DeFi Technologies and Professional Capital Management to Enter U.S. ETF Market

DeFi Technologies Inc. and Professional Capital Management, led by Anthony Pompliano, have announced a partnership to capitalize on the U.S. exchange-traded fund (ETF) market. The collaboration aims to combine DeFi Technologies' expertise in digital asset exchange-traded products (ETPs) with Professional Capital Management's success in building profitable ventures and media reach.

ETFs have seen significant growth in the asset management industry. As of early 2024, U.S.-listed ETFs have assets surpassing $7.5 trillion, growing at a compound annual growth rate (CAGR) of approximately 15% since 2010. This growth rate is nearly three times that of traditional mutual funds.

Anthony Pompliano highlighted the transformative potential of ETFs, emphasizing the partnership's goal to innovate ETF products and meet the growing demand for active and alternative investment strategies. DeFi Technologies, through its subsidiary Valour Inc., brings a wealth of experience in digital asset ETPs to the joint venture.

This partnership represents a strategic step for DeFi Technologies in expanding their presence in the U.S. ETF market by leveraging Valour's regulatory expertise and product development capabilities.