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DeFi Technologies ( (TSE:DEFI) ) has shared an update.
Valour Inc., a subsidiary of DeFi Technologies, has launched thirteen new SEK-denominated exchange-traded products (ETPs) on Sweden’s Spotlight Stock Market, bringing its total to 99 listed ETPs. This expansion further solidifies Valour’s position as the issuer with the largest selection of digital asset ETPs globally, providing broader access to digital assets for Nordic investors. The new listings cover a diverse range of underlying assets, including Layer 1 and Layer 2 networks, gaming ecosystems, and community tokens, reflecting strong investor demand and Valour’s commitment to maintaining high standards in risk management and market quality.
The most recent analyst rating on (TSE:DEFI) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on DeFi Technologies stock, see the TSE:DEFI Stock Forecast page.
Spark’s Take on TSE:DEFI Stock
According to Spark, TipRanks’ AI Analyst, TSE:DEFI is a Neutral.
DeFi Technologies exhibits strong revenue growth and strategic expansions, but faces challenges with profitability, negative cash flow, and valuation issues. Positive sentiment from the earnings call and strategic initiatives are encouraging, yet regulatory hurdles and market dependency remain key risks.
To see Spark’s full report on TSE:DEFI stock, click here.
More about DeFi Technologies
DeFi Technologies Inc. is a financial technology company that bridges the gap between traditional capital markets and decentralized finance (DeFi). Through its subsidiary, Valour Inc., the company is a leading issuer of exchange-traded products (ETPs), offering a wide range of digital asset ETPs globally.
Average Trading Volume: 455,238
Technical Sentiment Signal: Buy
Current Market Cap: C$51.06M
Learn more about DEFI stock on TipRanks’ Stock Analysis page.