DeFi Technologies Subsidiary Valour Inc. Launches World's First Yield Bearing Bitcoin (BTC) ETP in Collaboration with Core Foundation, Offering Investors Exposure to Bitcoin with a 5.65% Yield

• Launch of World's First Yield-Bearing Bitcoin (BTC) ETP: Valour Inc. and Core Foundation collaborate to introduce the world's first yield-bearing Bitcoin (BTC) ETP on the Nordic Growth Market (NGM) exchange with a 1.9% management fee, offering investors exposure to Bitcoin with a 5.65% yield.
  
  
• Powering Valour Bitcoin Staking (BTC) SEK ETP with Core Blockchain: The Core blockchain network, powered by Bitcoin, forms the foundation for Valour Bitcoin Staking (BTC) SEK ETP (ISIN: CH1213604536), providing Ethereum Virtual Machine (EVM) compatibility and the innovative Satoshi Plus consensus mechanism to enhance security and scalability.
  
  
• Simplified Investment with Valour Bitcoin Staking (BTC) SEK ETP: Valour Bitcoin Staking (BTC) SEK ETP streamlines Bitcoin investment by delegating Bitcoins to Core validators, the yield is attributed to the Net Asset Value (NAV) on a daily basis. This innovative product ensures custodial control and security while offering investors substantial yield without requiring them to sell or trade their Bitcoin holdings.
  

TORONTO, May 15, 2024 (GLOBE NEWSWIRE) -- DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi”), is pleased to announce that its subsidiary Valour Inc. ("Valour"), a leading issuer of exchange traded products ("ETPs") that provide simplified access to digital assets, has launched the world's first yield-bearing Bitcoin (BTC) ETP in collaboration with the Core Foundation, an organization dedicated to the development of the Core blockchain network ("Core Chain"). This offering provides investors exposure to Bitcoin with a 5.65% yield on the Nordic Growth Market (NGM) exchange.

The Core blockchain network is a Bitcoin-powered layer-one blockchain for EVM-Compatible smart contracts. With 50% of Bitcoin mining hash power contributing to Core's security in exchange for unlocking Bitcoin utility and rewards, Core Chain is the most Bitcoin-aligned EVM blockchain (BTCfi, Bitcoin staking, and more).

Trading of the Valour Bitcoin Staking (BTC) SEK ETP (ISIN: CH1213604536) commenced on May 10, 2024 with a 1.9% management fee, marking a historic moment as the world's first-of-its-kind Yield Bearing Bitcoin ETP. This innovative offering allows investors to gain exposure to Bitcoin while receiving a remarkable 5.65% yield, all without the need to sell or trade Bitcoin directly.