Valor, Comdirect and Onvista have agreed to introduce Valor as a provider of crypto products for retail clients in Germany
Comdirect and Onvista clients will have access to Valor’s full range of crypto ETPs, including Valor Bitcoin Zero and Valor Ethereum Zero, which have zero management fees.
TORONTO, August 18, 2022 /PRNewswire/ – Valor Inc. (NEO: DEFI) (GR: RMJR) (OTCQB: DEFTF), a technology company and the first and only publicly traded company to bridge the gap between traditional capital markets and finance decentralized, announced an agreement with German banks, Comdirect and Onvista, which will allow banking clients to integrate Valor ETPs into their investment portfolios. Comdirect and Onvista clients will have access to Valor’s full range of crypto ETPs.
“By integrating Valor’s low-to-zero fee ETPs, Comdirect and Onvista will be able to provide their clients with access to secure and regulated exposure to the crypto ecosystem,” he said. infused frame, Director of Value Sales. “Especially during times of ‘crypto winter,’ costs are a top priority for investors. Offering zero-cost investment options in Bitcoin and Ethereum is a substantial advantage for our investors and is another milestone in the democratization of this class of cryptocurrency.” young and growing assets.
Following Tuesday’s announcement of Valor’s partnership with justTRADE, this latest deal with Comdirect and Onvista further validates the Company’s status as a go-to crypto partner for brokers and banks looking to offer regulated crypto exposure to their clientele.
“Valor’s recent partnership with justTRADE and this new agreement with Comdirect and Onvista represents the first of what we believe will be many relationships with major brokerage and banking platforms,” he said. russell starr, CEO of Value. “Our recent hires have already added tremendous value to our team and will continue to perform at a high level, despite market conditions.”
Valor offers fully hedged digital asset exchange-traded products (ETPs) with product listings on European exchanges, banks and broker platforms. Valor’s existing product range includes Valor Uniswap (UNI), Cardan (ADA), Moles (POINT), solana (SUN), Avalanche (AVAX), cosmos (ATOM) and Enjin (ENJ) ETP, as well as the flagship Valor Bitcoin Zero and Valor Ethereum Zero products, the first passive investment products fully hedged with Bitcoin (BTC) and Ethereum (ETH) as underlyings that are completely free.
Valor Inc. (NEO:DEFI) (GR:RMJ.F) (OTCQB:DEFTF) is a technology company and the first and only publicly traded company to bridge the gap between traditional capital markets, Web3 and finance decentralized. Founded in 2019, Valor is backed by an acclaimed and pioneering team with decades of experience in financial markets and digital assets with a mission to expand investor access to industry-leading Web3 and decentralized technologies that enable them to access the future. of finance through regulated stock exchanges. . www.valor.com
Comdirect offers online brokerage, banking and advisory services at Germany. It executes buy and sell orders for shares listed on German stock exchanges, including futures and options contracts, and provides access to 46 stock exchanges outside of Germany. Germany. In addition, it provides execution-only services to its clients for asset allocation, risk hedging, and portfolio optimization. Comdirect is a brand of Commerzbank AG. www.comdirect.de
Onvista Bank is an online broker that falls under the umbrella of onvista AG and Onvista Group, which in turn is a subsidiary of Comdirect Bank AG. They provide access to trading of various securities on 14 stock exchanges, as well as OTC trading of more than 21 issuers. They allow you to trade stocks, futures, options, funds, bonds, CFDs, ETFs and more. https://www.onvista-bank.de/
Note of caution regarding forward-looking information:
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, among others, the offering of Value ETPs to clients of Onvista and Comdirect; the regulatory environment regarding the growth and adoption of decentralized finance; the search by Valor and its subsidiaries for business opportunities; and the potential merits or returns of such opportunities. In general, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or states that certain actions, events or results “may”, “could”, “would”, “could” or “will be taken”, “will occur” or “will be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements, as the case may be, to be materially different from those expressed. or implied by such forward-looking information. Such risks, uncertainties and other factors include, but are not limited to, the acceptance of Value ETPs by exchanges; investor demand for Value ETPs; growth and development of the DeFi and cryptocurrency sector; rules and regulations regarding DeFi and cryptocurrencies; commercial, economic, competitive, political and social uncertainties in general. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or anticipated. There can be no guarantee that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.
All information contained in this press release regarding Valor, Comdirect and Onvista was provided by the parties respectively for inclusion herein, and each party and its directors and officers have relied entirely on the other party for any information relating to The other part. Valor has not carried out due diligence on the information provided by Comdirect and Onvista and assumes no responsibility for the accuracy or completeness of such information.
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SOURCE Valor, Inc.