DeFi Technologies Expands Valour's ETPs in Asia with Strategic Partnership

DeFi Technologies Inc.'s subsidiary, Valour, has signed a Memorandum of Understanding with AsiaNext and SovFi to expand its digital asset exchange-traded products (ETPs) in the Asia-Pacific region. This agreement aims to enhance institutional access to digital assets through AsiaNext's Singapore-based securities exchange. The partnership marks a crucial step in Valour's global expansion strategy, targeting the Middle East and Africa as future markets.

AsiaNext, a joint venture by Japan’s SBI Digital and Switzerland’s SIX Group, will provide infrastructure support, while SovFi offers liquidity and market penetration expertise. This collaboration aims to introduce innovative ETPs like Bitcoin staking and crypto index-based products in APAC, aligning with Valour's expansion goals.