DeFi Technologies Acquires Stillman Digital to Boost Trading Capabilities

Strategic Acquisition for DeFi Technologies

Enhancing Trading Operations and Client Base

DeFi Technologies Inc. has completed the acquisition of Stillman Digital Inc. and Stillman Digital Bermuda Ltd. in a move to strengthen its presence in the DeFi market. The exchange of 2.5 million common shares of DeFi Technologies marks a significant milestone for the company.

Expanding Service Offerings and Revenue Streams

Stillman Digital, known for its global liquidity provision services, brings advanced electronic trade execution and OTC block trading to the table. With a monthly trading volume exceeding $500 million, the firm caters to institutional clients with seamless trading options through its Web Portal and API.

Building Bridges Between Traditional Markets and DeFi

Integration of Stillman Digital Expertise

DeFi Technologies’ CEO, Olivier Roussy Newton, highlights the strategic value of incorporating Stillman Digital’s capabilities. This integration aims to diversify revenue streams by serving both on-chain and off-chain clients, balancing the company’s market exposure.

Empowering Institutional Growth Strategies

Jonathon Milks, CEO of Stillman Digital, emphasizes the partnership’s potential to strengthen liquidity solutions for institutional clients. The established technology and regulatory framework of Stillman Digital, combined with DeFi Technologies’ network, promise accelerated growth and enhanced market presence.

Diversifying Offerings and Ensuring Security

Robust Technology and Regulatory Compliance

Stillman Digital’s custody services, alongside its foreign exchange capabilities and proprietary trading strategies, position it as a key player in the liquidity provision landscape. The firm’s security measures and competitive offerings add value to DeFi Technologies’ portfolio.

Capitalizing on Market Opportunities

DeFi Technologies plans to leverage its network to fuel Stillman Digital’s institutional growth strategy. By tapping into the evolving digital asset space, the partnership aims to capitalize on diverse opportunities in the market.

Stabilizing Revenues and Mitigating Market Volatility

Building Resilience Through Strategic Partnerships

The alliance between DeFi Technologies and Stillman Digital aims to stabilize revenues amid market fluctuations. Stillman Digital’s growth during the crypto downturn of 2022 serves as a testament to its resilience and potential impact on DeFi Technologies’ financial stability.