Defi Technologies Inc (TSE:DEFI) has released an update.
DeFi Technologies Inc. has teamed up with the Core Foundation to create innovative Bitcoin Exchange Traded Products (ETPs), including a novel yield-bearing BTC ETP, through its subsidiary Valour. This venture introduces Bitcoin as an actively yielding investment by leveraging Core Chain’s blockchain features and rewards. Additionally, Valour will manage a Core Blockchain validator node and plans to stake $100 million in BTC, marking a significant step in merging traditional finance with blockchain technology.
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