Sep 8, 2021 DeFi Technologies Inc.

DeFi Technologies’ Wholly Owned Subsidiary Valour Hires Former BlackRock Director as its COO

TORONTO, Sept. 8, 2021 /CNW/ – DeFi Technologies, Inc. (NEO: DEFI)(OTC:DEFTF) (the “Company” or “DeFi Technologies“) announces that its wholly-owned subsidiary, Valour Inc, the pioneering issuer of digital asset exchange-traded products (“ETPs“), has hired Frances Edwards as its chief operating officer from BlackRock.

Working closely with Valour CEO Diana Biggs and other members of the management team, Ms Edwards will assist in leading the firm’s next phase of growth, including its expansion beyond Nordics and into additional European markets.

Previously, she spent more than six years at BlackRock, where she held titles such as director of iShares EMEA ETP engineering and latterly, director, iShares EMEA COO.

Before this, Ms Edwards spent almost four years as director of wealth & retail product structuring at Lloyds Bank and seven years in leadership roles in product management and structuring at Barclays Wealth Management.

Commenting on the hire, Ms Biggs said: “It is extremely exciting to have Frances join our team at Valour.”

“With her deep experience across key areas including strategic business planning, industry engagement, product, risk management and governance in some of the world’s largest wealth management firms, Frances is the ideal person to help drive growth.”

About Valour Inc.

Valour In. issues exchange-listed financial products that enable retail and institutional investors to access investment in disruptive innovations, such as digital assets, in a simple and secure way. Established in 2019 and with offices in Zug, Switzerland, Valour is a wholly-owned subsidiary of DeFi Technologies Inc. (NEO: DEFI, GR: RMJR, OTC: DEFTF). For more information on Valour, visit www.valour.com.

About DeFi Technologies

DeFi Technologies, Inc. (NEO: DEFI)(OTC:DEFTF) is a Canadian company that carries on business with the objective of enhancing shareholder value through building and managing assets in the decentralized finance sector. For more information visit https://defi.tech/

Cautionary note regarding forward-looking information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, the hiring of Ms Edwards; Valour and its business plans; development of the new financial product by Valour; the decentralized finance industry and the merits or potential returns of any such opportunities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited to, the growth and development of the DeFi and cryptocurrency sector, rules and regulation with respect to DeFi, regulatory approval of ETPs and future adoption of Valour’s ETPs.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

THE NEO STOCK EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE DeFi Technologies, Inc.

Please See Disclaimer

STOCKS YOU MAY LIKE


Disclosure:

1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector.

2) The Article was issued on behalf of and sponsored by, DeFi Technologies Inc. Market Jar Media Inc. has or expects to receive from DeFi Technologies Inc’s Digital Marketing Agency of Record (Native Ads Inc.) two hundred thirty six thousand two hundred and fifty dollars CAD for 23 days (17 business days).

3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy.

4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on MicroSmallCap.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on MicroSmallCap.com.

5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article.

6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding DeFi Technologies Inc.'s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to DeFi Technologies Inc.'s industry; (b) market opportunity; (c) DeFi Technologies Inc.'s business plans and strategies; (d) services that DeFi Technologies Inc. intends to offer; (e) DeFi Technologies Inc.'s milestone projections and targets; (f) DeFi Technologies Inc.'s expectations regarding receipt of approval for regulatory applications; (g) DeFi Technologies Inc.'s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) DeFi Technologies Inc.'s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute DeFi Technologies Inc.'s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) DeFi Technologies Inc.'s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) DeFi Technologies Inc.'s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) DeFi Technologies Inc.'s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of COVID-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of DeFi Technologies Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) DeFi Technologies Inc.'s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises may adversely impact DeFi Technologies Inc.'s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing DeFi Technologies Inc.'s business operations (e) DeFi Technologies Inc. may be unable to implement its growth strategy; and (f) increased competition.

Except as required by law, DeFi Technologies Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does DeFi Technologies Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither DeFi Technologies Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.

7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of DeFi Technologies Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of DeFi Technologies Inc. or such entities and are not necessarily indicative of future performance of DeFi Technologies Inc. or such entities.