DeFi Technologies follows Coinbase and other market makers in joining the DeFi Alliance
TORONTO, August 24, 2021 /PRNewswire/ – DeFi Technologies Inc. (the “Company” 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 offers mentorship and a funding for early-stage technology teams working in the $70 billion decentralized finance (“ChallengeOther members of the 150+ company alliance include Coinbase, Jump Capital, CMT Digital, Cumberland DRW, among others.
The partnership with the DeFi Alliance does not involve 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 mentorship, investment, and other forms of support to early-stage startups that follow the DeFi Alliance acceleration programs. This will present new opportunities for new professions to be developed by the Company.
Wouter WitvoetDeFi Technologies Chief Executive Officer said: “Joining the DeFi Alliance gives us another route to early-stage DeFi projects that we can partner with as they grow their business. incubated a number of well-known projects and we look forward to providing the public market with exposure to other DeFi startups that will one day be world-renowned.”
Jacob FrankDeFi Alliance partner, said, “We are excited to have DeFi Technologies join the Alliance and look forward to their contributions to our ecosystem and the dissemination of additional knowledge and information on decentralized finance in the public markets.”
About the DeFi Alliance:
The DeFi Alliance is the leading decentralized finance accelerator. We help startups find liquidity and support from an extensive industry network – the DeFi Alliance Network – which includes trading companies, founders and investors. Together, we will take DeFi to one billion users by 2025. For more information, visit https://www.defialliance.co/
About DeFi Technologies:
DeFi Technologies Inc. is a Canada-based company that operates with the objective of increasing shareholder value by creating and managing assets in the decentralized finance sector. 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, but is not limited to, statements regarding participation in the DeFi Alliance; the Company’s acquisition and investment plans; the decentralized finance industry and the potential merits or returns of 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 planned”, “budget”, “expects”, “estimates”, “plans”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or states that certain actions, events or results “may”, “could”, “would”, “could” or “will be taken”, “will occur” or “will be carried out”. 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 applicable, to differ materially from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be those anticipated, estimated or expected. 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 EXCHANGE ACCEPTS NO RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE DeFi Technologies, Inc.