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VALR Launches VALR Bitcoin and Gold Bundle (BITGOLD) for Diversified Exposure

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VALR Launches VALR Bitcoin and Gold Bundle (BITGOLD) for Diversified Exposure

[PRESS RELEASE – Johannesburg, South Africa, March 11th, 2026]

VALR, the largest crypto exchange in South Africa by trade volume, today announced the launch of its newest Crypto Bundle, the VALR Bitcoin and Gold Bundle (BITGOLD). This bundle provides investors with simplified exposure to both Bitcoin and tokenised gold (XAUT) in a single, balanced product.

Crypto Bundles on VALR are designed to offer diversified exposure to various crypto and real-world assets. They consist of selected assets with allocations that are rebalanced regularly according to the bundle’s methodology. This approach delivers a low-maintenance investment experience, as holdings are automatically adjusted to maintain target weights without requiring active trading from users. Rebalancing occurs monthly for the BITGOLD bundle.

The VALR Bitcoin and Gold Bundle combines Bitcoin’s potential for significant upside with gold’s established role as a safe-haven asset. Bitcoin, often viewed as digital innovation in finance, has shown strong long-term growth despite volatility. Over the past five years, Bitcoin has delivered substantial returns in many periods, though it has experienced sharp corrections, reflecting its asymmetric risk-reward profile amid growing institutional adoption and market maturation.

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Gold, in contrast, has a centuries-old reputation for preserving value during times of uncertainty, inflation, and currency debasement. In recent years, gold prices have risen steadily, with notable gains driven by geopolitical tensions and macroeconomic factors. From early 2021 levels around $1,800 per ounce, gold has appreciated significantly, reaching over $5,000 in recent months.

By allocating equally to Bitcoin and tokenised gold, VALR’s BITGOLD bundle seeks to balance these characteristics. This combination allows investors to gain exposure to two assets that have historically performed differently in response to inflation, global uncertainty, and currency challenges.

“Investors increasingly seek ways to hedge against uncertainty while capturing innovation in digital assets,” said VALR’s Co-Founder and CEO, Farzam Ehsani. “The BITGOLD bundle simplifies this by merging Bitcoin’s growth potential with gold’s store of value track record over several millenia. ”

Visit https://www.valr.com/en/crypto-bundles for more details and risk disclosures.

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About VALR

Founded in 2018 and headquartered in Johannesburg, VALR is backed by prominent investors including Pantera Capital, Coinbase Ventures, and Fidelity’s F-Prime Capital. Licensed by South Africa’s Financial Sector Conduct Authority (FSCA) and with regulatory approval in Europe, VALR serves over 1.7 million registered users and 1,800 corporate and institutional clients worldwide. The exchange offers a full range of products, including spot trading, margin, perpetual futures, staking, lending, borrowing, OTC services, VALR Invest, Crypto Bundles, and VALR Pay. VALR is committed to building a just financial future that promotes human dignity and global unity. For more information, visit valr.com.

Disclaimer: Trading or investing in crypto assets (including Crypto Bundles) is risky and may result in the loss of capital as the value may fluctuate. VALR (Pty) Ltd is a licensed financial services provider (FSP #53308). Crypto Bundles do not represent securities and should not be misconstrued as collective investment schemes such as mutual funds, ETFs, ETVs or ETNs.

VALR does not guarantee returns or preservation of capital. Past performance is not indicative of future returns. Trading Crypto Bundles involves risks, including potential price deviations from the underlying assets due to market conditions, liquidity or pricing mechanisms. Tracking error may occur due to pricing discrepancies, rebalancing costs (including transactional fees), or changes in constituent asset pricing or behaviour. Bundle composition and weighting may change frequently due to rebalancing. Information provided by VALR regarding Crypto Bundles is for informational purposes only and does not constitute financial, legal, tax, or investment advice and you are solely responsible for evaluating whether Crypto Bundles are suitable for your financial situation, risk tolerance and investment goals. You should conduct your own due diligence and seek independent professional advice where appropriate.

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Trading Crypto Bundles is subject to VALR’s Terms of Service. Jurisdictional restrictions apply. Please refer to VALR’s full set of Risk Disclosures.

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Crypto World

Aave V3 Avoided Unrecovered Bad Debt From 2023 to 2025: Study

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Aave V3 Avoided Unrecovered Bad Debt From 2023 to 2025: Study

A Bank of Canada staff paper found that Aave V3 reported zero non-performing loans in 2024, with overcollateralization and automated liquidations helping prevent lender losses in its Ethereum lending market.

Using transaction-level data from Jan. 27, 2023, to May 6, 2025, the study found that positions were typically liquidated before collateral values fell below outstanding debt, helping contain lender losses across the sample.

But the model came with a tradeoff, the paper said. While it protected lenders from unrecovered losses, it also shifted risk onto borrowers and constrained capital efficiency compared with traditional lending systems.

According to the paper, Aave V3’s design relies on automated risk controls rather than traditional underwriting, requiring borrowers to post more collateral than they borrow and liquidating positions when they breach risk thresholds.

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Daily lending earnings, circulating supply, and borrowing volumes (USD) on Aave V3. Source: Bank of Canada

Recursive leverage fueled borrowing demand

According to the paper, Aave V3’s lending activity was not driven solely by users seeking liquidity. It found that recursive leverage accounted for over 20% of total borrowed volume and 8.2% of borrowing transactions during the sample period. 

Recursive leverage involves repeatedly borrowing against collateral, redeploying the borrowed assets as new collateral and borrowing again to amplify exposure.

Related: Aave V4 goes live on Ethereum after governance vote clears rollout

The study said the dynamic made borrowers more exposed when markets turned. According to the paper, liquidations on Aave V3 tended to occur in concentrated waves, with four assets accounting for 90% of total liquidated value. 

This includes Wrapped Ether (WETH), Wrapped Staked Ether (wstETH), Wrapped Bitcoin (WBTC) and Wrapped eETH (weETH).

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The paper estimated that borrower losses during major liquidation events could be significant. It said liquidation fees typically ranged from 5% to 10% of liquidated value, while missed gains from subsequent price recoveries pushed combined losses to about 10% to 30% in some cases. 

The staff paper suggested that while the design for Aave V3 helped prevent unrecovered bad debt in the sample, it did so by exposing borrowers to abrupt losses when collateral prices fell sharply. 

Cointelegraph reached out to Aave for comment but did not receive a response before publication.

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