Defi Technologies, Inc.

DeFi Technologies CEO Johan Wattenström issued a letter to shareholders addressing the recent share price decline, attributing it to a weak crypto market, sector rotation, and technical factors. He highlighted the company's significantly improved financial position compared to the previous bear market, boasting a strong balance sheet of approximately $150 million as of Q1, profitability, and effectively zero debt. The letter detailed operational progress, including the imminent launch of its first hedge fund, plans to scale arbitrage strategies, advancement of the Valour Custody platform, and continued growth at Stillman Digital. The CEO also noted active pursuit of acquisitions, integration of AI for revenue generation, and net inflows into Valour's ETPs.

DeFi Technologies Inc. announced the voting results from its 2026 Annual and Special Meeting of shareholders. Shareholders elected the nominated directors, approved the appointment of the Company's auditors, and passed resolutions for a share consolidation, an amendment to By-Law No.1, and Advance Notice By-Law No. 2. Approximately 31.77% of common shares were voted at the meeting.

DeFi Technologies Inc. announced an extension of the proxy voting deadline for its upcoming Annual General and Special Meeting of shareholders. The new deadline for submitting proxies is June 28, 2026, at 5:00 PM ET. This extension is intended to give shareholders more time to cast their votes and ensure a quorum is present for the virtual meeting, which is scheduled for June 29, 2026, at 10:00 AM ET.

DeFi Technologies reported Q1 2026 revenue of $11.2 million and net income of $4.9 million. Despite a challenging crypto market, the company significantly strengthened its balance sheet, achieving positive working capital of $47.3 million, up from negative $5.1 million at year-end 2025. Valour and Stillman Digital contributed $3.3 million and $2.9 million in revenue, respectively, demonstrating diversified monetization pathways. The company expressed optimism for future growth, with AUM recently exceeding $550 million and strong April inflows.

DeFi Technologies reported a net income of $4.93 million for Q1 2026, a significant decrease from $29.99 million in Q1 2025. Total revenues also fell to $11.19 million from $43.79 million year-over-year, primarily due to lower realized and unrealized gains on digital assets and ETP payables. Despite the revenue decline, the company improved its working capital position to $47.33 million from a deficiency of $5.14 million at the end of 2025.

DeFi Technologies Inc. announced the appointment of Russell Starr as a Strategic Advisor. Mr. Starr brings extensive experience in capital markets, M&A, venture capital, and strategic partnerships, with a focus on natural resources, renewable energy, and emerging technology sectors. He will support DeFi Technologies' capital markets strategy and global expansion as the company continues to bridge traditional finance and decentralized infrastructure through its platforms like Valour, Stillman Digital, and DeFi Alpha.

DeFi Technologies announced a partnership with OMFIF's Digital Monetary Institute, formalizing their collaboration and integrating the DEFT Valour Investment Opportunity Index (DVIO) as a recurring data reference across OMFIF's global institutional network. This partnership aims to expand the institutional distribution and visibility of Valour's regulated digital asset ETP platform. Additionally, Andrew Forson, President of DeFi Technologies, will participate in the Digital Money Summit 2026 in London to discuss custody, staking, and consumer protection in digital assets with global policymakers.

DeFi Technologies Inc. announced it will host a shareholder call on Friday, May 15, 2026, at 11:00 a.m. EST to discuss its financial results for the first quarter of 2026. The company's financial statements for the period ended March 31, 2026, are scheduled to be released after market close on Thursday, May 14, 2026.