TechFlow reported that fintech company DeFi Technologies announced its subsidiary Valour reached CAD 837 million (approximately USD 609 million) in assets under management (AUM) as of July 31, 2024, representing a 64% increase year-to-date. Net inflows for July amounted to CAD 9.3 million (approximately USD 6.75 million).
The company currently holds approximately CAD 56.2 million (USD 40.9 million) in cash and USDT, with loans totaling around CAD 17.9 million (USD 13 million).
As of August 7, the company held 204.34 bitcoins, 12,775 SOL tokens, and 1,484,148 CORE tokens, with a total value of CAD 20.7 million (USD 15.1 million).
In product development, Valour launched the world's first NEAR Protocol ETP.
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