On August 15th, DeFi Technologies, a Web3 listed company, released its financial performance report for the three and six months ending on June 30th, 2024. The report reveals:
As of June 30th, 2024, the cash balance is CAD 19.5 million (USD 14.2 million), with holdings of USDT worth USD 54.5 million and 110 BTC.
2. As of August 14th, 2024, the digital asset fund position includes 204.23 BTC, 12,775 SOL, and 1,484,148 CORE, with a total value of approximately USD 21.2 million.
3. The asset management scale increased by 43.7% from CAD 508.1 million (USD 370.8 million) as of December 31st, 2023, to approximately CAD 730.1 million (USD 532.2 million) as of June 30th, 2024.
4. Total revenue for the second quarter of 2024 was CAD 133.2 million (USD 98 million), significantly improving from CAD 7.4 million (USD 5.4 million) in the same period in 2023.
