Defi Technologies Inc 's

Valour operates in the Nordic countries, offering Bitcoin and Ethereum Zero Exchange-Traded Products (ETPs) that track the two largest digital assets by market capitalization with zero management fees. Other products in its portfolio charge management fees of 1.9%, compared to competitors' fees of up to 2.5%. Valour is recognized as a comprehensive provider of crypto ETPs listed in the Nordic region. The company faces competition in the decentralized finance (DeFi) industry from established DeFi protocol trading firms, crypto and traditional venture capitalists, individual angel investors, emerging DeFi companies, mutual funds, investment funds, hedge funds, investment companies, management companies, and other investment vehicles. Some competitors possess greater financial, technical, and other resources. Valour relies on the expertise and network of its management, directors, and employees to maintain its competitive position. Competitors mentioned in filings include Reflexivity Research and Valour.