DeFi Technologies Announces Creation of a Special Purpose Vehicle to Support Distribution of Digital Asset Backed Product Program to Institutional Investors

DeFi Technologies Inc., a technology company bridging the gap between traditional capital markets and decentralized finance, announced that Valour Inc. (Valour), its wholly owned subsidiary and a pioneer in digital asset Exchange Traded Products (ETPs), has created a SPV to support distribution of an asset backed product program.

The SPV will enable Valour to distribute digital asset backed products to institutional clients, to additional exchanges and to offer a broader range of products across Europe.

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“We have now entered into the agreements to start the process and work on our new issuance program. With this, Valour will be able to access institutional clients, several of the most important exchanges and also offer a broader product range all across Europe,” said Tommy Fransson, CEO of Valour. “We are happy to have engaged with the right counter parties to support our mission to become the leading provider of digital assets through exchange traded products.”

Valour offers fully hedged digital asset ETPs with low to zero management fees, with product listings across four European exchanges. Valour’s existing product range includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), and Terra (LUNA) ETPs, as well as Valour’s flagship Bitcoin Zero and Valour Ethereum Zero products, the first fully hedged, passive investment product with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee-free, with competitors still charging up to 2.5% in management fees.

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