Fintech company DeFi Technologies announced that its subsidiary Valour’s assets under management (AUM) had grown to 837 million Canadian dollars (about 609 million U.S. dollars) as of July 31, 2024, a year-to-date increase of 64%. Net inflows in July were 9.3 million Canadian dollars (about 6.75 million U.S. dollars).
The company currently has a cash and USDT balance of approximately 56.2 million CAD (40.9 million USD) and loans of approximately 17.9 million CAD (13 million USD).
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 $20.7 million CAD ($15.1 million USD).
In terms of products, Valour launched the world's first NEAR protocol ETP.
