DeFi Technologies: Valour September AUM Reaches $640.2 Million, Up 61.2% from Q2 End

Golden Finance reported on October 1, citing PR Newswire, that DeFi Technologies (Nasdaq: DEFT) subsidiary Valour's asset management business reached $640.2 million in AUM as of September 25, an increase of approximately $243 million or 61.2% compared to $397.2 million as of June 30. Valour's monthly net inflows remain steady, and the company stated that higher AUM will expand the monetization base for management fees, staking loans, and trading volume. On September 21, Valour launched Valour Funds SPC and its first hedge fund, Smart Crypto Fund SP. As of June 30, the company held approximately $135 million in cash and investments, with no debt.