This information launch constitutes a “designated information launch” for the needs of the Firm’s prospectus complement dated February 2, 2021 to its brief kind base shelf prospectus dated January 27, 2021
Vancouver, British Columbia–(Newsfile Corp. – October 5, 2021) – HIVE Blockchain Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: HBF) (the “Firm” or “HIVE”) is happy to announce that Diana Biggs, CEO of Valour Inc. (“Valour”) and incoming Chief Technique Officer of DeFi Technologies, has joined the board of administrators of HIVE Blockchain Switzerland AG (“HIVE Switzerland”). Diana will be part of recently appointed HIVE Sweden president and board member Johanna Thornblad on the board of HIVE Switzerland.
Diana Biggs
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Diana is a seasoned govt who brings deep expertise in digital property, know-how, and monetary companies. She is Associate Fellow with Saïd Business School, University of Oxford, the place she visitor lectures on digital property and blockchain know-how. Previous to becoming a member of Valour, she was World Head of Innovation for HSBC Non-public Banking. Prior roles embody VP, Head of Progress and Partnerships at Uphold, Chief Technique Officer of Soko and Administration Guide with Oliver Wyman Monetary Providers.
Diana is captivated with utilizing know-how for constructing inclusive and sustainable monetary companies by way of decentralized networks. She was appointed CEO of Valour, a division of DeFi Applied sciences in November 2020. Valour provides exchange-traded merchandise that permit buyers to take concentrated positions in defi challenge tokens by way of a conventional brokerage account, with low or no administration charges.
Valour at the moment provides ETNs in Europe that permit buyers to achieve publicity to digital property together with Solana (SOL), Cardano (ADA), Ethereum (ETH), Polkadot (DOT), and Bitcoin (BTC). In September Valour surpassed $200M USD in property below administration, up 2,000% in 2021.
HIVE’s Strategic Funding in DeFi Applied sciences
In April of 2021, HIVE accomplished a share swap transaction with DeFi Applied sciences, giving HIVE roughly 5% possession of DeFi Applied sciences in trade for about 1% of HIVE shares.
HIVE Government Chairman Frank Holmes welcomed Diana to the HIVE Switzerland board, saying, “We’re thrilled to have Diana on board. She brings deep DeFi expertise to the desk and might be instrumental in serving to to information our future efforts on this thrilling house.”
Diana echoed Frank’s sentiment, saying, “I am excited to additional our partnership with HIVE, whereas working intently with Johanna on future alternatives within the DeFi house.”
About HIVE Blockchain Applied sciences Ltd.
HIVE Blockchain Applied sciences Ltd. went public in 2017 as the primary cryptocurrency mining firm with a inexperienced vitality and ESG technique.
HIVE is a growth-oriented know-how inventory within the emergent blockchain {industry}. As an organization whose shares commerce on a significant inventory trade, we’re constructing a bridge between the digital foreign money and blockchain sector and conventional capital markets. HIVE owns state-of-the-art, inexperienced energy-powered information centre services in Canada, Sweden, and Iceland, the place we supply solely inexperienced vitality to mine on the cloud and HODL each Ethereum and Bitcoin. For the reason that starting of 2021, HIVE has held in safe storage the vast majority of its ETH and BTC coin mining rewards. Our shares present buyers with publicity to the working margins of digital foreign money mining, in addition to a portfolio of cryptocurrencies equivalent to ETH and BTC. As a result of HIVE additionally owns onerous property equivalent to information facilities and superior multi-use servers, we imagine our shares provide buyers a horny solution to achieve publicity to the cryptocurrency house. HIVE traded over 2 billion shares in 2020.
We encourage you to go to HIVE’s YouTube channel here to be taught extra about HIVE.
For extra data and to register to HIVE’s mailing record, please go to www.HIVEblockchain.com. Comply with @HIVEblockchain on Twitter and subscribe to HIVE’s YouTube channel.
On Behalf of HIVE Blockchain Applied sciences Ltd.
“Frank Holmes”
Government Chairman
For additional data please contact:
Frank Holmes
Tel: (604) 664-1078
Neither the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this information launch.
Ahead-Wanting Data
Apart from the statements of historic reality, this information launch comprises “forward-looking data” throughout the that means of the relevant Canadian securities laws that’s based mostly on expectations, estimates and projections as on the date of this information launch. “Ahead-looking data” on this information launch consists of, however shouldn’t be restricted to, enterprise objectives and aims of the Firm, and different forward-looking data regarding the intentions, plans and future actions of the events to the transactions described herein and the phrases thereon.
Components that might trigger precise outcomes to vary materially from these described in such forward-looking data embody, however are usually not restricted to: the volatility of the digital foreign money market; the Firm’s skill to efficiently mine digital foreign money; the Firm might not have the ability to profitably liquidate its present digital foreign money stock as required, or in any respect; a fabric decline in digital foreign money costs might have a big adverse impression on the Firm’s operations; the volatility of digital foreign money costs; continued results of the COVID-19 pandemic might have a fabric opposed impact on the Firm’s efficiency as provide chains are disrupted and forestall the Firm from finishing up its enlargement plans or working its property; and different associated dangers as extra totally set out within the registration assertion of Firm and different paperwork disclosed below the Firm’s filings at www.sec.gov/EDGAR and www.sedar.com.
The forward-looking data on this information launch displays the present expectations, assumptions and/or beliefs of the Firm based mostly on data at the moment accessible to the Firm. The Firm has assumed that no vital occasions happen outdoors of the Firm’s regular course of enterprise. Though the Firm believes that the assumptions inherent within the forward-looking data are cheap, forward-looking data shouldn’t be a assure of future efficiency and accordingly undue reliance shouldn’t be placed on such data as a result of inherent uncertainty therein.
About Valour
Valour Inc. points exchange-listed monetary merchandise that allow retail and institutional buyers to entry funding in disruptive improvements, equivalent to digital property, in a easy and safe manner. Established in 2019 and based mostly in Zug, Switzerland, Valour is a completely owned subsidiary of DeFi Applied sciences Inc. For extra data on Valour, go to www.valour.com.
About DeFi Applied sciences
DeFi Applied sciences Inc. is a digital asset funding agency bridging the hole between conventional capital markets and decentralised finance. Our mission is to increase investor entry to industry-leading decentralised applied sciences and the way forward for finance. We imagine that decentralised applied sciences lie on the coronary heart of economic innovation. On behalf of our shareholders and buyers, we determine alternatives and areas of innovation, and construct and put money into new applied sciences and ventures as a way to present diversified publicity throughout decentralized finance. As a trusted associate for our shoppers and buyers, we offer industry-leading merchandise and top-quality analysis and schooling on this fast-growing house. For extra data go to https://defi.tech/.
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