DeFi Technologies launches Brazil trading with digital asset ETPs

DeFi Technologies Inc. (NASDAQ: DEFT) and its subsidiary Valour have launched Brazilian Depositary Receipts representing DeFi Technologies shares and five digital asset exchange traded products on the B3 Exchange in Brazil.

The company held a bell-ringing ceremony at the B3 Exchange in São Paulo on December 19 to mark the listings. The products now trading include DEFT31 BDRs representing DeFi Technologies' Nasdaq-listed shares, and Valour ETPs for Bitcoin (BTCV), Ethereum (ETHV), XRP (XRPV), Solana (VSOL), and Sui (VSUI).

The listings provide Brazilian investors with BRL-denominated access to DeFi Technologies equity and digital assets through existing brokerage and custody infrastructure used for equities and ETFs.

For Valour, which offers more than 100 digital asset ETPs across European exchanges, the B3 listings represent its first expansion outside Europe. The company worked with B3 Exchange, Cepeda Advogados and BTG Pactual to bring the products to market.

"Brazil is a strategically important market for us," said Johan Wattenström, Chief Executive Officer of DeFi Technologies and Co-Founder of Valour. "With these listings on the B3 Exchange, we are one step closer to our goal of making regulated, exchange traded digital asset exposure available to investors in the world's most significant financial centres."

Andrew Forson, President of DeFi Technologies and Chief Growth Officer of Valour, said the launch serves as "a template for our broader global expansion" and represents the first step outside Europe for Valour.

DeFi Technologies operates as a financial technology company focused on bridging traditional capital markets and decentralized finance. The company also trades on CBOE CA under the ticker DEFI and on German exchanges as R9B.

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