DeFi Technologies, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
DeFi Technologies, Inc. - overview
Established
2020
Location
Toronto, ON, Canada
Primary Industry
Financial Services
About
DeFi Technologies, Inc. is a Toronto-based firm specializing in institutional-grade exposure to a diverse range of digital assets, providing innovative financial solutions for investors in decentralized finance and Web3 technologies. Founded in 2020, DeFi Technologies operates out of Toronto, Canada, focusing on offering institutional-grade digital asset solutions. The company was established by Faizel Abrahams, who has a background in founding other companies in the financial sector.
DeFi Technologies has raised funds through several financing rounds, with their latest funding supporting their ongoing initiatives. DeFi Technologies specializes in providing institutional-grade exposure to a diverse range of over sixty-five innovative digital assets through Exchange-Traded Products (ETPs) and integrated trading infrastructure. Their core offerings include regulated ETPs that facilitate simple, secure access to digital assets, positioning themselves as an attractive solution for traditional investors seeking exposure to decentralized finance (DeFi) and Web3 technologies. Valour, a key subsidiary, markets these ETPs through established banks and brokers across European markets, enabling investors to engage in the digital asset space without the complexities typically associated with cryptocurrency wallets or accounts.
The company also operates DEFI Ventures, which focuses on investing in and incubating promising blockchain protocols and applications, thereby driving innovations for a decentralized financial ecosystem. Their comprehensive business model targets institutional and retail clients who are interested in diversifying their portfolios with blockchain-based assets while adhering to regulatory compliance. DeFi Technologies generates revenue primarily through the management of its digital asset ETPs and the investment activities of DEFI Ventures. Transactions occur as clients purchase shares of these ETPs through traditional financial institutions, allowing for seamless access to a range of digital assets.
Revenue streams are bolstered by management fees associated with the assets under management (AUM) in their ETP products. Specific pricing structures for investments are tied to the performance and costs associated with the assets included in each ETP. The performance-driven nature of these products aims to attract both institutional and retail investors looking for secure and regulated exposure to the rapidly evolving digital asset markets. This model not only supports direct transactions with clients but also fosters strategic partnerships with banks and brokers, enhancing the company's reach across European financial markets.
DeFi Technologies is focused on developing new products aimed at enhancing its digital asset offerings, with plans to launch additional ETPs targeting specific market needs by the end of 2024. The company also aims to expand its presence into the Asian markets, particularly in Singapore and Hong Kong, by mid-2025. Recent funding will be utilized to support these initiatives, enabling further product development and market entry strategies.
Primary Industry
Financial Services
Sub Industries
Financial Services
Website
www.defi.tech
Verticals
Blockchain
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.