Bringing institutional discipline to digital assets, DeFi Technologies has introduced the DVIO index to turn regulated capital flows into a forward-looking lens on crypto markets.
A new benchmark built on real investor flows
DeFi Technologies Inc., through its subsidiary Valour, has launched the DEFT Valour Investment Opportunity (DVIO) Index, an institutional-grade benchmark that tracks how regulated investor capital is allocated across digital assets using real flows through Valour’s ETP platform. The index is updated weekly and covers the top 50 assets in Valour’s ecosystem by assets under management (AUM) and flows.
According to the company, the index aims to deliver higher signal quality than typical crypto data sources by relying on a consistent, regulated product structure and execution framework. Moreover, it is designed to function not only as a benchmark but also as the core of a broader insights and commercial platform for recurring analytics, market barometers, and future index-linked products.
Launch details and strategic positioning
On February 9, 2026, in Toronto, DeFi Technologies announced that Valour Inc. and Valour Digital Securities Limited had jointly launched the DVIO Index, positioning it as a regulated, capital-based reference for the digital asset market. The index is intended to show how regulated capital is allocated across crypto assets, using observable flows through Valour’s listed products.
The index provides a forward-looking view of investor positioning, sentiment, and capital rotation by tracking real flows on Valour’s regulated ETP infrastructure. That said, DeFi Technologies argues that this approach delivers a level of signal quality and market efficiency not available from traditional price, on-chain, or exchange volume data sets.
From fragmented data to capital-flow intelligence
Crypto markets generate large volumes of information, yet much of it remains fragmented, noisy, and backward-looking. Prices, on-chain metrics, and exchange volumes often explain market moves after they occur, rather than indicating how institutional capital is positioned in real time.
In traditional finance, capital flows are widely regarded as among the most reliable leading indicators of market behavior. The dvio index applies this discipline to digital assets, grounding its insights in observable, regulated investment decisions rather than speculative wallets or unregulated trading venues. As a result, the index seeks to transform capital allocation data into genuine market intelligence.
Why Valour flows offer differentiated signals
Access to crypto assets is usually fragmented across multiple exchanges, each with different fees, spreads, liquidity conditions, and execution quality. Consequently, observed flows can be skewed by platform mechanics rather than reflecting true investor conviction in a particular asset.
Valour’s ETP platform is designed to remove much of this distortion. Uniform pricing and internal market making aim to minimize slippage across products, while fees are transparent, regulated, and fully disclosed in prospectuses and final terms. Moreover, risk profiles, liquidity models, and pricing frameworks are aligned across the platform, and terms and flows of cross-listed products remain tightly coordinated regardless of trading venue.
This structure creates an environment in which capital allocation decisions are driven primarily by asset fundamentals and investor conviction. Therefore, Valour’s flows can serve as a distinctive and cleaner indicator of market behavior.
A diversified, rational investor base
With 102 ETPs spanning 74 unique digital assets, Valour operates one of the most extensive regulated digital asset ETP platforms worldwide. Investors can allocate across majors, Layer 1s, DeFi projects, and emerging themes, all within a consistent execution and risk framework.
As a result, capital flows on Valour’s platform reflect the actions of investors operating under rational, institutionally aligned constraints in an efficient market structure. That said, this makes those flows a uniquely powerful source of intelligence on crypto allocation trends and gives Valour a broad view of how institutional exposure to digital assets is evolving.
Index design and methodology
The DEFT Valour Investment Opportunity Index tracks the top 50 individual crypto assets by AUM and flows within Valour’s ETP ecosystem. Constituents and weights are updated weekly to capture both current capital allocation and the way that allocation is changing over time.
Anchored in regulated infrastructure and real investor capital, the index seeks to provide a credible reference point for institutions seeking transparency in an otherwise opaque market. Moreover, its systematic construction is focused on maximizing signal quality for professional users.
The methodology is rules-based and designed to capture meaningful shifts in investor behavior while filtering out short-term market noise. It is anchored in AUM but dynamically responsive to changes in flows, balancing stability with adaptability through a weekly rebalancing schedule.
This methodology provides a foundation for investors, asset managers, and product issuers to develop index-linked products, structured strategies, research frameworks, and risk models built on capital-flow signals. In doing so, it positions the index as both a benchmark and a practical tool for strategy design.
Insights framework and barometers
Beyond its role as a benchmark, the DVIO Index underpins an insights framework that converts flow data into actionable intelligence. Outputs include weekly analyses of flow and weight changes, as well as indicators designed to highlight divergences between price action and capital allocation patterns.
Among these tools are market-level measures such as the DVIO Index Flow Sentiment Barometer and the DVIO Index Altcoin Barometer, which seek to quantify shifts in market risk appetite and sector rotation. Additionally, the index maintains a Watchlist of assets outside the top 50 by AUM to surface early-stage flow momentum before those assets become index-eligible.
This Watchlist is intended to enable more predictive, rather than purely reactive, analysis of emerging opportunities. Moreover, it supports the development of digital asset sentiment indicators that move beyond simple price-based metrics.
Business model and commercial roadmap
The DEFT Valour Investment Opportunity Index is also a strategic platform for advancing Valour’s broader commercial objectives. It provides a unified narrative for engaging investors worldwide across the full range of Valour ETPs, anchored in the strength and consistency of the signals the index generates.
In parallel, DeFi Technologies will offer subscription-based access to weekly insights and monthly analytical reports derived from DVIO data. However, the company also sees a longer-term opportunity in building out an analytics ecosystem around the benchmark.
Looking ahead, DeFi Technologies plans to develop a DVIO-derived analytics terminal offering more granular, data-driven insights. The index is being engineered to support licensing by third-party asset managers and financial institutions, enabling the creation of index-linked products under licence.
Over time, this ecosystem is expected to reinforce the DVIO Index’s role as a market reference while helping funnel additional capital into Valour’s underlying ETPs. This aligns the benchmark with Valour’s growth strategy and expands the potential for etp platform insights across the digital asset space.
Data, AI, and analytical infrastructure
The DVIO initiative marks a significant enhancement and scaling of DeFi Technologies’ and Valour’s data operations. It is built on an integrated data architecture optimized to leverage trading, flow, and pricing information across Valour and its wholly owned subsidiary Stillman Digital.
This infrastructure is designed to support the development of innovative structured instruments and to apply advanced analytics and AI techniques. Moreover, it aims to deepen understanding of how investment behavior interacts across decentralized finance (DeFi), traditional finance (TradFi), broader technology trends, and macroeconomic indicators.
By combining regulated market data with advanced analytical capabilities, DeFi Technologies is positioning the DVIO Index as both a benchmark and a research engine for next-generation digital asset investment strategies. This framework also opens the door for future index derived analytics products targeted at institutional users.
A differentiated vantage point on crypto markets
As one of the issuers with the largest and most diverse digital asset ETP offerings globally, Valour claims a distinctive vantage point for launching this benchmark. The DEFT Valour Investment Opportunity Index is based on the actual collective decisions of rational investors allocating real capital through regulated instruments, rather than on theoretical models or indirect proxies.
In doing so, it sets out to establish a new regulated crypto benchmark grounded in efficiency, transparency, and observable capital behavior. Moreover, it highlights how regulated infrastructure and disciplined data architecture can turn flows into a strategic resource for the digital asset industry.
About the companies behind the index
DeFi Technologies Inc. is a financial technology company focused on bridging traditional capital markets and decentralized finance. As the first Nasdaq-listed digital asset manager of its kind, the company offers equity investors diversified exposure to the decentralized economy through an integrated business model.
Its operations include Valour, which provides access to more than one hundred of the world’s most innovative digital assets via regulated ETPs; Stillman Digital, a digital asset prime brokerage and liquidity provider focused on institutional-grade execution and custody; and Reflexivity Research, which produces in-depth research on the bitcoin and digital asset industry. The group also includes Neuronomics, focused on quantitative trading strategies and infrastructure, and DeFi Alpha, the internal arbitrage and trading business line.
Valour Inc. and Valour Digital Securities Limited issue ETPs that allow retail and institutional investors to access digital assets in a simple and secure way via traditional bank accounts. Valour forms part of DeFi Technologies’ asset management business line and is central to the flow data underpinning the DVIO benchmark.
Reflexivity Research LLC is a research firm dedicated to producing high-quality, long-form reports on bitcoin and digital assets, aimed at equipping investors with detailed insights. Meanwhile, Stillman Digital offers liquidity solutions for businesses, with a focus on trade execution, settlement, and technology.
By integrating regulated capital flows, robust data infrastructure, and institutional-grade analytics, DeFi Technologies and Valour are positioning the DEFT Valour Investment Opportunity Index as a forward-looking reference point for understanding how real money navigates the crypto market.
Source: https://en.cryptonomist.ch/2026/02/09/dvio-index-crypto-benchmark/
