DeFi Technologies to Manage Nuvve's HYPE Treasury Strategy Through Newly Launched DeFi Advisory Business Line

Core Insights - DeFi Technologies Inc. has launched a new DeFi Advisory business line to act as the asset manager for Nuvve Holding Corp.'s HYPE treasury strategy, marking a significant step in bridging traditional capital markets with decentralized finance [1][7][4] Company Overview - DeFi Technologies is a financial technology company focused on integrating traditional capital markets with decentralized finance, offering services such as asset management, trade execution, and strategic advisory [7][8] - Nuvve Holding Corp. is a leader in vehicle-to-grid technology, enhancing the electrification of transportation and enabling electric vehicles to act as mobile energy resources [6] Advisory Services - The DeFi Advisory division will provide institutional-grade digital asset treasury solutions, including secure custody, OTC transactions, and performance optimization for Nuvve's HYPE token [3][4] - Compensation for DeFi Advisory's services will be based on a percentage of assets under management (AUM), paid quarterly in equity or cash, depending on Nuvve's choice [3][7] Strategic Positioning - The establishment of DeFi Advisory is seen as a transformation of DeFi Technologies' business model, catering to the growing demand for credible and compliant advisory solutions in the digital asset space [4][5] - DeFi Technologies aims to capitalize on the increasing number of public companies exploring digital asset treasury strategies, leveraging its existing infrastructure in trading, custody, and research [4][5] Future Prospects - Additional mandates for the DeFi Advisory division are anticipated, indicating a growing interest in digital asset management among public companies [5]