DeFi Technologies Subsidiary Valour Inc. Launches World’s First CORE ETP and Expands World’s First Hedera ETP to Shine a Light on the Stock Market

• Launch of the first ETPs on Spotlight Stock Market: DeFi Technologies subsidiary Valour Inc. introduces the first Basic ETP and extends the first in the world ETP Hedera (HBAR) on the Spotlight Stock Market, marking the first ETP offerings on that exchange.

• Innovative and diversified investment opportunities: The Valour CORE ETP provides exposure to the Core blockchain’s native token with its unique Satoshi Plus consensus mechanism, while the Valour Hedera ETP provides access to Hedera’s energy-efficient HBAR cryptocurrency, both enhancing Valour’s product portfolio.

• Strengthening strategic collaborations: This launch signifies a deeper collaboration with the Core Foundation and follows the successful introduction of the Valour Bitcoin Staking ETP, underscoring Valour’s commitment to delivering cutting-edge digital asset investment products.

TORONTO, June 28, 2024 /CNW/ – DeFi Technologies Inc. (the “DeFi Technologies”)Business” Or “DeFi Technologies“) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a crypto-native technology company pioneering the convergence of traditional capital markets with the world of decentralized finance (“Challenge“), proudly announces that its subsidiary Valour Inc. (“Value“), a leading issuer of exchange-traded products (“AND P“) which offer simplified access to digital assets, has launched two new ETPs: the ETP Valor CORE (CORE) and the ETP Valour Hedera (HBAR)on the Spotlight exchange in Sweden. These launches mark the first ETP offerings for Spotlight, as well as an important milestone in Valour’s mission to provide retail and institutional investors with secure and simple access to leading digital assets.

DeFi Technologies Inc. logo (CNW Group/DeFi Technologies Inc.)

Valour CORE (CORE) SEK (ISIN: CH1213604593) offers investors exposure to the Core blockchain’s native token, CORE. Core Chain’s Satoshi Plus consensus mechanism uniquely combines the decentralization and security of Bitcoin’s Delegated Proof of Work.“Directed work project”) with the scalability and flexibility of Ethereum’s delegated proof of stake (““DPoS”). This innovative approach ensures a robust and efficient blockchain infrastructure. Valour CORE (CORE) SEK tracks the price of CORE, providing a simple and transparent investment opportunity. This expansion follows the successful launch of the Valour Bitcoin Staking ETP, underlining Valour’s commitment to offering a wide range of cutting-edge digital asset investment products. Additionally, this launch signifies a deeper collaboration with the Core Foundation.

In addition to the Valour CORE ETP, Valour is also expanding its offering of the world’s first ETP Valour Hedera (HBAR), which was initially launched on the Frankfurt Stock Exchange (certificate). The Valour Hedera (HBAR) ETP (ISIN: CH1213604585) provides secure and simple access to Hedera’s native cryptocurrency, HBAR. Hedera is renowned for its energy-efficient public distributed ledger technology, which uses asynchronous and leaderless Byzantine fault tolerance (““aBFT”) hashgraph consensus algorithm. With a market capitalization of approximately US$3.7 billion, HBAR ranks among the top 30 digital assets globally. This ETP aligns with Valour’s broader strategy to expand the availability of digital asset products on traditional exchanges.

“We are thrilled to launch the first ETP offerings on the Spotlight Exchange with the Valour Core and Hedera ETPs,” said Olivier Roussy Newton, CEO of DeFi Technologies. “This move underscores our commitment to providing investors with innovative and accessible digital asset investment opportunities. Bringing these ETPs to a new exchange not only expands our reach, but also reinforces our mission to bring traditional finance closer to the rapidly evolving world of decentralized finance.”

Founded in 1997, Spotlight aims to simplify, secure and increase visibility for the listing process for growth companies. With a focus on accessibility and visibility, Spotlight aims to become the leading marketplace in the Nordic region. The exchange supports innovative and high-growth companies, providing them with the visibility and security needed to attract investors. This ambition is perfectly aligned with Valour’s goals to increase the availability and simplicity of digital asset investments. The listing of Valour ETPs on Spotlight underlines the importance of this platform in supporting innovative financial products.

“We are delighted to launch our new ETP segment with Valour on Spotlight. Valour has proven to be a leading and innovative provider of digital assets, which is why we are extremely pleased and proud to welcome Valour to our exchange. Spotlight Stock Market’s long-term strategy is to expand our offering to investors and listed companies, both in terms of international trading and product range. Our recent trading system exchange, implementing the Nasdaq INET Nordic system, allows us to offer trading on various ETPs, which has been a request from several companies for an extended period,” said Anders Kumlin, CEO of Spotlight Stock Market.

“We are delighted to introduce Valour Hedera (HBAR) and Valour CORE to the Nordics,” added Johanna Belitz, Head of Nordics. “Valour CORE (CORE) SEK stands out as the first ETP in the world to have CORE as an underlying asset, marking an important milestone in our offering. This addition not only enhances our product portfolio, but also reaffirms our commitment to offering innovative and diversified investment opportunities. Exciting times ahead!”

About DeFi Technologies
DeFi Technologies Inc. (CBOE CA: CHALLENGE) (GR: R9B) (OTC: DEFAULT) is a financial technology company pioneering the convergence of traditional financial markets with the world of decentralized finance (DeFi). By focusing on cutting-edge Web3 technologies, DeFi Technologies aims to provide investors with widespread access to the future of finance. Backed by a team of esteemed 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 Valour
Valour Inc. and Valour Digital Securities Limited (together, “Value“) issues exchange-traded products (“AND P”) that allow retail and institutional investors to access digital assets like Bitcoin simply and securely through their traditional bank account. Valor is part of DeFi Technologies Inc.’s (CBOE CA: CHALLENGE) (GR: R9B) (OTC: DEFAULT).

In addition to their new digital asset platform backed by physical media, which includes 1Valour Carbon Neutral Physical Bitcoin AND P, 1Valour Ethereum Physical StakingAnd 1Valour Internet Computer Physical StakingValour offers fully hedged digital asset ETPs with low to no management fees, with product listings on European exchanges, banks and brokerage platforms. Valour’s existing product range includes Valour Uniswap (United), Cardan (ADA), Peas (POINT), Solana (GROUND), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Ripple (XRP), Toncoin (TONNE), Internet computer (PCI), Chain link (LINK), Heart (HEART), Enjin (ENJ), Valor Bitcoin Staking (Bitcoin), Bitcoin Carbon Neutral (BTCN), Hedera (HBAR), Valor 10 Digital Asset Basket (VDAB10) And 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETPs with low management fees. Valour’s flagship products are Bitcoin Zero and Ethereum Zero, the first passive investment products fully hedged with Bitcoin (Bitcoin) and Ethereum (ETH) as underlyings that are completely free of fees. For more information about Valour, to subscribe, or to receive financial updates and information, visit valor.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, the Valour Hedera ETP (HBAR); Hedera HBAR; the Valour CORE ETP; the listing of the ETPs on the Spotlight Exchange; the development of the ETPs; future demand for the ETPs; the regulatory environment regarding the growth and adoption of decentralized finance; DeFi Technologies’ and its subsidiaries’ pursuit of business opportunities; and the potential merits or returns of such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that 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. Such risks, uncertainties and other factors include, but are not limited to, the acceptance of the ETPs by exchanges; the growth and development of the decentralized finance and cryptocurrencies industry; rules and regulations relating to decentralized finance and cryptocurrencies; general business, economic, competitive, political and social uncertainties. 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 to differ from those anticipated, estimated or intended. 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. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update forward-looking information, except in accordance with applicable securities laws.

CBOE CANADA EXCHANGE ACCEPTS NO RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Disclaimer: The Hedera logo and brand are used to refer to the Hedera network and its native cryptocurrency, HBAR. Hedera is a registered trademark of Hedera Hashgraph, LLC, all rights reserved. Neither Hedera nor any of the Hedera board members were involved in the creation of this European regulated ETP.

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SOURCE DeFi Technologies Inc.

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