The prices of digital assets have been experiencing extreme volatility of late. But, there’s a publicly traded crypto company in Canada who is turning that into a large opportunity.

‍What’s happening:‍

• DeFi Technologies (CBOE: DEFI) has announced they have made $19.1M CAD through multiple new low risk arbitrage trades in the digital asset ecosystem through their newly launched DeFi Alpha trading arm
  

Why it matters:‍

• DeFi Technologies recently launched DeFi Alpha to take advantage of opportunities in digital asset price volatility, which represents their first ever venture into short term trading
  

By the numbers:‍

• Since the initial launch, DeFi Alpha has already generated $133.1M CAD in cash and digital asset equivalents
  

Going deeper:‍

• DeFi Technologies has been making a flurry of moves recently, including buying back their own stock and adopting Bitcoin as a treasury reserve asset for the first time ever
  
• DeFi Technologies also recently launched the world’s first yield generating Bitcoin Exchange Traded Product on the Nordic Growth Market

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