$DEFT just listed on Nasdaq. It’s led by the founders of Hive Digital and XBT Provider - the team behind the world’s first Bitcoin ETP. The stock is still under the radar, but that’s where the opportunity lies. Unlike most crypto names,
$DEFT is profitable, cash-flowing, and diversified. (I partnered with
@DefiTechGlobal to share this)
Their core business,
@ValourFunds, is a scalable ETP issuer with 60 crypto products and $1B AUM across Europe - and they’re expanding globally. They also hold ~$60M in cash and digital assets (200 BTC), a $40M VC portfolio, and run an Alpha trading desk that generated $22M profit in May and $100M in 2024.
In addition to their core business and venture book, they have a potential moonshot in
@digitalstillman $DEFT’s newly acquired OTC desk - which just hit $150M in daily volume. They’re riding the wave of institutional stablecoin and BTC demand. Annualized, that’s a 9-figure revenue opportunity.
Founder-led. Profitable. Trading at a fraction of comps.
$DEFT is still early.