DeFi Technologies follows Coinbase and other market makers in joining DeFi alliance

TORONTO, August 24, 2021 / CNW / – DeFi Technologies Inc. (the “Society” Where “DeFi Technologies“) (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) announces that it has joined the DeFi Alliance. Launched in early 2020 as the Chicago DeFi Alliance, the group provides mentoring and funding to technology teams in start-up working in the $ 70 billion decentralized finance (“ChallengeOther alliance members of over 150 companies include Coinbase, Jump Capital, CMT Digital, Cumberland DRW, among others.

The partnership with DeFi Alliance does not imply any investment or financial support. To date, DeFi Technologies’ Venture offering has made numerous investments in DeFi startups. With its entry into the DeFi Alliance, the company will provide mentoring, investments and other support to start-ups going through the DeFi Alliance accelerator programs. This will present new opportunities for new businesses to be developed by the Company.

Wouter WitvoetSaid the CEO of DeFi Technologies: “Joining the DeFi Alliance gives us another route to early stage DeFi projects that we can partner with as they grow their business. The community has incubated a number of well-known projects and we look forward to providing public market exposure to other DeFi startups that will one day be world famous. “

Jacob Franek, partner at DeFi Alliance said, “We are delighted that DeFi Technologies is joining the Alliance and look forward to their contributions to our ecosystem and to disseminating more knowledge and insight on decentralized finance to public markets. “

About the DeFi Alliance:
The DeFi Alliance is the first decentralized financial accelerator. We help startups find liquidity and support from a large industry network – the DeFi Alliance Network – which includes companies, founders and investors. Together, we will bring DeFi to one billion users by 2025. For more information, visit https://www.defialliance.co/

About DeFi Technologies:
DeFi Technologies Inc. is a Canadian company that operates with the goal of increasing shareholder value by creating and managing assets in the decentralized finance industry. For more information visit https://defi.tech/

Caution regarding forward-looking information:

This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, without limitation, statements regarding participation in Alliance DeFi; the Company’s acquisition and investment plans; the decentralized finance industry and the merits or potential returns of such opportunities. In general, forward-looking information can be identified by the use of forward-looking terms such as “plans”, “expects” or “does not expect”, “is planned”, “budget”, “planned”, “Estimates”, “anticipates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or declares that certain actions, events or results ” could ”,“ could ”,“ could ”,“ could ”or“ will be taken ”,“ occur ”or“ be reached ”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors which 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 this forward-looking information. Although the Company has attempted to identify important factors which could cause actual results to differ materially from those contained in forward-looking information, other factors may cause results not to be as anticipated, estimated or planned. 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. Therefore, readers should not place undue reliance on forward-looking information. The Company does not undertake to update 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 BROADCAST.

SOURCE DeFi Technologies, Inc.

For further information: Investor Relations: Dave Gentry, RedChip Companies Inc., 1-800-RED-CHIP (733-2447), 407-491-4498, [email protected]; Public Relations: Veronica Welch, VEW Media, [email protected]


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