Today’s episode - Unprecedented Growth

• Update on DeFi Technologies

• Please support our sponsors. We will not waste your click!

• If you enjoy this newsletter, please consider sharing it with your friends and business contacts by clicking the button below. ⬇️ 

  Share the newsletter

Good day! ✋ 

DeFi Technologies isn't just riding the crypto wave—they're creating it. With record-breaking Q2 results and a string of strategic launches, this financial innovator is proving that the future of finance is here and decentralized.

Why upgrade to Premium for the IWA Portfolio?

Limited Trial Ongoing!

Smart investing isn't about reinventing the wheel but learning from those who've already found success.

The Investing Wise Academy Portfolios offer you more than just a list of stocks. They provide:

• Proven Strategies: Gain insights into the decision-making process behind our carefully curated stock selections. Understand why we choose certain stocks, how we balance risk and reward, and how we adapt to market changes.

• Long-Term Vision: Our focus on long-term investments means you'll get a portfolio built for sustainable growth, not short-term gains. Learn to cultivate patience and discipline, essential traits of successful investors.

• Diversification Made Easy: Whether you're interested in high-growth potential, steady dividends, or a blend of both, our three portfolios provide diversified options tailored to your risk appetite and investment goals.

• Daily Trades Access: Witness our strategies in action with daily trade updates.

Upgrading to Premium isn't just about accessing a portfolio. It's about gaining a proven roadmap to financial success. Learn from our experience, accelerate your investment journey, and build a portfolio that reflects your long-term goals.

Don't miss this opportunity. Sign up now and make informed investment decisions!

Defi Technologies Soars to New Heights: Record-Breaking Q2 2024

Unprecedented Financial Performance and Strategic Milestones Drive DeFi Technologies Forward

DeFi Technologies Inc., a leading financial technology company bridging the gap between traditional capital markets and decentralized finance, has announced its Q2 2024 financial results, marking its strongest quarter.

Financial Highlights

DeFi Technologies' financial performance in Q2 2024 was nothing short of remarkable. Total revenues soared to a record-breaking C$133.2 million (US$98.0 million), a significant leap from the same period in 2023. This robust revenue growth translated into a net income of C$90.4 million (US$66.5 million), underscoring the company's strong profitability. Assets under management also experienced a remarkable surge, growing by 43.7% since the end of 2023 to reach C$730.1 million (US$533.4 million) as of June 30, 2024, and further climbing to C$837 million (US$610 million) by July 31, 2024. The company's financial strength is further evidenced by its solid cash position of C$19.5 million (US$14.2 million) at the end of Q2 2024, supplemented by significant holdings in USDT and BTC. Additionally, DeFi Technologies has strategically expanded its digital asset treasury, which now includes a diverse range of cryptocurrencies, further solidifying its position in the digital asset space.

Strategic Advancements

On the strategic front, the company has made significant strides. Valour Inc., a subsidiary of DeFi Technologies, introduced multiple Exchange Traded Products (ETPs) during the quarter, expanding its product offerings and market reach. These include innovative products like a Short Spot Bitcoin ETP, the world's first CORE ETP, and yield-bearing Bitcoin ETP. The DeFi Alpha arbitrage trading desk also proved to be a major success, generating over $111.5 Million (US$82 Million) in Q2 2024. Furthermore, the company expanded its presence in the Middle East by launching a trading desk in the UAE and demonstrating its commitment to the Core chain by launching a validator node.

2024 Outlook

Defi Technologies projects its annualized revenues for fiscal 2024 to reach approximately C$179 million (US$131 million), driven by continued AUM growth, upcoming ETP launches, and the integration of new acquisitions. The company remains optimistic about the future and is well-positioned to capitalize on the favorable conditions in the digital asset sector.

CEO's Perspective

Olivier Roussy Newton, CEO of DeFi Technologies, expressed his enthusiasm about the company's exceptional performance, stating, "Q2 2024 represents a transformative period for DeFi Technologies, setting new benchmarks for financial performance and strategic growth... Moving forward, we remain focused on capitalizing on the growing opportunities within the digital asset sector, ensuring that DeFi Technologies remains at the forefront of financial innovation and continues to leverage our digital asset treasury and initiatives like DeFi Alpha to maximize returns and support the broader ecosystem." 

Stock Performance

DeFi Technologies' (DEFTF) recent stock performance further underscores the company's positive momentum. After a slight dip in mid-August, the stock has shown resilience, with a closing price of $2.08 on August 23, 2024. This represents a notable increase from its opening price of $1.94 on the same day, suggesting growing investor confidence in the company's prospects. The trading volume also significantly surged, reaching 1,169,900 shares on August 23rd.

This upward trajectory in stock price aligns with the company's strong Q2 2024 results and strategic initiatives. As DeFi Technologies continues executing its growth strategy and expanding its presence in the digital asset market, investors will likely remain bullish on the stock, potentially driving further price appreciation in the coming months.

Defi Technologies' remarkable Q2 2024 results demonstrate the company's ability to innovate, adapt, and thrive in the rapidly evolving digital asset landscape. With its strong financial performance, strategic advancements, and a clear vision for the future, DeFi Technologies is poised to continue its impressive growth trajectory and deliver long-term value to its shareholders. The recent stock performance further validates the company's positive outlook, suggesting that investors recognize its potential and are optimistic about its future.

As the company continues to bridge the gap between traditional capital markets and decentralized finance, it remains a crucial player to watch in the exciting world of Web3 and digital assets. Defi Technologies' success story inspires those seeking to navigate the complexities of this emerging market and capitalize on its opportunities. With its commitment to innovation, strategic vision, and strong financial foundation, DeFi Technologies is well-equipped to shape finance's future.

Disclaimer:

• This newsletter is for informational purposes only and does not constitute financial advice.

• Investing in the stock market involves risks, and past performance does not indicate future results.  

• Please research and consult with a financial advisor before making any investment decisions.  

The DEFTF stock is part of our FinTech 2.0 Portfolio, and we added it to our DeFi stock holdings on June 10, 2024, at $1.60. This stock is a part of our long-term strategy, and we expect it to continue gaining momentum. Many analysts consider DeFi stock to be undervalued, and even at its current stock price, it's considered to be at a discount.

Remember, investing is a journey, not a sprint. While August and September may present challenges, they're also rife with opportunities for those willing to do their homework. Keep your eyes on the horizon, stay informed, and never stop learning.

If you find this review helpful, you might also find our IWA portfolio useful. If you're interested in ETFs, take the first step towards a safer and more profitable investment journey by checking out our IWA portfolio today. ⬇️.

IWA PORTFOLIO

The IWA Portfolio is only available to Premium Subscribers.

IWA Quality Growth Stocks Portfolio

Return YTD 20.96% ➡️ 21.83%

Return 2Y 82.98% ➡️ 84.3%

Profitable Weeks 55.36%

IWA Quality ETF Portfolio

It’s one of the newest portfolios, having just celebrated its first anniversary. We are pleased with its progress, as it's safe, reliable, and stable.

Return YTD 17.17% ➡️ 18.64%

Return 2Y 51.37% ➡️ 53.27%

Profitable Weeks 60.71%

IWA High Dividend Portfolio

I am immensely proud of my holdings, which have grown from a small investment into a strong portfolio of 40 reliable stocks spanning stable industries, focusing on quality dividend growth.

Return YTD 12.12% ➡️ 13.26%

Return 2Y 16.21% ➡️ 17.39%

Profitable Weeks 57.14%

Portfolio Indicated Dividend Yield 2.66%

Upgrade to Investing Wise Academy Premium to get hold of our stocks!

Paying the bills

Our newsletter is powered by #beehiiv, which partners with trustworthy and high-quality advertisers. We receive payment from the advertisers for each verified click. You may find something valuable by clicking to explore the products or services being promoted. When you click, not only do you have the opportunity to benefit from the ads, but you also help support our efforts to improve our newsletter for you as our readers or listeners. All profits are reinvested into growing our newsletter to provide more excellent value. Your genuine engagement with the ads would mean a lot to us.

Today’s sponsors…

That’s it for this episode!

Thank you so much for reading today’s email! Your support is the only way I can write this email for free daily.

Kindly give us feedback in the poll below and share the newsletter with other investors if you find it valuable!

Remember: Investing is a journey, not a destination. It's about making informed decisions, managing risk, and staying committed to your long-term goals. So, take the time to research, experiment, and find the perfect recipe for your balanced portfolio.

Cheers to wealth, wisdom, and a dash of madness!

The Investing Wise Academy Team

Disclaimer: This newsletter is for informational purposes only and should not be considered financial advice. Please consult with a financial advisor before making any investment decisions.