Valor Inc.: Debt Free! Financial freedom for growth and innovation

Valor Inc.: Debt Free! Financial freedom for growth and innovation

TORONTO (ots/PRNewswire)– Another big step for Valor Inc.! The Company paid off all of its outstanding debt of C$5.5 million (US$4 million) on October 16, 2024, paving the way for a bright future. This immense repayment represents a milestone in the financial stability and growth of the company, which is focused on the booming digital assets market.

Valour, as a subsidiary of DeFi Technologies, has significantly strengthened its balance sheet with this repayment without raising new equity or additional debt. A masterpiece of financial management that puts Valor in an enviably strong position! Now the company can concentrate its resources fully on innovation and expansion into new product areas and markets.

Important financial success

This debt reduction not only maximizes Valour's financial agility, but also increases its earnings potential. While Valor is now debt-free, DeFi Technologies still has a remaining $8.3 million ($6 million) loan with Genesis Global Capital LLC, which is expected to be discharged following the completion of Genesis' bankruptcy proceedings. Another step towards financial perfection!

“The ongoing debt repayment is a testament to Valour’s financial discipline and our commitment to sustainable growth in the digital assets sector,” said Olivier Roussy Newton, Managing Director of DeFi Technologies. This repayment not only reaffirms Valour's position as a leading solutions provider in the digital investment sector, but also offers the opportunity to conquer new markets and offer unique products.