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Pomerantz Law Firm Announces the Filing of a Class Action Against DeFi Technologies Inc. and Certain Officers - DEFT
Prnewswire· 2026-01-15 15:00
Core Viewpoint - A class action lawsuit has been filed against DeFi Technologies Inc. and certain officers for alleged violations of federal securities laws during the Class Period from May 12, 2025, to November 14, 2025, seeking damages for affected investors [1]. Company Overview - DeFi Technologies is a technology and digital asset treasury company that develops exchange-traded products in Canada, tracking the value of decentralized finance protocols and offering asset management services [3][4]. - The company was previously known as Valour Inc. and changed its name in July 2023, with its headquarters located in Toronto, Canada [4]. Business Segments - DeFi Technologies operates five business segments, including DeFi Alpha, which focuses on identifying low-risk arbitrage opportunities within the cryptocurrency market [5]. - The company has emphasized that DeFi Alpha consistently drives revenues and aims to mitigate revenue volatility through its operations [6]. Financial Performance - At the beginning of the Class Period, DeFi Technologies projected full-year 2025 revenue of approximately C$285.6 million (US$201.07 million), indicating significant growth from 2024 [6]. - On August 14, 2025, the company raised its revenue guidance for 2025 to US$218.6 million, highlighting the ongoing execution of DeFi Alpha's arbitrage opportunities [6]. - However, on November 14, 2025, the company reported a nearly 20% revenue decline, revising its revenue forecast down to approximately US$116.6 million due to delays in executing its arbitrage strategy [11]. Stock Market Reaction - Following the announcement of a significant revenue decline and the departure of CEO Olivier Roussy Newton, DeFi Technologies' stock price fell by 27.59% over two trading sessions, closing at US$1.05 per share [12].
Shareholders that lost money on DeFi Technologies(DEFT) Urged to Join Class Action – Contact The Gross Law Firm to Learn More
Globenewswire· 2026-01-15 00:00
Core Viewpoint - The Gross Law Firm is notifying shareholders of DeFi Technologies (NASDAQ: DEFT) about a class action lawsuit due to alleged misleading statements and omissions regarding the company's financial performance and competitive position during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from May 12, 2025, to November 14, 2025 [3]. - Allegations include that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver [3]. - The company allegedly understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its strategy [3]. - As a result of these issues, the company was unlikely to meet its revenue guidance for fiscal year 2025 [3]. - The defendants are accused of downplaying the negative impacts on the company's business and financial results, leading to materially false and misleading public statements [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by January 30, 2026, to potentially be appointed as lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Pomerantz Law Firm Announces the Filing of a Class Action Against DeFi Technologies Inc. and Certain Officers – DEFT
Globenewswire· 2026-01-13 20:20
Core Viewpoint - A class action lawsuit has been filed against DeFi Technologies Inc. and certain officers for alleged violations of federal securities laws during the Class Period from May 12, 2025, to November 14, 2025, seeking damages for affected investors [1] Company Overview - DeFi Technologies is a technology and digital asset treasury company that develops exchange-traded products in Canada, tracking the value of decentralized finance protocols and offering asset management services [4] - The company was previously known as Valour Inc. and changed its name to DeFi Technologies Inc. in July 2023, with its headquarters in Toronto, Canada [5] Business Segments - DeFi Technologies operates five business segments, including DeFi Alpha, which is described as a specialized arbitrage trading desk aimed at capitalizing on low-risk arbitrage opportunities within the cryptocurrency market [6] Financial Performance and Guidance - At the beginning of the Class Period, DeFi Technologies projected full-year 2025 revenue of approximately C$285.6 million (US$201.07 million), indicating significant growth from 2024 [7] - On August 14, 2025, the company raised its revenue guidance for 2025 to US$218.6 million, emphasizing the advantages of its DeFi Alpha operations [7] - However, on November 14, 2025, the company reported a nearly 20% revenue decline, lowering its revenue forecast from US$218.6 million to approximately US$116.6 million due to delays in executing its arbitrage strategy [12] Stock Performance - Following the announcement of the revenue decline and the departure of CEO Olivier Roussy Newton, DeFi Technologies' stock price fell by 27.59%, closing at US$1.05 per share on November 17, 2025 [13]
DeFi Technologies Highlights Record Net Inflows at Valour in 2025, Underscoring Core Business Momentum Beyond AUM Price Volatility
Prnewswire· 2026-01-12 12:30
Core Insights - DeFi Technologies Inc. has reported record net inflows into its Valour exchange-traded products (ETPs) in 2025, achieving $138.2 million, the highest annual total on record, despite challenging market conditions [2][4][12] - Valour has maintained a consistent growth trajectory with no months of net outflows, indicating strong client adoption and demand for regulated access to digital assets [2][4][3] - The company ended 2025 with 102 listed ETPs, making it the most diversified regulated digital asset product suite globally, allowing investors to access a broad range of digital assets beyond Bitcoin [3][5][6] Financial Performance - Valour's net inflows for 2025 included $116.2 million through Q3 and an estimated $22.0 million in Q4, showcasing resilience in demand even during a bear market [2][3] - As of September 30, 2025, Valour reported approximately $989.1 million in assets under management (AUM) [3] - The company anticipates that as AUM grows, it will enhance monetization potential, with blended management and staking yields estimated at 5 to 7 percent, alongside additional revenue from trading fees and other operations [13][3] Business Model and Strategy - Valour operates as a fully integrated issuer, monetizing across the entire lifecycle of digital asset product issuance, which differentiates it from traditional asset managers [7][14] - The company is focused on expanding its product offerings and geographic distribution, having made strides in regulated markets such as the London Stock Exchange and SIX Swiss Exchange, and establishing a presence in Brazil [15][16] - Future product innovations include second-generation offerings designed for institutional compatibility, which aim to broaden distribution and enhance liquidity [16][15]
Levi & Korsinsky Notifies Shareholders of DeFi Technologies (DEFT) of a Class Action Lawsuit and an Upcoming Deadline
Globenewswire· 2026-01-09 20:57
NEW YORK, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in DeFi Technologies ("DeFi Technologies" or the "Company") (NASDAQ: DEFT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of DeFi Technologies investors who were adversely affected by alleged securities fraud between May 12, 2025 and November 14, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/defi-te ...
Deadline Alert: DeFi Technologies Inc. (DEFT) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2026-01-09 18:45
Core Viewpoint - DeFi Technologies Inc. is facing a class action lawsuit due to significant declines in stock price and alleged misleading statements regarding its business operations and financial forecasts during the Class Period from May 12, 2025, to November 14, 2025 [1][5]. Financial Performance - On November 14, 2025, DeFi reported a revenue decline of nearly 20% and significantly lowered its 2025 revenue forecast, attributing this to delays in executing its arbitrage strategy and increased competition from other digital asset treasury companies [3]. - Following the announcement of the financial results, DeFi's stock price fell by $0.40, or 27.6%, closing at $1.05 per share on November 17, 2025 [4]. Company Operations - DeFi's specialized arbitrage trading desk, DeFi Alpha, indicated that its digital asset treasuries had absorbed or delayed a significant share of arbitrage opportunities over the past year, which contributed to the stock price decline of $0.13, or 7.4%, on November 6, 2025 [2]. - The CEO of DeFi announced a transition from his role to an advisory position, further impacting investor confidence [3]. Legal Proceedings - The class action lawsuit alleges that DeFi's management made materially false and misleading statements and failed to disclose critical information regarding the company's operational challenges and competitive landscape [5]. - Investors who purchased DeFi securities during the Class Period are encouraged to file a lead plaintiff motion by January 30, 2026, to participate in the lawsuit [6].
DeFi Technologies Sued for Securities Law Violations - Contact The Gross Law Firm Before January 30, 2026 to Discuss Your Rights - DEFT
Prnewswire· 2026-01-08 14:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of DeFi Technologies (NASDAQ: DEFT) regarding a class action lawsuit due to alleged misleading statements and omissions that negatively impacted the company's financial performance during the specified class period [1]. Group 1: Allegations - The complaint alleges that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [1]. - It is claimed that DeFi Technologies understated the competition it faced from other digital asset treasury companies, which adversely affected its ability to execute its DeFi arbitrage strategy [1]. - The company is alleged to be unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to the aforementioned issues [1]. - Defendants are accused of downplaying the true scope and severity of the negative impacts on DeFi Technologies' business and financial results [1]. - As a result, the public statements made by the defendants were materially false and misleading throughout the class period [1]. Group 2: Class Action Details - Shareholders who purchased shares of DEFT during the class period from May 12, 2025, to November 14, 2025, are encouraged to register for the class action [2]. - The deadline for shareholders to seek lead plaintiff status is January 30, 2026, and there is no cost or obligation to participate in the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who incurred losses from misleading statements or omissions that led to artificial inflation of stock prices [3].
INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of DeFi Technologies
Prnewswire· 2026-01-06 15:34
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against DeFi Technologies Inc. due to allegations of violations of federal securities laws, particularly concerning misleading statements and undisclosed operational challenges that have negatively impacted the company's financial performance [2][4]. Group 1: Allegations and Financial Impact - The complaint alleges that DeFi Technologies and its executives made false and misleading statements regarding the company's DeFi arbitrage strategy, which is a key revenue driver [4]. - It is claimed that DeFi Technologies faced delays in executing its arbitrage strategy and underestimated competition from other digital asset trading (DAT) companies, which adversely affected its operations [4]. - As a result of these issues, the company was unlikely to meet its previously issued revenue guidance for fiscal year 2025, leading to a significant revenue forecast reduction from $218.6 million to approximately $116.6 million [6]. Group 2: Stock Price Reaction - Following the announcement of a revenue decline of nearly 20% and the lowered revenue forecast, DeFi Technologies' stock price fell by $0.40 per share, or 27.59%, closing at $1.05 per share on November 17, 2025 [6][7]. - Prior to this, on November 6, 2025, the stock had already dropped by $0.13 per share, or 7.43%, after a press release indicated delays in arbitrage opportunities [5]. Group 3: Legal Proceedings - Investors who suffered losses in DeFi Technologies are encouraged to contact Faruqi & Faruqi to discuss their legal rights, with a deadline of January 30, 2026, to seek the role of lead plaintiff in the class action lawsuit [2][8]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [8].
DEFT LAWSUIT ALERT: Levi & Korsinsky Notifies DeFi Technologies Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2026-01-06 14:00
Core Viewpoint - A class action securities lawsuit has been filed against DeFi Technologies, alleging securities fraud that affected investors between May 12, 2025, and November 14, 2025 [1]. Group 1: Allegations of Fraud - The lawsuit claims that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the Company [2]. - It is alleged that DeFi Technologies understated the competition from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [2]. - The complaint states that due to these issues, the Company was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [2]. - Defendants are accused of downplaying the negative impact of these issues on DeFi Technologies' business and financial results, leading to materially false and misleading public statements [2]. Group 2: Legal Process and Participation - Investors who suffered losses in DeFi Technologies during the relevant time frame have until January 30, 2026, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4].
DeFi Technologies Class Action: The Gross Law Firm Reminds DeFi Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 30, 2026 - DEFT
Prnewswire· 2026-01-05 14:00
Core Viewpoint - The Gross Law Firm is notifying shareholders of DeFi Technologies (NASDAQ: DEFT) about a class action lawsuit due to allegations of misleading statements and failure to disclose critical business challenges during a specified class period [1][2]. Group 1: Allegations Against DeFi Technologies - The complaint alleges that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [1]. - It is claimed that DeFi Technologies understated the competition from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [1]. - The company is unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to the aforementioned issues [1]. - Defendants allegedly downplayed the severity of the negative impacts on DeFi Technologies' business and financial results [1]. - Public statements made by the defendants were materially false and misleading throughout the class period [1]. Group 2: Class Action Details - The class period for the lawsuit is from May 12, 2025, to November 14, 2025 [1]. - Shareholders are encouraged to register for the class action by January 30, 2026, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2]. Group 3: About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].