DeFi Technologies (TSE:DEFI) has released an update.
DeFi Technologies’ innovative new business line, DeFi Alpha, has demonstrated a strong market entry by generating C$113.8 million (US$83.4 million) in Q2 through low-risk arbitrage trades in the cryptocurrency market. The DeFi Alpha desk leverages algorithmic strategies to capitalize on pricing inefficiencies, further bolstering the company’s existing digital asset management and venture investment services. This strategic expansion underscores the company’s commitment to bridging traditional financial markets with decentralized finance (DeFi).
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