DeFi Technologies Corporate Update: Valour Achieves Record Net Inflow of CAD 14.1 Million in a Single Month
Publication Time:2024-09-12 07:41:10
DeFi Technologies recently released its latest corporate update, focusing on its subsidiary Valour's achievement of CAD 14.1 million in net inflows in August, which is the highest figure since 2024. As of August 31, Valour's total assets under management reached CAD 661 million (approximately USD 487 million), showing a 30% increase compared to the same period last year. Despite the fluctuations in the scale of managed assets due to market price changes, this single-month net inflow broke the historical record. This success demonstrates the continuous market confidence and demand for Valour's ETF products. Moreover, according to the report, as of August 31, the company had approximately CAD 26.2 million (approximately USD 19.4 million) in cash and equivalent US dollar assets, with a current payable loan amounting to CAD 17.5 million (approximately USD 13 million). The company also holds a certain quantity of cryptocurrencies, such as 204.3 BTC, 21.3 ETH, 246,683 ADA, 64,616 DOT, 5,345 SOL, 490 UNI, 433,322 AVAX, and 2,515,203 CORE tokens, totaling approximately CAD 33.9 million (approximately USD 25.1 million).
net inflow
Record High
Valour
Assets Under Management
DeFi Technologies