DeFi Technologies Reports Growth in Asset Management

According to Foresight News, DeFi Technologies, a cryptocurrency fintech company, has released its latest operational data. As of August 29, its subsidiary Valour reported assets under management (AUM) totaling $974 million, marking a 2.85% increase from the previous period. Since the beginning of the year, Valour's exchange-traded products (ETP) have seen a net inflow of $91.7 million, with $1.3 million flowing in during August alone. Valour's largest ETP product is the Solana ETP, with a value of $315 million, followed by the Bitcoin ETP at $269 million and the Ethereum ETP at $94.7 million.