DeFi Technologies launches advisory unit, signs first client Nuvve
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DeFi Advisory will handle custody, execute over-the-counter transactions through DeFi Technologies subsidiary Stillman Digital, and manage strategies to optimize Nuvve's HYPE token position. HYPE is the native token of Hyperliquid, a decentralized exchange.
Under the agreement, DeFi Technologies will receive quarterly management fees based on a percentage of assets under management. Nuvve can choose to pay these fees in either equity warrants, shares, or cash.
"DeFi Advisory represents a significant evolution in our business model—transforming our existing research and execution infrastructure into a dedicated, institutional-grade service offering," said Olivier Roussy Newton, CEO of DeFi Technologies.
The advisory division offers asset management, trade execution, and strategic advisory services through an integrated platform designed for institutional clients. DeFi Technologies stated that additional mandates are in the pipeline and expected to be announced in coming months.
Nuvve, a vehicle-to-grid technology company, expanded its corporate treasury policy to include the HYPE token as part of its digital asset strategy. The company develops technology that enables electric vehicles to store and discharge energy to help stabilize electrical grids.
DeFi Technologies operates multiple business units including Valour, which offers regulated exchange-traded products for digital assets, and Stillman Digital, which provides digital asset execution and custody services.
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