DeFi Technologies' Wholly Owned Valour, Signs LOI with Arcane Crypto to List an Exchange-Traded Product.
NEO: DEFI
GR: RMJR
OTC: DEFTF
DeFi Technologies Inc., announces that its wholly owned subsidiary, Valour Structured Products, has today signed a Letter of Intent with Arcane Crypto's wholly owned subsidiary Arcane Assets AS with the intention to explore the issuance and listing of an Exchange-Traded Product based on Arcane's cryptocurrency fund.
The ETP would be the first to have a cryptocurrency fund as an underlying asset and the market provides exciting expansion possibilities for both the Arcane Fund and Valour.
Torbjørn Bull Jenssen CEO of Arcane Crypto AS said of the partnership "Valour has successfully launched several ETPs tracking cryptocurrencies in the past and is an ideal partner for us. By joining forces, our intention is to bring a truly new and innovative product to market, lowering the frictions associated with cryptocurrency investments."
Find the release here at: [https://ca.finance.yahoo.com/news/defi-technologies-wholly-owned-subsidiary-113000113.html](https://ca.finance.yahoo.com/news/defi-technologies-wholly-owned-subsidiary-113000113.html)
Stay safe, this is not financial advice!!
https://www.reddit.com/r/StockMarket/comments/o14y9h/defi_technologies_wholly_owned_valour_signs_loi/
