DeFi Technologies Wholly Owned Subsidiary, Valour Structured Products, Announces record growth in AUM for both BTC Zero and ETH Zero with combined holdings surpassing 100 million in May, 2021
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Highlights:
Valour experiencing record investor interest in both ETH Zero and BTC Zero in the Nordic Growth Market.
ETH Zero is the world s first fee-free Exchange Traded Product for direct exposure to Ethereum and has grown at an average pace of 3,752% month over month since launch 30 March 2021.
BTC Zero has grown at an average pace of 71% month over month since inception December 2020.
TORONTO, May 12, 2021 /PRNewswire/ -
DeFi Technologies ) (NEO: DEFI) (GR: RMJR) announces that its wholly owned subsidiary,
Canadian investment company Routemaster Capital Inc. has entered into a binding Letter of Intent to acquire a 20% equity interest in Valour Structured Products, Inc. The deal values Valour at about CHF50 million.
Founded in 2018, Valour Structured Products, Inc. is a company focused on creating exchange traded products in the digital asset space. Following the completion of a seed financing led by leading cryptocurrency investors in 2018, Valour has undertaken regulatory applications required and has received approval to be an issuer of digital asset products on leading European stock markets. Its first product launched was Bitcoin Zero. Bitcoin Zero is the first fully hedged, passive investment product with Bitcoin as its underlying asset and charges zero management fees.