Valor Inc. Provides Updates on AUM, Net Sales and Other Company News for the Month Ending October 2022


  • For the month ending October 22, Valor’s total assets under management (AUM) was $112.85 millionwith net sales increasing to $339 million.

TORONTO, November 3, 2022 /PRNewswire/ – Valor Inc. (the “Company” Where “Value“) (NEO:DEFI) (GR:RMJR) (OTC:DEFTF), a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralized finance, is pleased to share updates on assets under management, net sales of its Exchange Traded Products (“AND P“) and other company news for the month ending October 2022.

For the month ending October 22, Valor’s total assets under management (AUM) was $112.85 millionwith net sales increasing to $339 million. These numbers indicate strong interest in Valor’s line of exchange-traded products and continued growth across the board.

The launch of Valour’s 12th ETP, the Valor Digital Asset Basket 10 (VDAB10), along with Valor’s recent filing of a new EU-based prospectus reflect the company’s unchallenged determination to connect traditional financial markets to the decentralized finance and Web3.

“Despite the current macro trends, Valor is committed to innovating and launching exciting products while continuing to see a net influx of sales,” the CEO said. Olivier Roussy Newton. “We are well positioned for the next bull cycle considering that our net sales amounted to $289 million in November 2021 where our AUM was at a peak of $374 million compared to today where we added approx. $50 million in net sales. I am confident that we will continue to see positive reception for our products as we grow our sales efforts in the DACH region, which include strategic partnerships that will drive our sales and AUMs up – once we see asset prices. bounce. »

In other corporate news, October saw several significant developments, including the strategic appointment of Olivier Roussy Newton as CEO of the company, launching Valour’s first multi-asset ETP and confirming Valor’s action on forked assets following the Ethereum merge. More details are below.

Valor Inc. has announced the filing of a new EU-Base prospectus covering digital asset exchange-traded products (ETPs) with the Swedish regulator, SFSA. If approved, the prospectus will allow Valor to enhance its offering of digital asset performance tracking securities, including new index solutions, asset class combinations and derivative features. Thus, Valor will qualify to offer a wide range of ETP securities in the future, combining exposure to digital assets with other asset classes such as equities and commodities, third-party fund performance and tools. derivatives, for example leveraged or capital protection investments.

Valor Inc. has confirmed the consolidation of its full prorated ETHW allocation received following the ETHPoW fork. The proceeds of the sale were reinvested in the underlying asset of Valour’s Ethereum Products without a certificate, namely the native ETH of the improved Proof-of-Stake (tag) chain. The change resulted in an adjustment to the NAV (net asset value) of Valor Ethereum Zero certificate (denominated in SEK and EUR), updated on October 19, 2022.

Valor Inc. announced the launch of its first multi-asset exchange-traded product (ETP). Currently available on the Börse Frankfurt stock market, the Valor Digital Asset Basket 10 (VDAB10) index tracks the performance of the 10 largest crypto assets based on market capitalization, with a maximum portfolio allocation of 30% per constituent. Having partnered with industry-leading index provider Vinter for basket product structuring, Valour’s 12th ETP enables retail and institutional investors to gain reliable and diversified exposure to rapid growth. crypto space. The latest launch marks the company’s determination to pursue its mission of bridging the gap between traditional capital markets, Web3 and decentralized finance, undeterred by current market conditions.

Valor Inc. announced the appointment of Olivier Roussy Newton as CEO. This strategic appointment will see Olivier lead the company’s growth trajectory, increase its reach and establish new partnerships to align the company’s global corporate governance initiatives. As co-founder of Valour, Mr. Roussy Newton brings extensive experience to the role having previously founded and served as Chairman of the first publicly traded company crypto miner, HIVE Blockchain Technologies (NASDAQ:HIVE), in addition to serving on the board of directors of SEBA Bank AG and acting as a partner in Latent Capital, an investment fund focused on advanced technologies in the quantum computing, finance and bioinformatics. Meanwhile, the Executive Chairman, Russell Starr took over the role of Head of Capital Markets, using his deep capital markets and industry expertise to strengthen the company’s presence in North Americahaving overseen Valor’s advancement on European exchanges and the expansion of the company’s ETP offerings during his tenure as CEO.

The Company also announces that Mr. Johan Wattenstrom has resigned as the Company’s Chief Operating Officer to focus his efforts on the development of Valor Inc. (Cayman) (“Value Cayman’s“) FTE offerings. Mr. Wattenstrom remains a director of Valor Cayman, and the board and management value Mr. Wattenstrom’s contributions as the company’s chief operating officer looks forward to continuing to work with Mr Wattenstrom.

Valor offers fully hedged digital asset ETPs with low or no management fees, with product listings on European stock exchanges, banks and brokerage platforms. Valor’s existing product line includes Valor Uniswap (United), Gimbal (ADA), Spotted (POINT), Solana (FLOOR), Avalanche (AVAX), Cosmos (ATOM), Binance (BNB), Enjin (ENJ), Value Bitcoin carbon neutraland Valor Digital Asset Basket 10 (VDAB10) ETP with low management fees. Valor’s flagship products are Bitcoin Zero and Ethereum Zero, the first fully hedged passive investment products with Bitcoin (BTC) and Ethereum (ETH) as completely free underlyings.

About Valor

Valor Inc. (NEO:DEFI) (GR:RMJ.F) (OTCQB:DEFTF) is a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets and decentralized finance. Founded in 2019, Valor is backed by a recognized and pioneering team with decades of experience in financial markets and digital assets. Valour’s mission is to expand investor access to industry-leading Web3 and decentralized technologies. This allows investors to access the future of finance via regulated stock exchanges using their traditional bank account and access.

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, interest in the Company’s ETP products; expectations regarding sales and assets under management; the regulatory environment regarding the growth and adoption of decentralized finance; appointment and resignation of managers; the pursuit by Valor and its subsidiaries of business opportunities; and the potential merits or returns of such opportunities. 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, are materially different from those expressed or implied by such forward-looking information. These risks, uncertainties and other factors include, but are not limited to, the acceptance of Valor exchange-traded products by stock exchanges; growth and development of DeFi and cryptocurrency sector; rules and regulations regarding DeFi and cryptocurrency; general business, economic, competitive, political and social uncertainties. 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.

Valor, Inc. (CNW Group/Valour, Inc.)

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SOURCE Value, Inc.

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