DeFi Technologies acquires Reflexivity Research, a crypto research firm co-founded by Anthony Pompliano and Will Clemente

DeFi Technologies, a Canadian publicly traded company, has acquired private research firm Reflexivity Research in a 100% stock deal. In an announcement on Tuesday, DeFi Technologies said that it has entered into a binding letter of intent (LOI) for the acquisition, without disclosing the specific amount involved.

Under the terms of the agreement, DeFi Technologies will acquire all issued and outstanding securities of Reflexivity Research in return for 5 million common shares of DeFi Technologies (the “Payment Shares”).

Founded less than 18 months ago by Anthony Pompliano and Will Clemente, Reflexivity Research aimed to produce top-notch, crypto-native research tailored for traditional finance investors. The firm gained recognition for its distinctive bitcoin analysis and boasted prominent clients, including eToro, Solana, Avalanche, NEAR, Fantom, Sei Network, among others. The research is disseminated through its homepage, a premium membership portal, and an email list comprising over 55,000 investors.

For DeFi Technologies, this acquisition marks its entry into the research sector, showcasing its commitment to nurturing knowledge and understanding within the dynamic cryptocurrency landscape. Beyond reinforcing its role as a crucial link between traditional and decentralized finance, DeFi Technologies will now provide valuable insights and intelligence to its clientele, enhancing its comprehensive suite of financial services.

Anthony Pompliano, co-founder of Reflexivity Research, expressed enthusiasm about the partnership, stating, “As traditional finance continues to allocate to this new asset class and structured products become more important in 2024, we are excited to partner with DeFi and the pioneers of the ETP market at Valour. This collaboration will enhance our research and bring insightful, actionable intelligence to our clients, bridging the gap between traditional finance and the burgeoning potential of cryptocurrency markets.”

Olivier Roussy Newton, CEO of DeFi Technologies, echoed this sentiment, noting, “This acquisition marks the beginning of a new chapter for us as we establish our presence in the research sector. Joining forces with Reflexivity Research is a strategic step that will greatly enhance our offerings and provide our clients with access to premier insights in the cryptocurrency market.”

In an email to his subscribers, Pompliano said:

“The fact that we are taking no cash should speak volumes about our thoughts on DeFi Technologies, their asset management subsidiary Valour, and their products. I didn’t plan to build Reflexivity Research for such a short period of time before selling it. We have been exclusively focused on building a great business that delivers results for our customers. But when compelling opportunities present themselves, you need to be open to changing your mind and capitalizing on them.”