEK. Each of these products has garnered significant interest from investors seeking exposure to the growing digital asset market.

Valour's Strong Position in Digital Asset Management

Valour maintains a robust financial standing, with a cash balance of approximately C$26.2 million (approximately US$19.4 million) and a manageable loans payable amounting to around C$17.5 million (or US$13 million). Furthermore, the company has strategically diversified its treasury by holding 204.3 BTC and a collection of other digital assets including ETH, ADA, and DOT, which together comprise assets worth around C$33.9 million (about US$25.1 million).

Strategic Partnerships Expanding Market Reach

Recently, Valour announced a Memorandum of Understanding (MOU) with the Nairobi Securities Exchange and a financial technology firm to bolster their efforts in launching ETPs within the African market. This strategic move aims to create a strong framework for digital asset trading, tapping into the growing investor base in regions that are adapting to digital finance innovations.

Management’s Commitment to Product Innovation

Olivier Roussy Newton, CEO of DeFi Technologies, expressed enthusiasm over Valour's continuous performance, remarking on the record inflows and consistent AUM growth despite market challenges. The CEO emphasized a commitment to innovation and product development, signaling confidence in the company's strategic directions for the future.

About DeFi Technologies

DeFi Technologies Inc. is a pioneering financial technology company focused on merging traditional capital markets with decentralized finance (DeFi). With a commitment to providing investors with access to transformative financial solutions, DeFi Technologies leverages a talented team dedicated to advancing the digital economy.

About Valour

As a prominent player in the asset management space, Valour offers a suite of exchange-traded products (ETPs) designed to simplify access to digital assets for all types of investors. They are known for their innovative approach, providing fee-free investment solutions that are backed by physical digital assets. Valour continues to expand its product range to meet the evolving needs of the market.

Frequently Asked Questions

What is Valour's current assets under management?

Valour currently has C$661 million (US$487 million) in assets under management.

What were Valour's monthly net inflows in August?

In August, Valour recorded net inflows of C$14.1 million (US$10.4 million).

What products contributed to Valour's record inflows?

Key products driving inflows included Valour Solana SEK, Valour BTC Zero SEK, and Valour ETH Zero SEK.

What is DeFi Technologies' focus?

DeFi Technologies focuses on integrating traditional capital markets with decentralized finance to deliver innovative financial solutions.

How does Valour support investor access to digital assets?

Valour provides exchange-traded products that allow retail and institutional investors to easily access digital assets through their bank accounts.

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