Wednesday, October 8, 2025

Latest

Hive Blockchain, DeFi Technologies Complete Share Exchange

Hive Blockchain (TSXV: HIVE) has completed a previously announced share exchange agreement with that of DeFi Technologies (NEO: DEFI). The arrangement was conducted in relation to a partnership on decentralized finance.

Under the terms of the share exchange agreement, DeFi Technologies has issued 10,000,000 million common shares, or approximately 5% of its outstanding equity, to Hive Blockchain. In exchange, Hive has issued 4.0 million common shares, or approximately 1% of its outstanding equity, to DeFi.

The exchange was conducted as the two firms look to form a partnership focused on a decentralized finance ecosystem. Specific applications of the partnership include ethereum and the miner extractable value, or MEV, space. MEV refers to the amount of profit miners can extract from reordering and censoring transactions on the blockchain.

Decentralized finance, or DeFi as it is more commonly known, is believed to be one of the strongest demand drives for Ethereum, with the investment in DeFi Technologies reportedly giving the company a “double benefit” as technologies continue to develop.

Hive Blockchain last traded at $4.00 on the TSX Venture.


The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Hive Blockchain: Not Just A Bitcoin Company – The Daily Dive

Joining us for the mid-week episode of the Daily Dive is Darcy Daubaras, the CFO...

Wednesday, July 14, 2021, 01:30:00 PM

Hive Announces Ethereum Capacity Expansion, Provides Minimal Details

Hive Blockchain (TSXV: HIVE) made a rather opaque announcement this morning, indicating that it intends...

Thursday, January 28, 2021, 07:08:46 AM

Bitcoin Plummets Below $50K as Markets React to Biden’s Capital Gains Tax

Bitcoin and other major cryptocurrencies plummeted on Friday, after details surrounding the Biden administration’s proposed...

Friday, April 23, 2021, 04:05:00 PM

Bitcoin and Ether Tumble Amid Recession Fears

The effects of last week’s weak US labor data, sluggish manufacturing activity, and the volatility...

Tuesday, August 6, 2024, 12:22:00 PM

Hive Blockchain Gains Exposure To NFT’s Via Network Media Group Investment

Hive Blockchain (TSXV: HIVE) is looking for exposure to the NFT space. The company this...

Wednesday, October 27, 2021, 08:58:00 AM