DeFi Technologies Acquires Majority Stake in Neuronomics AG

DeFi Technologies Inc., a financial technology company, has acquired a 52.5% stake in Neuronomics AG, a Swiss asset management firm known for its expertise in artificial intelligence and computational neurosciences. This strategic acquisition aims to bolster DeFi Technologies' capabilities in artificial intelligence, asset management, and trading, enhancing its existing DeFi Alpha trading desk.

Neuronomics deploys advanced quantitative strategies that have consistently outperformed benchmarks. By integrating AI and computational neuroscience, Neuronomics has developed model-driven trading strategies, particularly effective in the cryptocurrency market. Their AI models enhance predictive accuracy and optimize asset distribution, offering strong risk-adjusted returns.

DeFi Technologies' CEO, Olivier Roussy Newton, expressed that this acquisition is pivotal for expanding DeFi's trading and technology expertise. It aligns with their strategy to diversify revenue streams and strengthen their presence in decentralized finance markets. This acquisition was completed with both stock issuance and cash considerations.