The Company emphasizes that the potential delay does not relate to any disagreement with its auditors, any issues with the Company's financial statements, or any identified weakness in the Company's internal controls over financial reporting. Other than the possible delay in receiving the SOC 2 Type 2 report from the third-party counterparty, the audit process is otherwise expected to be completed on schedule. In connection with the potential delay and default in the completion of the Annual Filings, the Co ...

Core Insights - DeFi Technologies positions itself as a fully integrated digital asset infrastructure company, bridging decentralized finance and traditional capital markets through various operating units, including Valour, Stillman Digital, DeFi Alpha, and Reflexivity Research [2][4] Valour Asset Management - Valour offers access to over 75 different digital assets and is described as the most diversified digital asset manager globally, generating 5%-7% on assets under management (AUM) [1][4] - Valour achieved record net inflows of $107 million in 2025 despite market volatility, indicating strong management efficiency [5][6] - Valour's AUM reached an all-time high of approximately $1.2 billion in August 2025, with continued majority net inflows month-over-month even after market declines [6] Institutional Focus - The company is targeting institutional expansion with plans for a spot-crypto UCITS fund, which is expected to be the first of its kind with spot crypto underlying [3][8] - Management aims to launch additional institutional-oriented products, including actively managed certificates and hedge fund structures, to attract more institutional capital [8] Stillman Digital - Stillman Digital, the company's OTC trading and liquidity provisioning platform, expects to report its best year ever in 2025, projecting 20% year-over-year growth in 2026 [11] - The platform has completed over $60 billion in transactions since inception and is regulated in Bermuda and other North American markets [12] Market Trends and Regulatory Environment - The growth of stablecoins and the transition toward fiat on digital asset rails are highlighted as significant trends, with the company's platform supporting the next generation of finance [2] - Regulatory clarity in the U.S. is expected to increase demand for digital asset instruments, potentially lifting asset prices and AUM across the company's product set [10] Venture Portfolio and AI Strategies - The company is integrating capabilities from its venture portfolio into its infrastructure, with investments in projects like Stablecorp and cNGN, which are launching regulated stablecoins [14] - Neuronomics, a Swiss-based asset manager specializing in AI and machine learning, is expected to support the creation of structured instruments for various financial entities [13]

Summary of DeFi Technologies FY Conference Call Company Overview - **Company**: DeFi Technologies (NasdaqCM: DEFT) - **Industry**: Decentralized Finance (DeFi) and Digital Assets - **Key Executives**: Andrew Forson (President and Chief Growth Officer), Curtis Schlaufman (Vice President of Marketing and Communications) Core Business Model - DeFi Technologies is positioned as a vertically integrated digital asset platform, not just an ETP provider, encompassing various segments such as Valour, Stillman Digital, OTC and liquidity provisioning, DeFi Alpha, and Reflexivity Research [2][6][8] - The company aims to facilitate the connection between decentralized finance and traditional capital markets, leveraging stablecoins and digital assets [6][7] Financial Performance - Valour, the ETP platform, achieved record net inflows of $107 million in 2025 despite market volatility [11] - The company generates 5%-7% revenue on assets under management (AUM) from Valour, with additional revenue from other business lines [9][10] - AUM reached an all-time high of approximately $1.2 billion in August 2025, with consistent net inflows year-over-year [14][15] Market Strategy and Product Development - DeFi Technologies plans to launch institutional-focused products, including a UCITS fund with spot crypto underlying, targeting institutional capital [21][22] - The company is expanding its ETP offerings and exploring geographic expansion into Latin America, Africa, and Asia [22][27] - The focus is on protocols generating significant revenue and user growth, with a potential consolidation in the market [20] Regulatory Environment - Regulatory clarity, particularly from the U.S. Clarity Act, is expected to increase demand for DeFi's products, benefiting AUM and asset prices [30][31] - The company is positioned to capitalize on regulatory developments, enhancing its total addressable market [30] Stillman Digital - Stillman Digital, DeFi's OTC trading and liquidity provisioning platform, is projected to grow at a 20% year-over-year rate for 2026 [34] - The platform has completed over $60 billion in transactions, demonstrating its market agnosticism and ability to attract institutional clients [36][37] - Stillman Digital's services are applicable globally, with ongoing efforts to expand into new jurisdictions [34][36] Venture Portfolio - DeFi Technologies is investing in companies like Neuronomics, which leverages AI for trading strategies, and Stablecorp, launching Canada's first regulated stablecoin [39][43] - The integration of AI and machine learning into asset management is expected to enhance product offerings and generate consistent returns [42] Conclusion - DeFi Technologies is positioned as a strong player in the DeFi space, with a diversified revenue model and a focus on growth through regulatory clarity and product innovation [47][48] - The company emphasizes its ability to operate profitably and at scale while being risk-averse, with passive and recurring revenue streams [47]

Core Viewpoint - DeFi Technologies Inc. is set to present at the Canaccord 6th Annual Digital Assets Virtual Symposium, highlighting its role as a financial technology company bridging traditional capital markets and decentralized finance [1] Company Overview - DeFi Technologies Inc. is the first Nasdaq-listed digital asset manager, providing equity investors with diversified exposure to the decentralized economy through an integrated business model [1] - The company operates several subsidiaries, including Valour, Stillman Digital, Reflexivity Research, Neuronomics, and DeFi Alpha, each focusing on different aspects of digital assets and finance [1] Event Details - The presentation will take place on March 11, 2026, at 2:30 p.m. ET, featuring a fireside chat format and one-on-one investor meetings [1] - A webcast link for the event is provided for interested parties [1] Subsidiary Highlights - **Valour**: Issues exchange-traded products (ETPs) that allow retail and institutional investors to access digital assets securely through traditional bank accounts [1] - **Reflexivity Research**: Specializes in high-quality research reports for the bitcoin and digital asset industry, providing valuable insights to investors [1] - **Stillman Digital**: A digital asset liquidity provider focusing on trade execution, settlement, and technology solutions [1]

Core Viewpoint - DeFi Technologies Inc. has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as its share price has been below $1.00 for 30 consecutive business days [1][2]. Group 1: Compliance and Regulatory Information - The company has a compliance period of 180 calendar days, until September 1, 2026, to regain compliance with the minimum bid price rule by maintaining a closing bid price of at least $1.00 for a minimum of ten consecutive business days [2][3]. - If the company fails to regain compliance by the deadline, it may be eligible for an additional 180-day compliance period, provided it meets other listing requirements [3]. - The company must notify Nasdaq of its intention to cure the deficiency, which may include actions such as a reverse stock split [3]. Group 2: Current Status and Future Actions - The receipt of the notification does not immediately affect the listing status of the company's shares, which will continue to trade under the symbol "DEFT" [4]. - The company intends to monitor its share price and may consider options to regain compliance with the minimum bid price rule [4]. Group 3: Company Overview - DeFi Technologies Inc. is a financial technology company that connects traditional capital markets with decentralized finance (DeFi) [5]. - The company operates as a digital asset manager, providing diversified exposure to the decentralized economy through various business lines, including Valour, Stillman Digital, Reflexivity Research, Neuronomics, and DeFi Alpha [5][6][7].

Core Viewpoint - DeFi Technologies Inc. has appointed Philippe Lucet as General Counsel and Corporate Secretary, succeeding Kenny Choi, to enhance its legal and regulatory framework as it continues to bridge traditional capital markets with decentralized finance [1][2]. Company Overview - DeFi Technologies Inc. is a financial technology company that connects traditional capital markets with decentralized finance (DeFi), being the first Nasdaq-listed digital asset manager of its kind [4]. - The company offers diversified exposure to the decentralized economy through an integrated business model, which includes subsidiaries like Valour, Stillman Digital, Reflexivity Research, Neuronomics, and DeFi Alpha [4]. Leadership Commentary - CEO Johan Wattenström emphasized Philippe Lucet's extensive legal experience in regulated and innovation-driven industries, which will support the company's growth and execution across markets [3]. Philippe Lucet's Background - Philippe Lucet has served as General Counsel at Valour and has a strong background in corporate governance, regulatory affairs, and intellectual property, having held senior legal positions at various global companies [2][3]. - His educational qualifications include a Master's in International Affairs from Columbia University and a Master of Laws from Stanford University [3]. Subsidiaries and Services - Valour, a wholly owned subsidiary of DeFi Technologies, issues exchange traded products (ETPs) that provide retail and institutional investors access to digital assets [5]. - Stillman Digital focuses on providing liquidity solutions for digital assets, emphasizing trade execution and technology [6]. - Reflexivity Research specializes in high-quality research reports for the bitcoin and digital asset industry, offering valuable insights to investors [6].

Core Viewpoint - DeFi Technologies is hosting a webinar focused on the Valour Investment Opportunity Index, indicating a strategic emphasis on decentralized finance investment opportunities [1]. Group 1 - The event is moderated by Gregory McNiff, who is responsible for Investor Relations at DeFi Technologies [1]. - The webinar will be recorded and made available on DeFi Technologies' website after the event [2]. - Andrew Forson, President of DeFi Technologies and Chief Growth Officer at Valour, will lead the discussion, joined by Andrea Disaro, a principal in Structured Products and Quantitative Analysis [3].

Core Insights - DeFi Technologies Inc. is hosting a webinar on February 24, 2026, to discuss the launch of the DEFT Valour Investment Opportunity Index, which aims to provide an institutional-grade benchmark for capital allocation in the digital asset market [1][1][1] Company Overview - DeFi Technologies Inc. is a financial technology company that connects traditional capital markets with decentralized finance (DeFi) [1][1] - The company is the first Nasdaq-listed digital asset manager, offering equity investors diversified exposure to the decentralized economy through an integrated business model [1][1] - DeFi Technologies includes subsidiaries such as Valour, Stillman Digital, Reflexivity Research, Neuronomics, and DeFi Alpha, each focusing on different aspects of digital assets and financial technology [1][1][1] Webinar Details - The webinar will feature Andrew Forson, President of DeFi and Chief Growth Officer at Valour, who will provide updates on the DVIO Index and discuss its implications for regulated investor flows and future market analytics [1][1][1] - Registration for the webinar is available through the company's website [1]

Core Viewpoint - DeFi Technologies Inc. has launched the DEFT Valour Investment Opportunity (DVIO) Index, an institutional-grade benchmark that tracks the allocation of regulated capital across the digital asset market, aiming to provide better insights into investor behavior and market efficiency compared to traditional crypto data sources [1][2][9]. Group 1: Index Overview - The DVIO Index offers a forward-looking perspective on investor positioning and sentiment by tracking real capital flows through Valour's regulated ETP platform [2][4]. - It is designed to deliver higher signal quality than typical crypto data by relying on a consistent, regulated product structure and execution, with weekly updates reflecting changes in assets under management (AUM) and flows across the top 50 assets [9][11]. - The Index is constructed using a systematic, rules-based methodology that captures meaningful shifts in investor behavior while filtering out short-term noise, ensuring it remains responsive to evolving market conditions [12][13]. Group 2: Market Intelligence and Insights - The DVIO Index transforms capital flows into actionable intelligence, providing outputs such as weekly analysis of flow and weight changes, sentiment indicators, and a watchlist of assets outside the top 50 by AUM [14][15]. - Valour's ETP platform, which includes 102 ETPs covering 74 unique digital assets, creates a structurally efficient environment where capital allocation decisions are driven by asset fundamentals rather than execution constraints [8][10]. Group 3: Business Model and Future Plans - The DVIO Index supports Valour's broader business objectives by providing a unifying narrative for engaging global investors and offering subscription-based access to insights derived from the Index [16][17]. - DeFi Technologies plans to expand the platform by developing a DVIO index-derived analytics terminal and enabling third-party asset managers to create index-linked products, reinforcing the Index's role as a market reference [17][20]. Group 4: Unique Positioning - DeFi Technologies, through Valour, is uniquely positioned to launch the DVIO Index due to its extensive and diverse digital asset ETP offerings, which reflect actual investor decisions rather than theoretical models [21][22].

Core Viewpoint - DeFi Technologies Inc. has announced a strategic partnership with MERGE to host the DeFi Technologies Insights Symposium in São Paulo on March 16, 2026, aiming to bridge traditional capital markets and decentralized finance [1][6] Group 1: Event Details - The MERGE conference is expected to attract over 5,000 attendees, featuring four stages and more than 300 speakers from the crypto and fintech ecosystem [2] - The DeFi Technologies Insights Symposium will focus on the impact of digital assets, real-world assets, blockchain, quantum technologies, and artificial intelligence across various markets [3] - The São Paulo program includes three key events: the Symposium on March 16, an invitation-only institutional gathering on March 17, and the main MERGE conference on March 18-19 [7][6] Group 2: Market Engagement - Brazil is identified as a core market for DeFi Technologies and Valour, with Valour having launched a suite of digital asset ETPs in Brazil in December 2025 [5][8] - The partnership with MERGE reflects a long-term commitment to engaging Brazilian institutional investors and market participants [9][8] - The collaboration will extend to MERGE Madrid in October 2026, emphasizing ongoing institutional dialogue and market education [9][10] Group 3: Strategic Goals - The partnership aims to deepen engagement with advisors, institutions, and market participants in Brazil, enhancing education around regulated access to digital assets [9] - DeFi Technologies and Valour seek to foster collaboration between traditional finance and decentralized technologies, contributing to the development of global digital asset markets [10]