DeFi
Valor Inc., a subsidiary of DeFi Technologies, expands its collaboration with justTRADE; 1Valor STOXX Bitcoin Suisse Digital Asset Blue Chip ETP now available for German savings plans
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Valor Inc., a subsidiary of DeFi Technologies, has expanded its partnership with justTRADE, making the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP available for German savings plans.
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This collaboration, initiated in August 2022, strengthens Valor’s position as a key provider of cryptocurrency products and ETPs to justTRADE’s customer base, aligning with their mission to provide simple and secure access to digital assets .
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The launch of the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP, which follows a rules-based passive index methodology and leverages Bitcoin Suisse’s global cryptocurrency taxonomy, marks a historic milestone for STOXX and expands the accessibility of cryptocurrency investments within traditional wallets.
TORONTO, June 4, 2024 /PRNewswire/ – DeFi Technologies Inc. (the “Business” Or “DeFi Technologies“) (CBOE CA: DEFI) (GR: RB9) (OTC: DEFTF), a fintech company pioneering the convergence of traditional capital markets with the world of decentralized finance (“Challenge“), is pleased to announce that its subsidiary Valor Inc. (“Value“), a major issuer of exchange-traded products (“AND P“) which offer simplified access to digital assets, has expanded its partnership with justTRADE, a leading German online brokerage platform. The recently launched 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP is now available for plans German savings via justTRADE.
DeFi Technologies Logo (CNW Group/DeFi Technologies Inc.)
The collaboration between justTRADE and Valor builds on the foundation of a shared commitment to innovation and accessibility of financial services. Initiated in August 2022, this partnership has already positioned Valor as a key provider of cryptocurrency products and ETPs to justTRADE’s customer base in Germany. justTRADE, known for its user-friendly platform and comprehensive financial offerings, perfectly aligns with Valor’s mission to simplify and secure access to digital assets through trusted and regulated vehicles. This collaboration not only expands the range of products available to justTRADE customers, but also strengthens Valor’s role as a leader in the digital assets sector.
This recent launch is all the more historic as STOXX, renowned for its benchmark indices, ventured for the first time into the field of cryptocurrencies. The 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP represents a pioneering investment opportunity in leading digital assets, providing an ideal entry point for satellite and mainstream investment strategies. This product tracks the STOXX Digital Asset Blue Chip X Index, applying a rules-based passive index methodology. It leverages Bitcoin Suisse’s comprehensive global crypto taxonomy for asset classification, ensuring a well-balanced and regularly adjusted investment portfolio.
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The introduction of the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP via justTRADE marks an important step in the integration of traditional financial index expertise with the dynamic world of digital assets. This strategic move is expected to expand the accessibility of cryptocurrency investments within traditional portfolios, reflecting a growing recognition of digital assets as an essential component of diversified investment strategies.
Marco A. Infuso, Chief Sales Officer of Valour, commented on the collaboration, saying: “We are proud to partner with justTRADE to offer the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP to German retail and institutional investors. A step forward in our mission to make high-quality digital asset products accessible to a wider audience. justTRADE’s choice of Valor over large financial institutions highlights our deep expertise and innovative approach in the ETP space. Together, we are setting new standards in digital investing. assets.”
Michael B. Bußhaus, Co-Founder and Managing Director of justTRADE, said: “We are delighted to have Valor as a partner for our crypto ETPs and savings plans. Their wide range of products, low costs and innovative underlyings are very popular with investors. our clients, making investments in crypto assets easy and convenient.
About justTRADE
justTRADE is a Frankfurt-based online broker that systematically offers traders trading in securities and cryptos for an order fee of €0 (plus standard market spreads and a maximum external cost of €1) and from ‘a single securities account. More than 500,000 securities – stocks, ETFs, ETCs, wikifolios, certificates, warrants and leveraged products – can now be traded via iOS and Android or via the desktop browser, both on the stock exchange via three exchanges (LS Exchange, Quotrix and Tradegate Exchange). and off-exchange via five commercial partners (JP Morgan, Société Générale, UBS, Vontobel and L&S (wikifolios)). Around 1,500 ETFs, ETCs and ETPs from twelve providers complete the offering. With the ability to also trade 27 native cryptos from the same securities account as all securities, justTRADE offers its clients an unprecedented offering in Germany. Furthermore, in total, around 200 securities are also eligible for savings plans. https://www.justtrade.com/
About DeFi technologies
DeFi Technologies Inc. (CBOE CA: CHALLENGE) (GR: MB9) (OTC: DEFTF) is a fintech company pioneering the convergence of traditional capital markets with the world of decentralized finance (DeFi). Focusing specifically on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Supported by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionizing the way individuals and institutions interact with the evolving financial ecosystem. Join the DeFi Technologies digital community on Linkedin And Twitterand for more details visit https://defi.tech/
About Valor
Valor Inc. and Valor Digital Securities Limited (together, “Value“) issues exchange-traded products (“AND P”) which allow individual and institutional investors to access digital assets like Bitcoin simply and securely through their traditional bank account. Valor is part of the asset management business segment of DeFi Technologies Inc. (CBOE CA: CHALLENGE) (GR: R9B) (OTC: DEFTF).
In addition to their new physical-backed digital asset platform, which includes 1Valor Bitcoin Physical Carbon Neutral AND P, 1Valor Ethereum physical stakingAnd Physical Staking of 1Valour Internet Computers, Valor offers fully hedged digital asset ETPs with low to no management fees, with product listings on European exchanges, banks and brokerage platforms. Valor’s existing product line includes Valor Uniswap (United), Cardano (ADA), Peas (POINT), Solana (GROUND), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Ripple (XRP), Toncoin (TONNE), computer Internet (PCI), Chain link (LINK) Enjin (ENJ), Valor Bitcoin Staking (BTC), carbon-neutral Bitcoin (BTCN), Valor 10 Digital Asset Basket (VDAB10) And 1Valor STOXX Bitcoin Switzerland Blue Chip Digital Asset ETP with low management fees. Valor’s flagship products are Bitcoin Zero and Ethereum Zero, the first passive investment products fully hedged with Bitcoin (BTC) and Ethereum (ETH) as completely free underlyings.
For more information about Valor, to subscribe, or to receive updates and financial information, visit value.com.
About reflexivity research
Reflexivity Research LLC is a leading research firm specializing in creating high-quality, in-depth research reports for the bitcoin and digital assets industry, providing investors with valuable insights. For more information, please visit https://www.reflexivityresearch.com/
Caution regarding forward-looking information:
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, trading of the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP on justTRADE; development and referencing of future ETPs; the regulatory environment with respect to the growth and adoption of digital assets; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors which may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. These risks, uncertainties and other factors include, but are not limited to, acceptance of Valor exchange-traded products by exchanges; the growth and development of the digital assets sector; rules and regulations regarding digital assets; general uncertainties related to business, economics, competition, politics and society. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be those contained in forward-looking information. anticipated, estimated or hoped for. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Therefore, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update any forward-looking information except in accordance with applicable securities laws.
THE CBOE CANADA EXCHANGE DISCLAIMS ANY RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
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SOURCE DeFi Technologies Inc.