- Valor, a wholly owned subsidiary of DeFI Technologies, has worked with SEBA Bank and MVIS to launch an investable index of tokens to build for Metaverse SVMETA.
Toronto, May 9, 2022 / PRNewswire /-DeFi Technologies Inc. (“Company” Also “DeFi technology“) (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) is a technology company that bridges the gap between traditional capital markets and decentralized finance, and today announced: Valor Inc. (“”courage“), Its wholly owned subsidiary and pioneer of digital asset exchange trading products (“)ETP“), SEBABank and MarketVectorIndices (“)MVIS “) To start SEBA VALOR Metaverse Index (SVMETA).
The SVMETA Index is an investable index of tokens built for Metaverse, providing exposure to crypto assets related to gaming, entertainment, and social interaction within virtual and augmented reality.
“The Metaverse has incredible potential to change the way we interact with technology and the world around us, just as the Internet changed the same crossroads.” .. Tommy Franson, CEO of Valour. “This product allows people to invest in that potential and participate in the next major technological revolution.”
SVMETA is a rule-based index that covers CCCAGG pricing and is calculated in US dollars as the pricing index. The index is reviewed monthly. More information about the index, including methodological details and index data, is available at the following URL: [LINK]..
“Metaverse is the next iteration of the Internet. It’s a 3D virtual world that allows users to interact with their environment and other Metaverse users. Metaverse is a commercial avatar, apart from its huge entertainment potential. It is expected to create its own ecosystem, which creates incredible investment opportunities, “said Gregory Mall, Head of Investment Solutions at SEBA Bank. “SEBAV Metaverse Index, designed by SEBA Bank in collaboration with MVIS and Valor, provides exposure to digital assets designed to capture the accelerating trends in gaming, entertainment and social interaction moving into virtual environments. SEBAV Configuration The elements include tokens with exposure to the metaverse, selected based on market capital and liquidity. “
With this latest development, DeFi Technologies takes the mission of integrating the underlying assets of the new digital economy into legacy financial institutions. Through Valour, DeFi Technologies offers 27 unique ETPs based on 8 top performing DeFi tokens. These ETPs include Bitcoin Zero and Ethereum Zero. These are the only free synthetic crypto ETPs currently traded in. Europe.. For more information on DeFi Technologies and Valor, please visit: defi.tech When valour.com..
About DeFi technology
DeFi Technologies Inc. is a technology company that bridges the gap between traditional capital markets and decentralized finance. Our mission is to increase investor access to industry-leading decentralized technologies that we believe are at the heart of the future of finance. On behalf of shareholders and investors, we will build and invest in new technologies and ventures to identify innovation opportunities and areas and provide reliable and diverse exposures throughout the decentralized financial ecosystem. To subscribe for more information or to receive company updates and financial information, please visit: https://defi.tech/
About Valor
Valor Inc. publishes exchange-listed financial products that give individual and institutional investors access to investing in disruptive innovations such as digital assets in a simple and secure way. increase. Founded in 2019, it is based in Zug. Switzerland, Valor is a wholly owned subsidiary of DeFi Technologies Inc. (NEO: DEFI) (GR: RMJ.F) (OTC: DEFTF). For more information on Valour, please visit: https://valour.com
About SEBA Bank
Established in April 2018 Headquartered in Zug, SEBA Bank is a pioneer in the financial industry and the only global smart bank offering a completely universal suite of regulated banking services in the emerging digital economy.of August 2019SEBA Bank has licensed Swiss banks and securities dealers. September 2021 CISA Licenses – Reputable regulators such as FINMA have granted such licenses for the first time to financial services providers with the core capabilities of digital assets.of February 2022 SEBA Bank obtained permission for financial services from Abu Dhabi Global Market and opened an office in Abu Dhabi..
Combining a wide range of vertically integrated services with the highest security standards, SEBA Bank’s value proposition is unique. This is the reason for Banquede. France We chose SEBA Bank to test the integration of the Central Bank Digital Currency (CBDC). CVVC Global Report, LGT Bank has begun to collaborate, and CB Insights has named SEBA Bank one of the top 50 companies in the blockchain ecosystem for the second consecutive year. Aite Group awarded SEBA Bank the 2021 Digital Wealth Management Impact Innovation Award in the category of “Digital Startup of the Year”, SEBA Bank received the Wealth Briefing Swiss EAM Award for Excellence in Digital Assets Offering or Service in 2022, and LinkedIn is one of SEBA Bank’s top startups 2021. Switzerland..
For more information on SEBA Bank, please visit: Website..
MarketVector Indexes GmbH (MVIS®) develops, monitors and sells the MVIS® Index, a focused selection of pure and investable indexes. With the introduction of the MVIS® Index, VanEck’s successful brands have expanded from listed trading products to indexes. The current MarketVector Index portfolio reflects the company’s deep expertise in emerging markets, hard assets, fixed income and special asset classes.about US $ 33.60 billion Currently, assets under management are invested in financial products based on the MVIS® index. MarketVectorIndexes is VanEck® Company.
Notes on future prospects:
This press release contains “forward-looking information” in the sense of applicable Canadian securities law. Forward-looking information includes, but is not limited to, a list of SVMETA indexes. Investor interest in Valour’s ETP. Geographical expansion and additional list of Valour’s ETP products. A regulatory environment for the growth and adoption of decentralized finance. Pursuit of business opportunities by DeFi Technologies and its subsidiaries. And the benefits or potential benefits of such an opportunity. In general, forward-looking information refers to forward-looking terms such as “plan,” “expect,” “not expect,” “expected,” “budget,” “plan,” and “estimate.” Can be identified using. “Predict”, “intended”, “expect”, “unexpected”, “believe”, or variations of such words or phrases, or specific actions, events, or results are “potential” , “Possible”, “Possible”, “Possible” or “Take”, “Occurs” or “Achieved”. Information about future prospects is subject to known and unknown risks, uncertainties, and other factors, and our actual results, activity levels, performance, or performance may be expressed or implied by. It can be significantly different from what you are doing. Information about such future prospects. Such risks, uncertainties, and other factors include, but are not limited to, the acceptance of Valor ETP by exchanges, including NGM. Frankfurt And Euronext. Partnership with SEBA Bank and MVIS. Investor demand for DeFi Technologies and Valour products. Growth and development of DeFi and crypto sector. Rules and regulations regarding DeFi and cryptocurrencies. General business, economic, competition, political and social uncertainties. We have attempted to identify key factors that may cause actual performance to differ materially from those contained in forward-looking information, but may cause results to differ from what is expected, estimated or intended. There may be other factors. Actual results and future events may differ materially from those expected in such statements and there is no guarantee that such information will be accurate. Therefore, readers should not place excessive reliance on information about future prospects. We undertake no commitment to update forward-looking information except in accordance with applicable securities law.
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Source DeFi Technologies, Inc.
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