DeFi Technologies Launches DeFi Advisory Division and Secures Second Mandate with TenX Protocols
DeFi Technologies Inc., a financial technology company bridging traditional capital markets and decentralized finance (DeFi), has announced the establishment of its new division, DeFi Advisory, aimed at assisting publicly traded companies in managing digital assets. The division will offer digital asset management strategies, trade execution, and corporate consulting through a unified platform.
In addition, DeFi Advisory has secured its second mandate from TenX Protocols, an L1-focused digital asset treasury company. TenX recently completed a private placement of 29.9 million CAD and announced a planned merger with Iocaste Ventures. DeFi will provide trading services, research, and capital market support to TenX for an initial consulting fee of 600,000 USD plus trading fees and a performance-based success fee.
The DeFi Advisory division expands DeFi’s vertically integrated model by combining Stillman Digital’s institutional trading infrastructure with Reflexivity Research’s market insights to comprehensively support companies dealing with treasury strategies for digital assets.
About DeFi Technologies
DeFi Technologies Inc. is a pioneer in the Nasdaq-listed digital asset management space, offering investors diversified exposure to the broader decentralized economy. With subsidiaries like Valour, Stillman Digital, and Reflexivity Research, DeFi Technologies is uniquely positioned to support companies in IPOs, digital asset portfolio management, and institutional trading.
CEO Olivier Roussy Newton commented on the expansion of DeFi Advisory and the partnership with TenX, highlighting the demand for comprehensive support in the digital asset management sector. Mat Cybula, CEO of TenX, also expressed confidence in the partnership, emphasizing the strategic growth opportunities it presents in the digital asset ecosystem.
With its expertise in ETPs, trading, custody, and research, DeFi Technologies is well-equipped to capitalize on the increasing number of public companies managing digital assets globally.
About DeFi Technologies‘ Subsidiaries
Valour Inc., Stillman Digital, Reflexivity Research, and Neuronomics AG are key subsidiaries of DeFi Technologies, each offering specialized services in digital asset management, liquidity provision, research, and quantitative trading strategies.
Analyst Coverage
For a list of analyst reports on DeFi Technologies, visit their investor relations page.
For inquiries from institutional investors or family offices, contact ir@defi.tech.
Disclaimer:
This press release contains forward-looking statements regarding DeFi Technologies‘ partnership with TenX and the growth opportunities in the digital asset management space. Actual results may differ from those anticipated due to various factors such as market acceptance, regulatory changes, and price fluctuations in digital assets.
Note:
CBOE Canada Exchange assumes no responsibility for the accuracy of this publication.
For more information, please contact: Press: KCSA Strategic Communications, defi@kcsa.com; Olivier Roussy Newton, Chief Executive Officer, ir@defi.tech, (323) 537-7681