Crypto ETP issuer Valour completes $2.16 million in private financing round

Decentralized finance investment company DeFi Technologies announced that its wholly-owned subsidiary Valour has completed a CAD 3 million (approximately USD 2.16 million) private placement financing through an unsecured convertible note. The related financing notes issued this time will accrue interest at an annual rate of 8% and will mature on October 31, 2025.
Valour currently offers a variety of cryptocurrency exchange-traded products (ETPs), including Valour Polkadot (DOT) EUR, Valour Cardano (ADA) EUR, Valor Uniswap (UNI), Cardano (ADA), Polkadot (DOT), and Solana (SOL) ETPs, as well as Valour's flagship Bitcoin Zero and Valor Ethereum Zero products.