DeFi Technologies Subsidiary Achieves Debt-Free Status in Strategic Financial Overhaul

In a significant financial development, Valour Inc., a subsidiary of DeFi Technologies, has successfully eliminated its entire debt burden. The milestone was reached on October 16 with a final payment of CAD $5.5 million (USD $4 million), marking a pivotal moment for the parent company’s stock performance and strategic positioning.

Chief Executive Officer Olivier Roussy Newton emphasized the transformative nature of this achievement. The elimination of Valour’s debt obligations enables immediate redirection of capital toward expansion initiatives within the competitive digital asset sector. Rather than allocating funds to interest payments, resources can now flow directly into product development and market expansion strategies.

This financial restructuring was accomplished without requiring Read more...