Record AUM Growth and Strategic …
Release Date: March 31, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
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DeFi Technologies Inc (DEFTF) reported a significant increase in assets under management (AUM), growing by 132% since December 2023 to approximately CAD 11.18 billion.
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The company achieved a strong financial performance in 2024, with adjusted net revenue of CAD 204.3 million and earnings per share of CAD 0.39.
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DeFi Technologies Inc (DEFTF) has expanded its product offerings, launching 20 new exchange-traded products (ETPs) in November, contributing to a diversified revenue model.
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The company has successfully acquired a majority stake in Neuronomics, a Swiss AI and asset management firm, enhancing its capabilities in AI-driven strategies.
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DeFi Technologies Inc (DEFTF) is actively pursuing global expansion, with strategic partnerships and MOUs in regions like Africa, Asia, and the Middle East to list its ETPs.
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The company’s expansion into new markets is subject to regulatory approvals, which can be a lengthy and uncertain process.
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Despite the positive financial performance, the company faces challenges in accurately forecasting revenue from its DeFi Alpha segment due to market volatility.
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The regulatory environment for digital assets remains complex and evolving, posing potential risks to the company’s operations and growth plans.
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DeFi Technologies Inc (DEFTF) has not yet achieved a listing on the NASDAQ, which is subject to approval and regulatory requirements.
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The company’s reliance on third-party custodians for asset security introduces potential risks, although mitigated by stringent processes.
Q: Is the revenue projection of CAD 227 million for 2025 based on the AUM as of December 31, 2024? A: Yes, the projection is based on the current levels of the crypto market and anticipated growth from new product launches and geographic expansions. The growth in algorithmic strategies and new product launches are key factors in this projection. – Unidentified_3
Q: What is the timeline for launching ETPs in Asia, the Middle East, and Africa? A: We are in the final stages with the Singaporean exchange Asia Next and expect to launch within 30 days. For the Middle East and Africa, we are awaiting regulatory approval and are pushing for progress daily. – Unidentified_2
Q: Can you discuss the custody risk of asset tokens and cybersecurity measures? A: We use a shortlist of reputable custodians like Copper, Anchorage Bank, and Bitco. We have a robust process for onboarding new custody solutions and do not lend tokens, keeping them with our custodians. Our tech team manages our validators, enhancing security and monetization rates. – Unidentified_3