Today, some Canadian stocks on my list have become a little cheaper.
Do you also have Canadian stocks on your radar?
Discussão sobre DEFI
Postos
11
3Semana·
DeFi Technologies: Triple digits next year. $DEFI (-3,63%)
With an increase of almost 700%, DeFi Technologies is one of the top stocks this year. The crypto profiteer could gain even more by the end of the year. As the management had already announced in an interview with DER AKTIONÄR, the subsidiary Valour recently launched 20 new altcoin ETPs on the market.
With the launch of the new products, Valour is consolidating its position as a leading provider in the field of regulated access to digital assets. In the official press release, the company wrote: "By expanding our product range to include a variety of innovative digital assets, we are giving investors the opportunity to participate in this rapidly evolving market. Following this launch, Valour will have an impressive portfolio of more than 60 ETPs."
By the end of next year, the aim is to increase the offering to 100 ETPs. Johan Wattenström, co-founder of Valour, said: "This landmark launch of 20 new ETPs marks a pivotal moment for Valour and the digital asset industry. By launching such a diverse range of innovative products at the same time, we are not only expanding our portfolio - we are giving investors access to the cutting edge of blockchain technology. With more than 60 ETPs now listed on European exchanges, we are fulfilling our mission to connect traditional finance with the decentralized future."
With the new products, Valour will be able to further increase its assets under management and thus also increase sales and profits - especially if the crypto bull market continues. DER AKTIONÄR therefore assumes that the rally in the crypto star is not yet over. On the contrary: a new all-time high is probably only a matter of time.
www.deraktionaer.deDeFi Technologies: Dreistellig im nächsten Jahr
88
4Semana·
Hello my dears, step on the gas for Luca.
I think there should be a little more here. It's about the honor of the getquin community that Luca represents in the simulation.
What do you think of the momentum strategy?
Everyone names the stock from their portfolio with the highest momentum.
Luca then puts the shares to the vote in which the community votes.
I would start with $DEFI (-3,63%) to start with.
4Semana·
Hello getquin community!
I am currently taking part in the competition Stock Market Simulation Game which started on 4.10.2024 and runs until 30.1.2025. I have already bought a few shares, but I am open to tips and suggestions for improvement.
Do you have any recommendations for specific sectors, stocks or strategies that have proven successful in such a time-limited competition? Would you go for long term potential or would you rather go for short term gains through volatile stocks?
I am grateful for any ideas!
Best regards and thanks in advance 😊
1Mês·
DeFi Technologies provides monthly company update: $DEFI (-3,63%)
Valour subsidiary reaches record C$1.3 billion ($922 million) in assets under management, up 57% month-over-month and 155% year-to-date, and record monthly net inflows of C$20.9 million ($14.9 million) in November 2024.
www.prnewswire.comDeFi Technologies Provides Monthly Corporate Update: Subsidiary Valour Achieves Record C$1.3 Billion (US$922 Million) AUM, Reflecting a 57% Month-over-Month Increase and a 155% Rise Year-to-Date, and 2024 Record Monthly Net Inflows of C$20.9 Million (US$14.9 Million) in November
1313
1Mês·
DeFi Technologies Inc. announces financial results for Q3 2024: $DEFI (-3,63%)
Fundamentally, the Group's figures are more than respectable
In contrast to many other crypto stocks, DeFi Technologies is still valued very favorably with a 2025 P/E ratio of 7 in view of its continued growth. In addition, the Group has a decent liquidity cushion and a listing on the US technology exchange Nasdaq could be imminent.
Total revenue, EBITDA and net income: DeFi Technologies reported total revenue of CAD 24.2 million (approx. USD 17.8 million ) and CAD 152.4 million (approx. USD 112.0 million ) for the three- and nine-month periods ended September 30, 2024, and net income of CAD 24.9 million (approx. USD 18.3 million ) and CAD 97.2 million (approx. USD 71.4 million ) for the three- and nine-month periods ended September 30, 2024. The Company also reports EBITDA of C$26.2 million ($19.3 million) and C$102.3 million ($75.2 million) for the three and nine months ended September 2024 , reflecting its strong operating performance and robust revenue growth.
Significant growth in assets under management (AUM): AUM increased 51.6% since December 31, 2023 to approximately C$770.5 million ( $570.8 million ) as of September 30, 2024 , driven by favorable market conditions, new product launches and strategic corporate actions that improved trading volumes and overall financial performance. Since September 30, 2024, AUM has continued to increase, reaching a record CAD 1.1 billion ( USD 785.4 million ) as of November 13, 2024.
Outlook 2024: DeFi Technologies expects to generate annual revenue of approximately CAD 198.6 million ( USD 141.5 million ) in fiscal 2024, supported by continued AUM growth, upcoming ETP launches and the integration of new acquisitions that will take advantage of favorable conditions in the digital asset sector. In addition, the company continues to explore additional Defi Alpha trading opportunities.
https://www.deraktionaer.de/artikel/aktien/defi-technologies-die-zahlen-sind-da-20370072.html
www.deraktionaer.deDeFi Technologies: Die Zahlen sind da
55
2Mês·
DeFi Technologies share: above-average growth potential. $DEFI (-3,63%)
B. Riley's decision to initiate coverage of DeFi Technologies Inc. stock (ISIN: CA2449161025, WKN: A3EQD5, ticker symbol: R9B, CBOE Canada symbol: DEFI, NASDAQ OTC symbol: DEFTF) with a "buy" rating and a price target of $5 CAD shows that analyst Hal Goetsch is optimistic about the company's growth potential. Here are the key points of the analysis and their implications:
1. "buy" rating and price target: optimism despite volatility
- B. Riley Securities initiates coverage of DeFi Technologies with a "buy" rating and a price target of CAD 5. This rating shows that the analysts expect above-average growth potential for the stock and believe that investors can benefit from the current valuation.
- The decision to initiate coverage with a positive rating reflects confidence in DeFi Technologies' business strategy, even though some uncertainties remain in the market.
2. bridge between traditional and digital finance
- The analyst emphasizes that DeFi Technologies is working to develop financial products that bridge the gap between traditional financial companies such as banks and brokerages and the new digital currency ecosystems. This positioning is strategic as it enables the company to capitalize on the growing integration of decentralized finance (DeFi) into the traditional financial sector.
- Such bridging solutions are particularly valuable at a time when many traditional financial players are looking for ways to prepare for the adoption of digital assets. DeFi Technologies could therefore play a key role in the expansion of this infrastructure.
3. strong but volatile growth potential
- B. Riley Securities emphasizes that DeFi Technologies' growth potential is strong but volatile. This is because the company operates in a relatively young market segment whose growth is still in its infancy. The expansion of exchange-traded products (ETPs) based on digital assets offers significant potential, but also entails risks.
- The volatility of company growth is strongly linked to the volatility of digital assets. As the prices of cryptocurrencies and other digital assets can vary widely, DeFi Technologies' business prospects could also fluctuate significantly.
4. long-term perspective and market opportunities
- In the long term, DeFi Technologies could benefit from the increasing acceptance and integration of digital currencies into the mainstream financial market. As traditional financial companies continue to integrate digital assets into their services, the need for products that connect these two worlds will continue to grow.
- The introduction of exchange-traded products (ETPs) based on digital currencies could be particularly lucrative as investors look for regulated ways to invest in the cryptocurrency market without having to hold digital assets directly.
Summary and conclusion
B. Riley Securities initiated coverage of DeFi Technologies with a "buy" rating and a price target of $5 CAD, indicating strong growth potential for the company. The analysts emphasize that DeFi Technologies represents an important bridge between the traditional financial world and the growing digital currency ecosystems. This strategic positioning could allow the company to benefit from the increasing integration of DeFi solutions into the mainstream financial market.
However, the growth of DeFi Technologies comes with risks due to the volatile nature of digital assets. The price volatility of cryptocurrencies could impact the company's business performance, which investors should be aware of.
Overall, B. Riley Securities' positive rating suggests that there is high confidence in the company's long-term growth opportunities. For investors willing to accept market volatility, DeFi Technologies could represent an attractive investment opportunity to capitalize on the growth potential of digital financial markets. (Analysis from 23.10.2024)
https://seekingalpha.com/news/4195230-defi-technologies-rated-new-buy-at-b-riley-on-growth-potential
2Mês·
$DEFI (-3,63%) shall be the next $NVDA (+0,63%) be the next.
-> high risk reward!
3Mês·
DeFi Technologies acquires Stillman Digital to expand its trading capabilities.
Acquisition of Stillman Digital: DeFi Technologies has successfully acquired Stillman Digital, a leading provider of digital asset liquidity with over $20 billion in trading volume since 2021, including $5 billion in the second quarter of 2024 alone. Stillman Digital provides digital asset products and services in electronic trade execution, market making and OTC block trading.
www.newswire.caDeFi Technologies Completes Acquisition of Leading Digital Asset Liquidity Provider Stillman Digital
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