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April 6, 2025

Fintech Company Hits 52-Week High On Strong Net Inflows Fueled By Cryptocurrency Interest

Fintech Company Hits 52 Week High On Strong Net Inflows Fueled By Cryptocurrency Interest

Donald Trump being elected the next U.S. President has lit a fire on almost all asset classes, with investors being in full risk-on mode. While a sense of economic euphoria is in the air, no where is it more prominent than in the %Cryptocurrency space.

Today, a financial technology company focused primarily on cryptocurrencies announced impressive capital inflows due to this growing investor interest. %DeFiTechnologies Inc. (OTC: $DEFTF) announced that its subsidiary, Valour Inc., and Valour Digital Securities Limited, an issuer of exchange traded products (” ETPs “) has reported assets under management (” AUM “) of C$1.3 billion (US $922 Million) as of November 30, 2024. This represents a 57% increase month-over-month and a 155% increase year-to-date.

In November, Valour achieved 2024 a monthly net inflow record totaling C$20.9 million (US $14.9 million). Outside of that, the Company also expanded its digital asset treasury in November, purchasing and holding assets such as %Bitcoin (CRYPTO: $BTC), %Ethereum (CRYPTO: $ETH), Solana and more. These holdings are valued at approximately C$67.8 million (US $48.4 million), representing a 56% month-over-month increase.

Investors continue to cheer on the company’s fundamental developments, sending shares higher to the tune of 6.51% ($2.865) in mid-morning trading with the stock currently at 52-week highs.

Article link: http://www.yolowire.com/latestarticles/13366/fintech-company-hits-52-week-high-on-strong-net-inflows-fueled-by-cryptocurrency-interest