DeFi Technologies Reports Significant Growth in Asset Management

DeFi Technologies, a leading cryptocurrency fintech company, reported impressive growth in its asset management operations, as per data from Foresight News. Valour, the firm’s subsidiary, saw a significant surge in assets under management (AUM) reaching $974 million as of August 29th. This represents a positive 2.85% increase compared to the previous period. Since the start of the year, Valour has seen consistent inflows for its exchange-traded products (ETPs), accumulating $91.7 million in net inflows throughout this period. Notably, these inflows include a record $1.3 million specifically during August alone. The firm’s most popular ETPs are the Solana ETP with a value of $315 million, followed closely by the Bitcoin ETP at $269 million and the Ethereum ETP at $94.7 million.