Toronto-based fintech company, DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTCMKTS: DEFTF) now features in the MVIS Global Digital Assets Equity Index and VanEck Digital Transformation ETF (NASDAQ: DAPP).
Announced on Monday, the VanEck digital transformation ETF tracks the MVIS Global Digital Assets Equity Index. These offerings provide exposure to various exchanges, miners, infrastructure companies and other firms in the digital asset innovation space.
Furthermore, a few of the notable companies include Strategy (NASDAQ: MSTR), Coinbase Global Inc (NASDAQ: COIN), and Mara Holdings (NASDAQ: MARA).
“Our inclusion in the VanEck Digital Transformation ETF and MVIS Global Index validates the significant strides we’ve made in bridging traditional financial markets with digital assets,” said Olivier Roussy Newton, CEO of DeFi Technologies. “We are honoured to join this select group of forward-thinking companies and look forward to continuing to deliver value to our investors by executing on our growth strategy, which will inevitably result in more index inclusions.”
Additionally, DeFi Technologies recently joined the MSCI Canada Small Cap Index. This milestone shows major institutions’ growing recognition and acceptance of the company’s diverse, profitable, and rapidly expanding business model.
DeFi Technologies Inc. is a Canadian financial technology company that bridges traditional capital markets with decentralized finance.
Furthermore, through its subsidiaries, Valour Inc. and Valour Digital Securities Limited, DeFi Technologies issues exchange-traded products (ETPs) that provide investors with exposure to digital assets like Bitcoin via traditional bank accounts.
Read more: Gamestop goes all-in on crypto and Bitcoin investments
Read more: CleanSpark joins S&P SmallCap 600 Index
The company invests in early-stage ventures in digital assets
These subsidiaries issue ETPs that track cryptocurrencies like Bitcoin and Ethereum. ETP’s allow investors to gain exposure via regulated stock exchanges without directly holding digital assets. These products function like traditional exchange-traded funds (ETFs). They offer liquidity, security, and compliance while eliminating the complexities of self-custody and direct blockchain interactions.
The company also participates in decentralized blockchain networks by processing data transactions, contributing to network security and stability. It also invests in early-stage ventures within the digital asset space, and operates a specialized arbitrage trading desk based in Switzerland.
VanEck is a leading investment management firm that manages over USD$113.8 billion in assets. It’s headquartered in New York and also ranks among the world’s largest investment managers.
As a VanEck subsidiary, MVIS develops, monitors, and markets indexes under the MarketVector, MVIS, and BlueStar brands. Furthermore, its indexes collectively support approximately USD$28.76 billion in assets under management, according to recent reports. The MVIS Global Digital Assets Equity Index also serves as a specialized benchmark, tracking companies directly engaged in the digital assets sector.
