Digital asset investment company DeFi Technologies Inc (OTCMKTS:DEFTF) did not have a particularly great start to the new week and saw its stock decline by as much as 4% on Monday.
The company, which is primarily involved in closing the gap between the capital markets and decentralised finance, announced on Monday that it had been one of the features in a broadcast on NetworkNewsAudio. It was a significant development for DeFi Technologies considering the fact that publicity for an emerging company is a positive. Being featured in a broadcast from NetworkNewsAudio is particularly important due to its popularity in the investment community.
NetworkNewsAudio is best known for enhancing visibility, brand awareness and recognition of a company within those who are involved in the investment industry. The feature on NetworkNewsAudio was related to the recent happenings at DeFi Technologies subsidiary company Valour Inc.
Not too long ago, Valour had announced that it was going to have its ETPs or Exchange Traded Products on the Frankfurt Stock Exchange. That was a major announcement from the company considering the fact that the Frankfurt Stock Exchange is one of the biggest stock exchanges in the world. It will be interesting to see if the DeFi stock can mount a recovery today.
