According to PANews, Web3 listed company DeFi Technologies released its financial performance report as of June 30, 2024. The report shows that as of June 30, 2024, the cash balance was 19.5 million Canadian dollars (14.2 million US dollars), holding USDT worth 54.5 million and 110 BTC.
As of August 14, 2024, digital assets held include 204.23 BTC, 12,775 SOL and 1,484,148 CORE, with a total value of approximately US$21.2 million.
Assets under management will increase 43.7% from C$508.1 million (US$370.8 million) as of December 31, 2023 to approximately C$730.1 million (US$532.2 million) as of June 30, 2024.
Total revenue for the second quarter of 2024 was C$133.2 million (US$98.0 million), a significant improvement from C$7.4 million (US$5.4 million) for the same period in 2023.