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Defi Technologies Inc
Symbol DEFI
Shares Issued 208,102,552
Close 2021-11-17 C$ 3.98
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Defi Technologies taps Bison Trails for infrastructure

2021-11-18 10:37 ET - News Release

Ms. Diana Biggs reports

DEFI TECHNOLOGIES SELECTS BISON TRAILS TO EXPAND ITS SECURE NODE INFRASTRUCTURE TO POWER STAKING AND DEFI APPLICATIONS

Defi Technologies Inc. has selected Bison Trails, the leading blockchain infrastructure platform-as-a-service company, to enhance the node infrastructure for the DeFi (decentralized finance) infrastructure and governance business line. This collaboration with Bison Trails will enable Defi Technologies to expand on its mission to promote the Defi ecosystem with node decentralization and governance participation along with staking.

As part of the agreement, Bison Trails will begin by openly implementing validator nodes leveraging Bison Trails' infrastructure and protocol expertise. The effort will contribute to the Defi ecosystem by further establishing secure and reliable networks, voting, and increasing overall decentralization. Defi Technologies will be actively staking in collaboration with its wholly owned subsidiary Valour Inc.

"Bison Trails is an industry-leading infrastructure provider for a growing number of blockchains, who importantly shares an aligned mission with Defi Technologies: to advance the Defi ecosystem and improve network security," said Diana Biggs, chief strategy officer at Defi Technologies. "We share Bison Trails' strategic vision to support the entire decentralized ecosystem, and hope our contribution will help fuel some of the world's leading crypto and financial technology projects and protocols."

"We are excited to work with companies like Defi Technologies that are contributing to the growth of the crypto ecosystem. By providing secure, reliable infrastructure, our goal is to empower Defi Technologies to seamlessly launch products and services that bring in participants from traditional capital markets into crypto markets," said Aaron Henshaw, head of engineering at Coinbase Cloud and co-founder of Bison Trails.

About Defi Technologies Inc.

Defi Technologies is a technology company bridging the gap between traditional capital markets and decentralized finance. The company's mission is to expand investor access to industry-leading decentralized technologies which it believes lie at the heart of the future of finance. On behalf of the company's shareholders and investors, it identifies opportunities and areas of innovation, and builds and invests in new technologies and ventures in order to provide trusted, diversified exposure across the decentralized finance ecosystem.

We seek Safe Harbor.

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