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Home DeFi

DeFi Technologies Announces DTC Eligibility of its Common Shares

admincrypto by admincrypto
December 7, 2021
in DeFi
DeFi Technologies Announces DTC Eligibility of its Common Shares
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TORONTO, Dec. 7, 2021 /PRNewswire/ – DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company bridging the gap between traditional capital markets and decentralized finance, is pleased to announce that DeFi Technologies’ common shares (the “Common Shares“) are now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC“). 

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DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of securities for publicly traded companies in the United States. Securities that are eligible to be electronically cleared and settled through DTC are considered to be “DTC eligible.” DTC eligibility is expected to simplify the process of trading and enhance the liquidity of the Company’s Common Shares in the United States because of the accelerated settlement period and the expected reduction in costs for investors and brokers.

DTC eligibility also enables new investors that may have been previously restricted from trading Common Shares to begin trading and simplifies the process of trading Common Shares in the United States.

About DeFi Technologies:

DeFi Technologies Inc. is a technology company bridging the gap between traditional capital markets and decentralized finance. Our mission is to expand investor access to industry-leading decentralized technologies which we believe lie at the heart of the future of finance. On behalf of our shareholders and investors, we identify opportunities and areas of innovation, and build and invest in new technologies and ventures in order to provide trusted, diversified exposure across the decentralized finance ecosystem. For more information or to subscribe to receive company updates and financial information, visit https://defi.tech/.

Cautionary note regarding forward-looking information: 

This press release contains “forward-looking information” within the meaning of…

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