DeFi Technologies Expands Advisory Services with TenX Protocols Mandate
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DeFi Technologies ( (TSE:DEFI) ) has issued an announcement.
DeFi Technologies has secured its second mandate with TenX Protocols, a digital asset treasury company, through its newly launched DeFi Advisory division. This partnership will see DeFi Technologies providing strategic advisory, trading, and market intelligence services, enhancing its vertically integrated platform and positioning it to capitalize on the growing public digital asset treasury market.
The most recent analyst rating on (TSE:DEFI) stock is a Buy with a C$7.00 price target. To see the full list of analyst forecasts on DeFi Technologies stock, see the TSE:DEFI Stock Forecast page.
Spark’s Take on TSE:DEFI Stock
According to Spark, TipRanks’ AI Analyst, TSE:DEFI is a Neutral.
DeFi Technologies exhibits strong revenue growth and strategic expansions, but faces challenges with profitability, negative cash flow, and valuation issues. Positive sentiment from the earnings call and strategic initiatives are encouraging, yet regulatory hurdles and market dependency remain key risks.
To see Spark’s full report on TSE:DEFI stock, click here.
More about DeFi Technologies
DeFi Technologies Inc. is a financial technology company that bridges the gap between traditional capital markets and decentralized finance (DeFi). The company offers a range of services including digital asset management, trade execution, and corporate advisory, focusing on digital asset and fintech companies.
Average Trading Volume: 455,238
Technical Sentiment Signal: Buy
Current Market Cap: C$51.06M
For an in-depth examination of DEFI stock, go to TipRanks’ Overview page.
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