Key Points
- DeFi Technologies Inc is set to launch its CoreFi Strategy, aimed at boosting Bitcoin exposure.
- The strategy is inspired by companies like MicroStrategy Inc and will launch on a Canadian stock exchange by March 2025.
DeFi Technologies Inc, a Canada-based firm focusing on exchange-traded products (ETPs), has hinted at the launch of its CoreFi Strategy. This new investment venture aims to offer investors enhanced and distinct exposure to Bitcoin.
CoreFi Strategy Launch
The CoreFi Strategy is slated to debut on a Canadian stock exchange before the end of March 2025. The strategy employs innovative cryptocurrency investing techniques to emulate the success of companies like MicroStrategy Inc and Metaplanet. Following these companies’ lead, DeFi Technologies’ CoreFi Strategy will adopt a high-risk growth-centric approach, while providing regulated access to Bitcoin and digital assets.
Investor Benefits
This strategy offers investors a regulated method to gain higher-risk exposure to Bitcoin. It differentiates itself from traditional Bitcoin investment options. The CoreFi Strategy will concentrate on accumulating two primary digital assets: Bitcoin and the CORE token, which is native to the Core Blockchain.
This will enable CoreFi’s investors to leverage Bitcoin’s potential while also participating in the growth of the CORE token. Additionally, investors will interact with the broader blockchain ecosystem, utilizing Bitcoin as a stable digital asset and CORE as a speculative investment with growth prospects. The CoreFi Strategy will employ various financial techniques to increase its treasury.
DeFi Technologies intends to purchase and manage Bitcoin and CORE to capitalize on price fluctuations, aiming for superior returns for investors. Moreover, a key aspect of the CoreFi Strategy is its emphasis on providing regulated access to Bitcoin and Decentralized Finance (BTCFi).
CoreFi will permit investors to directly invest in BTCFi via traditional financial platforms. It’s worth noting that the leading financial technology firm recently initiated its Core Chain validator node. This step enabled the company to act as an independent validator for the network.
DeFi Technologies will contribute to improving the network’s security and efficiency as the newest validator on the Core blockchain. The firm validates transactions and protects the blockchain from cyber threats. Additionally, DeFi Technologies will participate in consensus, voting on proposals and future updates to support the network’s growth and development.
Inspiration from MicroStrategy
The tangible success of MicroStrategy’s Bitcoin strategy has encouraged more global companies to adopt a similar approach. For example, Japan’s Metaplanet Inc. embraced the Bitcoin strategy, and its stock has surged over 500% year-to-date.
MicroStrategy’s impressive performance has also motivated one of the most valuable tech companies, Microsoft Corporation, to reconsider its investment strategy. Microsoft shareholders will vote in December on whether the company should adopt a Bitcoin strategy. MicroStrategy has demonstrated to numerous investors that Bitcoin is a reliable economic shield for the long term.
