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DeFi Technologies Is Earning Big Revenue From Crypto Volatility

July 15, 2024
x min read

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

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