DeFi Technologies announces Valour's second quarter financial report: Assets under management break through 600 million US dollars, holding 204.34 BTC
DeFi Technologies announced Valour's second quarter financial report, with a current cash balance of approximately 56.2 million Canadian dollars (40.9 million US dollars), and current payable loans of about 17.9 million Canadian dollars (13 million US dollars). In addition, the company has purchased and holds 204.34 BTC, and diversified its funds by acquiring 12,775 SOL tokens and 1,484,148 CORE tokens for a total amount of 20.7 million Canadian dollars (15.1 million US dollars) as of August 7th,2024 . As of July 31st ,2024 , Valour reported that its assets under management were CAD $837 Million ($609 Million USD), an increase of 64% so far this year.The top five assets in terms of net inflows are: -Valour Solana SEK: CAD $3.1 Million ($2.3 Million USD); -Valour XRP SEK: CAD $1.4 Million ($1.07 Million USD); -Valour BTC Zero SEK: CAD $1.2 Million ($938363 USD); -Valour Avalanche AVAX SEK: CAD $1.1Million ($802314USD); -Valour NEAR SEK :CAD$724627 ($527322USD).
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