Valor, a wholly owned subsidiary of DeFi Technologies, SEBA Bank …

DeFi Technologies, Inc.

Toronto, Oct. 1 /PRNewswire/

  • DeFI Technologies’ wholly owned subsidiary, Valor, has partnered with SEBA Bank and MVIS to launch an investable index of tokens developed for the Metaverse: SVMETA.

DeFi Technologies Inc. (The ‘company“or”DeFi Technologies(NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company working to bridge the gap between traditional capital markets and decentralized finance, today announced that Valor Inc. (“)the value“), a wholly owned subsidiary and a leader in exchange-traded digital assets products (”ETPs”), in association with SEBA Bank and MarketVector Indices (“MVIS”) together to launch the SEBA VALOR Metaverse Index (SVMETA).

The SVMETA Index is an investable index of tokens developed for the Metaverse. It provides exposure to crypto assets related to gaming, entertainment, and social interactions in the world of virtual and augmented reality.

“The Metaverse has amazing potential to change the way we interact with technology and the world around us, just as the Internet has changed that interface,” said Tommy Franson, CEO of Valor. This product enables people to invest in this potential and be part of the next great technological revolution

SVMETA is a rule-based index that covers CCCAGG prices and is calculated in US dollars as a price index. The indicator is reviewed monthly. For complete information about the index, including methodological details and index data, see [ LINK].

“Metaverse is the next iteration of the Internet. It is a 3D virtual world where users can interact with their surroundings and other Metaverse users. Apart from its huge entertainment potential, Metaverse is expected to create its own ecosystem of commercial avatars, opening up incredible investment opportunities.” The SEBAV Metaverse Index, developed by SEBA Bank in collaboration with MVIS and Valor, offers a showcase for digital assets designed to capture accelerating trends to bring gaming, entertainment, and social interactions into virtual environments. The components of EBA V include tokens related to the Metaverse that are selected based on market capitalization and liquidity. .

With this latest development, DeFi Technologies continues to advance its mission to integrate the core assets of the new digital economy into existing financial institutions. Through Valor, DeFi Technologies offers 27 unique ETPs based on 8 of the best performing DeFi tokens. These ETPs include Bitcoin Zero and Ethereum Zero, the only no-fee synthetic cryptocurrency currently in circulation in Europe. Learn more about DeFi Technologies and Valor at defi.tech and valour.com.

Information about DeFi technologies

DeFi Technologies Inc. It is a technology company that bridges the gap between traditional capital markets and decentralized finance. Our goal is to provide investors with access to industry-leading decentralized technologies that we believe are at the heart of the future of finance. On behalf of our shareholders and investors, we identify opportunities and areas of innovation, and build and invest in technologies and startups to provide reliable and diversified exposure across the decentralized financial system. For more information or to sign up to receive the latest corporate and financial information, visit https://defi.tech/.

Information about Valor

Valor Inc. Publicly traded financial products that allow individual and institutional investors to easily and securely invest in breakthrough innovations such as: digital assets for investment. Founded in 2019 and headquartered in Zug, Switzerland, Valor is a wholly owned subsidiary of DeFi Technologies Inc. (NEO: DEFI) (GR: RMJ.F) (OTC: DEFTF) included. For more information about Valor, visit https://valor.com

Information about Seba Bank

Founded in April 2018 and headquartered in Zug, SEBA Bank is a pioneer in the financial industry and the only smart bank offering a comprehensive suite of regulated banking services in the emerging digital economy. In August 2019, SEBA obtained a Swiss banking and securities dealer license and in September 2021 a KAG license – the first time a well-known supervisory authority like FINMA has granted such licenses to a financial service provider with core competency in the digital asset space. In February 2022, SEBA Bank obtained financial services approval from the Abu Dhabi Global Market and opened an office in Abu Dhabi.

The wide and vertically integrated range of services combined with the highest security standards make SEBA Bank’s suite of services unique – which is why the Bank of France chose SEBA to test the integration of the Central Bank Digital Currency (CBDC). CVVC Global Report, LGT Bank launched a collaboration, and CB Insights has recognized SEBA as the top 50 company in the blockchain ecosystem for two consecutive years. Aite Group honored SEBA Bank with the 2021 Digital Wealth Management Impact Innovation Award in the “Digital Startup of the Year” category, in 2022 SEBA Bank won the WealthBriefing Swiss EAM award for excellence in digital asset offering or service, and LinkedIn lists SEBA Bank as one of the Best Startups 2021 in Switzerland.

For more information about SEBA Bank, please visit our website.

About MarketVector Indicators – www.mvis-indices.com

MarketVector Indexes GmbH (MVIS®) develops, monitors and markets MVIS® Indexes, a focused collection of investable indices and investments. With the launch of MVIS® Indices, VanEck has expanded its successful brand of exchange-traded products into indices, and MarketVector’s current portfolio of indices reflects the company’s deep expertise in emerging markets, fixed assets, fixed income and specialized asset classes. Currently, approximately $33.60 billion in assets under management is invested in financial products based on MVIS® indexes. MarketVector Indicators are VanEck® Inc.

Notice regarding forward-looking information:

This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, among other things, inclusion in the SVMETA Index, investor interest in Valor’s ETPs, geographic coverage and additional listings of Valor’s ETP offerings, the regulatory environment relating to the growth and adoption of decentralized finance products, and the pursuit of business opportunities by DeFi Technologies and its affiliates. and the advantages or potential returns of these opportunities. In general, forward-looking information can be qualified through use of forward-looking terms such as “plans,” “expects,” “does not expect,” “expects,” “budgets,” “intended,” “estimates,” “forecasts,” or “forward-looking information.” intends, anticipates, does not expect, believes, or various forms of which words and phrases are recognized or implyed, some action, event or outcome “may,” “could,” “will occur,” “will occur,” or come true.” Forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause the Company’s actual results, level of activity, performance or success to differ materially from those expressed or implied by such forward-looking information. These risks, uncertainties and other factors include, but are not limited to, acceptance of Valor ETPs by exchanges, including NGM, Frankfurt and Euronext; Partnership with SEBA Bank and MVIS; investor demand for DeFi Technologies and Valor products; The growth and development of the DeFi and cryptocurrency sector; Rules and regulations related to DeFi and cryptocurrency; Public business, economic, competitive, political and social uncertainty. Although the Company has attempted to identify significant factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to appear as expected, estimated or intended. There can be no assurance that such information will prove to be accurate because actual results and future events could differ materially from those projected in such statements. Accordingly, readers should not rely excessively on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Investor Relations: Dave Gentry, RedChip Companies Inc.1-800-RED-CHIP (733-2447), 407-491-4498, [email protected]; PR, Wachsman PR, [email protected]

Original content by: DeFi Technologies, Inc. , transmitted by aktuell . news

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