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On Behalf of Neptune Digital Assets Corp. Solana’s (SOL) recent surge to $250, its highest since 2021,  has been fueled by Bitcoin’s climb to $94,000 and strong market sentiment surrounding Solana’s network. Analysts credit this rally to $5.61 billion in open interest, surging network activity, and Solana’s position as a faster, more cost-effective alternative to … Continue reading "Bitcoin Rally Sparks Altcoin Boom, Propelling Solana to $250"

DeFi Technologies (CBOE CA: DEFI) (GR: R9B) (OTCQB: DEFTF), a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance, was featured in a broadcast via NetworkNewsAudio (“NNA”), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio news release covers DeFi’s announcement that its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, “Valour”), a leading issuer of exchange traded products (“ETPs”), reported a 47.2% year-over-year increase of assets under management (“AUM”) to C$748 million as of May 7, 2024. “We are very encouraged by the strong year-on-year growth of our AUM, which reflects the sustained demand for our innovative ETP products and trust from our investors,” said Olivier Roussy Newton, CEO of DeFi Technologies. “Our strategic expansions and the introduction of groundbreaking products this month underscore our commitment to providing secure, diversified and accessible digital asset investment options. We are excited about our future prospects and remain dedicated to advancing our position in the digital asset space.”

DeFi Technologies (CBOE CA: DEFI) (GR: R9B) (OTCQB: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (“DeFi”), has announced that its subsidiary Valour Inc., a leading issuer of exchange traded products (“ETPs”) that provide simplified access to digital assets, has successfully repaid US$19.5 million in outstanding loans. According to the announcement, as of April 30, 2024, Valour has fully repaid balances of US$6 million and US$13.5 million, which were secured by BTC and ETH collateral, respectively. No further equity or debt was raised to repay the loans.

Valour (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralized finance, has announced the appointment of Olivier Roussy Newton as its CEO. The company’s former CEO, Russell Starr, will re-assume the role of head of capital markets and maintain his role as executive chairman. Roussy Newton, a co-founder of Valour, will assume the new role as a strategic move to accelerate the company’s further growth trajectory, to increase its global reach, build new partnerships and align its corporate governance initiatives globally. Previously founding and serving as president of HIVE Blockchain Technologies (NASDAQHIVE) , the first publicly traded crypto miner, Roussy Newton is a partner at Latent Capital, an investment fund focused on breakthrough technology in quantum computing, finance and bioinformatics. He also currently sits on the board of SEBA Bank AG. “Olivier is the natural choice for CEO as we navigate these difficult markets especially given his success leading HIVE Blockchain out of similarly challenging markets,” Starr said in the news release. “My role was never intended to be permanent and having someone with Olivier’s pedigree step in is testimony to the quality of Valour as a company and the global team supporting Valour’s vision of being the dominant ETP player in the world.”