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DeFi Technologies Soars with Record Q1 Results

DeFi Technologies Soars with Record Q1 Results

Defi Technologies Inc (TSE:DEFI) has released an update.

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DeFi Technologies Inc. reports a triumphant Q1 2024 with record-breaking financials, including a 78.7% growth in assets under management to C$908 million and a peak operating revenue of C$13.4 million. The quarter was marked by strategic acquisitions and the launch of several Exchange Traded Products, contributing to a rosy outlook with projected annualized revenues of C$119 million. The company’s financial and product expansion signifies its strong position in the digital asset sector.

For further insights into TSE:DEFI stock, check out TipRanks’ Stock Analysis page.

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