DeFi Technologies acquires cryptocurrency research company Reflexivity Research.

BlockBeats news, on January 9th, Canadian listed company DeFi Technologies acquired private crypto research company Reflexivity Research in a 100% stock transaction. DeFi Technologies stated in a Tuesday announcement that it had signed a binding letter of intent (LOI) for the acquisition, but did not disclose the specific amount involved. Under the terms of the agreement, DeFi Technologies will acquire all issued and outstanding securities of Reflexivity Research in exchange for 5 million shares of DeFi Technologies common stock ("Payment Shares"). Reflexivity Research was founded by Anthony Pompliano and Will Clemente less than 18 months ago, with the aim of providing top-notch cryptocurrency native research tailored to traditional financial investors. The company has been recognized for its unique Bitcoin analysis and has well-known clients including eToro, Solana, Avalanche, NEAR, Fantom, and Sei Network. The research is disseminated through its homepage, advanced member portal, and email list containing over 55,000 investors. For DeFi Technologies, this acquisition marks its entry into the research field and demonstrates its commitment to cultivating knowledge and understanding in the dynamic cryptocurrency space. In addition to strengthening its role as a key link between traditional finance and decentralized finance, DeFi Technologies will now also provide valuable insights and intelligence to its clients, enhancing its comprehensive financial services.