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TORONTO - DeFi Technologies Inc. (NASDAQ:DEFT), whose stock has surged 73% over the past year and currently trades near its 52-week high of $137.16, has launched a new DeFi Advisory business line that will provide digital asset treasury solutions for public companies, the company announced Monday. According to InvestingPro, the company has shown particularly strong momentum, with a 25% gain year-to-date.
The advisory division’s first client is Nuvve Holding Corp. (NASDAQ:NVVE), which has appointed DeFi Technologies to manage its HYPE token treasury strategy. Nuvve, a vehicle-to-grid technology company, has expanded its corporate treasury policy to include HYPE, the native token of the Hyperliquid decentralized exchange.
Under the agreement, DeFi Technologies will oversee secure custody, execute over-the-counter transactions through its subsidiary Stillman Digital, and manage strategies to optimize Nuvve’s HYPE position. The company will earn recurring management fees based on assets under management, paid quarterly in either equity or cash.
"DeFi Advisory represents a significant evolution in our business model—transforming our existing research and execution infrastructure into a dedicated, institutional-grade service offering," said Olivier Roussy Newton, CEO of DeFi Technologies, in a press release statement.
The new business line complements DeFi Technologies’ existing operations, which include Valour for regulated exchange-traded products, Stillman Digital for prime brokerage, Reflexivity Research for market insights, and Neuronomics for quantitative trading strategies.
DeFi Technologies indicated that additional mandates for its advisory services are in the pipeline and expected to be announced in the coming months.
The company positions itself as bridging traditional capital markets and decentralized finance, offering institutional investors diversified exposure to the digital asset economy through its various business units. With a market capitalization of $15.95 million and an "GREAT" financial health score according to InvestingPro, DeFi Technologies demonstrates strong fundamentals in the emerging DeFi sector. InvestingPro subscribers can access 6 additional key insights about the company’s valuation and performance metrics.
In other recent news, DeFi Technologies Inc. has reported significant developments across various fronts. The company announced a record milestone with its subsidiary Valour Inc., reaching $302 million in Bitcoin assets under management, coinciding with Bitcoin’s all-time high price of $122,625. Additionally, DeFi Technologies has formed a strategic partnership with Misyon Bank and Misyon Kripto to introduce exchange-traded products in Turkiye, aiming to provide regulated access to digital assets like Bitcoin and Ethereum. In another strategic move, DeFi Technologies entered a joint venture with Fire Labs to launch a U.S. dollar-backed stablecoin, emphasizing secure digital assets with regulatory support. The stablecoin will feature overcollateralization and a yield-bearing token for institutional investors. The company also recently commenced trading on the Nasdaq Capital Market, marking a significant step in its mission to bridge traditional finance with decentralized technologies. DeFi Technologies maintains a strong financial position with $44.7 million in cash, USDT, and digital asset holdings as of April 30, 2025. The firm continues to expand its global reach and product offerings, reflecting its ambition to modernize financial markets worldwide.
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