Friday, June 10 2022

Value Terra (LUNA) FTE (ISIN: CH1149139631) and Value Avalanche (AVAX) ETP (ISIN: CH1149139615) are now available on the Frankfurt Stock Exchange

  • Start of trading of Valor Terra ETP and Valor Avalanche ETP on the Frankfurt Stock Exchange Friday, March 25, 2022.
  • Valor Terra ETP and Valor Avalanche ETP join Valor’s Bitcoin Zero and Ethereum Zero on Boerse Frankfurt Zertifikate AG and allow retail and institutional investors to gain exposure to digital assets simply and securely through their bank or broker.

TORONTO, March 25, 2022 /PRNewswire/ – DeFi Technologies Inc. (the “Company” Where “DeFi Technologies“) (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company that bridges the gap between traditional capital markets and decentralized finance, today announced that its wholly owned subsidiary Valor Inc. (“Value“), an issuer of exchange-traded products of digital assets (“AND P“), listed two of its low-fee ETPs that track the price of digital assets, Valor Terra (LUNA) and Avalanche (AVAX) on Boerse Frankfurt Zertifikate AG.

Valor ETPs accurately track the price of digital assets and provide retail and institutional investors with a cost-effective, easy and secure way to access the benefits of investing in the growing world of digital assets. Terra and Avalanche ETPs join Valor’s Bitcoin Zero and Ethereum Zero with Valor Uniswap ETP, Valor Cardano ETP, Valor Pokadot ETP and Valor Solana ETP on Boerse Frankfurt Zertifikate AG.

“We have seen incredible demand for regulated and exchange-traded investment vehicles linked to digital assets beyond Bitcoin, and the listing of Valor’s Terra and Avalanche ETPs on the Frankfurt exchange is an important step in DeFi Technologies’ mission to enable millions of investors to participate in the transformation of the global financial infrastructure,” said Russell Starr, CEO of DeFi Technologies. “But providing access only solves one challenge for investors. That’s why we go even further to structure our products at the lowest possible cost, allowing investors to maximize the benefits of access to these classes. of emerging assets.”

The Valor Terra ETP tracks the performance of LUNA, the native token of the Terra Protocol, a leading decentralized and open-source public blockchain protocol for algorithmic stablecoins. LUNA is among the top ten cryptocurrencies in the world by market capitalization, currently at USD $33.2 billion¹.

The Valor Avalanche (AVAX) ETP tracks the performance of AVAX, the native token of the Avalanche platform. Avalanche is an open and programmable smart contract platform for decentralized applications aiming to rival Ethereum due to its high speed. AVAX is among the top fifteen cryptocurrencies in the world by market capitalization, currently at USD $22.7 billion².

“After our recent success with Terra and Luna in Sweden we now also list them in Germany,” noted Tommy Franson, CEO of Valor. “With these listings, we now offer German investors our full range of current ETPs.”

Valor offers fully hedged digital asset exchange-traded products on multiple European exchanges with low or no management fees. Valor’s Uniswap (United) ETP is the first and only in the world, together with Cardano (ADA), Peas (POINT) and Solana (GROUND) The ETPs are the first of their kind in the Nordic countries. Valor’s Bitcoin Zero and Ethereum Zero remain the first and only fully hedged passive investment product for Bitcoin (BTC) and Ethereum (ETH) which are completely free, with competitors charging up to 2.5% management fees.

Learn more about DeFi Technologies and Valor at challenge.tech and value.com.

About DeFi Technologies

DeFi Technologies Inc. (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) is a technology company that bridges the gap between traditional capital markets and decentralized finance. Our mission is to expand investors’ access to cutting-edge decentralized technologies that we believe are central to the future of finance. On behalf of our shareholders and investors, we identify opportunities and areas for innovation, and build and invest in new technologies and businesses to provide trusted and diverse exposure across the decentralized finance ecosystem. For more information or to sign up to receive company updates and financial information, visit challenge.tech.

About Valor

Valor Inc. issues publicly traded financial products that allow retail and institutional investors to access investments in disruptive innovations, such as digital assets, in a simple and secure way. Founded in 2019 and based in Zug, SwitzerlandValor is a wholly owned subsidiary of DeFi Technologies Inc. For more information about Valor, visit value.com.

Caution Regarding Forward-Looking Information:

This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, the listing of Valor Terra (LUNA) ETP and Valor Avalanche (AVAX) ETP; investor interest in Valor ETPs; geographic expansion and additional listings of Valor’s ETP offerings; the regulatory environment regarding the growth and adoption of decentralized finance; the pursuit by DeFi Technologies and its affiliates of business opportunities; and the potential merits or returns of such opportunities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is planned”, “budget”, “expects”, “estimates”, “plans”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or states that certain actions, events or results “may”, “could”, “would”, “could” or “will be taken”, “will occur” or “will be carried out”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as applicable, to differ materially from those expressed or implied by such forward-looking information. These risks, uncertainties and other factors include, but are not limited to, the acceptance of Valor ETPs by investors and exchanges, including NGM, Frankfurt and Euronext; investor demand for DeFi Technologies and Valor products; growth and development of the DeFi and cryptocurrency industry; rules and regulations regarding DeFi and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be those anticipated, estimated or expected. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

SOURCE DeFi Technologies, Inc.

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