DeFi Technologies Inc. (ticker: DEFT), headquartered in Toronto, Canada, is an innovative FinTech company that bridges traditional finance (TradFi) and decentralized finance (DeFi). In our view, it delivers a unique Capital Markets platform for individuals and institutions, offering regulated and secure access to blockchain-based investments without the need to manage separate crypto wallets or exchanges. Defi Technologies appears to be offering the right services at the right time; management’s 2025 guidance is for 42% revenue growth to $200 million (USD).
Let us explain.
At its core, DEFT’s offerings are built around several key service pillars, each designed to bridge traditional finance with decentralized ecosystems. Here’s a breakdown:
- Valour Asset Management: Issues exchange-traded products (ETPs) that synthetically track individual DeFi protocols or diversified baskets. These are accessible through European banks and brokers. As of July 22, 2025, Valour manages $1 billion USD in assets under management (AUM).
- Defi Alpha: A dedicated arbitrage trading desk focused exclusively on identifying low-risk opportunities within the crypto ecosystem. It employs advanced algorithmic strategies and deep market analysis to generate alpha by capitalizing on pricing inefficiencies and discrepancies in digital assets.
- DeFi Ventures: Incubates early-stage blockchain projects, with $37.3 million USD in AUM as of December 31, 2024.
Complementary services.
- Reflexivity Research: Provides in-depth crypto research reports distributed via major third-party platforms like TradingView and eToro.
- Stillman Digital: A leading digital asset liquidity provider and trading desk specializing in arbitrage.
- Finally, DeFi Advisory positions DEFT to support the growing wave of public digital asset treasury companies worldwide. Leveraging its in-house expertise in ETPs, trading, custody, and research, the company offers end-to-end guidance on go-public transactions, digital asset portfolio management, and institutional-grade trades, all under one roof.
International listings.
DeFi Technologies Inc. commenced trading on Nasdaq under the ticker DEFT on May 12, 2025, after voluntarily delisting from the OTC markets. This transition was purely administrative and did not involve any capital raise. The company continues to trade on CBOE Canada (ticker: DEFI) and Börse Frankfurt (ticker: GR: R9B).
Financial Statements.
The company’s financial statements are prepared in accordance with International Financial Reporting Standards (IFRS), rather than US Generally Accepted Accounting Principles (US GAAP). Due to its international status, DEFT faces less frequent reporting requirements than US-listed peers, though it may opt to align voluntarily with US standards in the future. For instance, condensed interim financial statements for Q1 and Q2 2025, as well as the prior two years, are available on the investor relations website.
Recap.
DeFi Technologies’ mission is to democratize access to over 75 innovative digital assets, bridging the divide between traditional investment vehicles and the dynamic Web3 ecosystem. It achieves this through six core business lines: Asset Management, DeFi Alpha, Stillman Digital, DeFi Ventures, Reflexivity Research LLC, and DeFi Advisory. In our view, DEFT addresses the key question of “what’s interesting in the investment world” by simplifying entry and understanding of the new and burgeoning digital asset space.
