DeFi Technologies Inc.DEFT

$0.56-0.04 (-6.59%)
NASDAQFinancial Services24:00 UTC

Company snapshot

Market Cap
$163M
Micro-cap
-68%
2024 — today
10-Year Price
-63%
2024 — today
52-Week Range
$0.48$3.48
Current $0.56· 3%

DeFi Technologies Inc. is a technology company specializing in creating exchange-traded products (ETPs) within Canada, which are designed to mirror the value of single or multiple decentralized finance (DeFi) protocols. The company also delivers a range of related services, including asset management, providing clients with indirect access to underlying digital assets, indexes, and other DeFi instruments. Furthermore, DeFi Technologies engages in early-stage investments across the digital asset ecosystem, operates a dedicated arbitrage trading desk to capitalize on low-risk market opportunities, conducts proprietary research, and offers an OTC desk along with digital asset liquidity solutions. Established in 1986 and headquartered in Toronto, Canada, the company was formerly known as Valour Inc. until it rebranded to DeFi Technologies Inc. in July 2023.

Valuation in context

P/E ratio
5.5
Above average
Pricier than usual over the last 10 years
P/B ratio
1.0
Near historic low
Near historic low — last 10 years
EV / EBITDA
1.3
Near historic low
Near historic low — last 10 years
FCF Yield
-17.6%
Below average
Below the 10-year average
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