DeFi Technologies Inc(DEFT)
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DeFi Technologies and Valour Mark Strategic Entry into Brazil With Bell-Ringing Ceremony at B3 Exchange
Prnewswire· 2025-12-23 12:30
Core Viewpoint - DeFi Technologies Inc. has successfully launched Brazilian Depositary Receipts (BDRs) and five digital asset exchange traded products (ETPs) on the B3 Exchange, marking a significant step in its international expansion strategy into Brazil [1][2][6] Group 1: Product Launch and Market Entry - The launch was celebrated with a bell-ringing ceremony at the B3 Exchange in São Paulo on December 19, 2025, highlighting the importance of this milestone for DeFi Technologies and its subsidiary Valour [2][6] - The newly listed products include DEFT31 BDRs representing DeFi Technologies' Nasdaq-listed shares and Valour's ETPs: BTCV (Bitcoin), ETHV (Ethereum), XRPV (XRP), VSOL (Solana), and VSUI (Sui) [7][8] - Brazilian investors can now access BRL-denominated, locally listed exposure to these digital assets through the same brokerage and custody infrastructure used for equities and ETFs [3][6] Group 2: Strategic Importance of Brazil - Brazil, with a population of approximately 213 million, is the most populous country in South America and represents a core pillar of DeFi Technologies' global expansion strategy due to its unified language and regulatory framework [4] - As Latin America's largest crypto economy, Brazil offers a mature regulatory environment for digital assets, providing a strong foundation for institutional-grade access to these assets [5][6] - The B3 listings signify Valour's first move outside Europe, establishing a scalable platform for further growth across Latin America and other high-growth markets [8][9] Group 3: Management Commentary - The CEO of DeFi Technologies emphasized the strategic importance of Brazil and the listings as a step closer to making regulated, exchange-traded digital asset exposure available to investors in significant financial centers [9] - The President of DeFi Technologies noted that this launch aligns product access and corporate access in a single market, showcasing the commitment to expanding into Brazil [9]
The Gross Law Firm Reminds DeFi Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 30, 2026 – DEFT
Globenewswire· 2025-12-22 20:54
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 that negatively impacted the company's stock value during the specified class period [1][3]. 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 [3]. - It is claimed that the company understated the competition it faced from other digital asset treasury companies, which adversely affected its ability to execute its DeFi arbitrage strategy [3]. - As a result of these issues, the company was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [3]. - The defendants allegedly downplayed the true scope and severity of the negative impacts on DeFi Technologies' business and financial results [3]. - Public statements made by the defendants were materially false and misleading throughout the class period [3]. Group 2: Class Action Details - The class period for the lawsuit is from May 12, 2025, to November 14, 2025 [3]. - 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's status [4]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to 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].
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages DeFi Technologies, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DEFT
Globenewswire· 2025-12-22 20:05
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of DeFi Technologies, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased DeFi Technologies securities between May 12, 2025, and November 14, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6] - The deadline to move the Court to serve as lead plaintiff is January 30, 2026, with the lead plaintiff acting on behalf of other class members [3] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [4] Group 3: Case Allegations - The lawsuit alleges that DeFi Technologies made false and misleading statements regarding delays in executing its DeFi arbitrage strategy, which was a key revenue driver [5] - It is claimed that the company understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its strategy [5] - The lawsuit asserts that DeFi Technologies was unlikely to meet its revenue guidance for fiscal year 2025 due to these issues, leading to materially false public statements [5]
DeFi Technologies Provides Clarifying Update on Share Ownership and Depository Imbalances and Outlines Next Steps and Announces Resignation of Director
Prnewswire· 2025-12-22 12:30
Core Viewpoint - DeFi Technologies is addressing share ownership and depository imbalances that were previously disclosed, aiming to provide transparency and rectify trading irregularities identified through reports from Shareholder Intelligence Services [1][2][3]. Group 1: Share Ownership and Trading Irregularities - The company engaged Shareholder Intelligence Services in June 2025 to analyze shareholder data and understand trading and beneficial ownership of its common shares [2]. - Reports received indicated persistent differences in share positions reported by broker-dealers to intermediaries, highlighting ongoing imbalances in both the U.S. and Canada [3][4]. - The company has contacted 14 broker-dealers with significant imbalances to request reconciliations, receiving responses attributing discrepancies to various factors such as settlement timing and securities lending [4]. Group 2: Impact on Shareholder Meeting - Based on the information reviewed, the company believes that the identified share ownership imbalances did not affect the voting results at the 2025 shareholder meeting due to the quantum of imbalances and quorum [5]. Group 3: Management Changes - The company announced the resignation of Stefan Hascoet from the board of directors, who had served since June 2023, and expressed appreciation for his contributions [6]. Group 4: Company Overview - DeFi Technologies is a financial technology company that bridges traditional capital markets and decentralized finance, offering diversified exposure to the decentralized economy through various subsidiaries [7]. - The company operates Valour, which provides access to digital assets via regulated exchange-traded products, and Stillman Digital, a digital asset prime brokerage [8][9].
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· 2025-12-22 09:00
Core Viewpoint - DeFi Technologies (NASDAQ: DEFT) is facing allegations of issuing materially false and misleading statements regarding its business operations and financial performance during the class period from May 12, 2025, to November 14, 2025 [1] Group 1: Allegations Against DeFi Technologies - The complaint alleges that DeFi Technologies was experiencing delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [1] - The company allegedly understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [1] - As a result of these issues, DeFi Technologies was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [1] - The defendants are accused of downplaying the true scope and severity of the negative impacts on the company's 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 - Shareholders who purchased shares of DEFT during the specified class period are encouraged to register for the class action, with a deadline of January 30, 2026, to seek lead plaintiff status [2] - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2] - Participation in the case incurs no cost or obligation for the shareholders [2] Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit, fraud, and illegal business practices [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3]
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at DeFi Technologies
Businesswire· 2025-12-21 14:53
Core Viewpoint - DeFi Technologies Inc. is under investigation for potential securities law violations, with a class action lawsuit filed against the company, highlighting significant issues related to its revenue guidance and competition in the market [1][3]. Group 1: Allegations and Financial Impact - The complaint alleges that DeFi Technologies and its executives made false or misleading statements regarding delays in executing their DeFi arbitrage strategy, which is crucial for revenue generation [3]. - The company reportedly understated the competition it faced from other Digital Asset Trading (DAT) companies, which negatively impacted its ability to execute its arbitrage strategy [3]. - Due to these issues, DeFi Technologies is unlikely to meet its previously issued revenue guidance for fiscal year 2025, leading to a downplaying of the negative impacts on its business and financial results [3]. Group 2: Stock Price Reaction - Following a press release on November 6, 2025, regarding an arbitrage trade, DeFi Technologies' stock price fell by $0.13 per share, or 7.43%, closing at $1.62 [4]. - On November 14, 2025, the company reported a nearly 20% revenue decline, significantly lowering its 2025 revenue forecast from $218.6 million to approximately $116.6 million, which led to a further stock price drop of $0.40 per share, or 27.59%, closing at $1.05 [5][6]. Group 3: Legal Proceedings - The deadline for investors to seek the role of lead plaintiff in the class action lawsuit is January 30, 2026, with the lead plaintiff being the investor with the largest financial interest in the case [1][7]. - Faruqi & Faruqi, LLP is encouraging individuals with information regarding DeFi Technologies' conduct to come forward, including whistleblowers and former employees [8].
DEFT SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of DeFi Technologies
Globenewswire· 2025-12-20 12:38
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 [4][6]. Group 1: Allegations and Financial Impact - The complaint alleges that DeFi Technologies and its executives made false and misleading statements regarding delays in executing its DeFi arbitrage strategy, which is a key revenue driver [6]. - The company reportedly understated the competition it faced from other digital asset trading (DAT) companies, which adversely affected its ability to execute its arbitrage strategy [6]. - As a result of these issues, DeFi Technologies was unlikely to meet its previously issued revenue guidance for fiscal year 2025 [6]. Group 2: Stock Performance and Financial Results - Following a press release on November 6, 2025, regarding an arbitrage trade, DeFi Technologies' stock price fell by $0.13 per share, or 7.43%, closing at $1.62 per share [7]. - On November 14, 2025, the company reported a nearly 20% decline in revenue, significantly lowering its 2025 revenue forecast from $218.6 million to approximately $116.6 million due to delays in executing arbitrage opportunities [8]. - After these disclosures, DeFi Technologies' stock price dropped by $0.40 per share, or 27.59%, closing at $1.05 per share on November 17, 2025 [9]. Group 3: Legal Proceedings and Class Action - 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 federal securities class action [4][10]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought by the class, who will direct and oversee the litigation on behalf of the class [10].
DeFi Technologies Inc. Notice of January 30, 2026 Application Deadline for Class Action Lawsuit- Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline
Prnewswire· 2025-12-20 03:53
Core Viewpoint - A class action securities lawsuit has been filed against DeFi Technologies Inc. due to alleged securities fraud affecting investors between May 12, 2025, and November 14, 2025 [1][2]. Summary by Sections Class Definition - The lawsuit aims to recover losses for investors adversely affected by alleged securities fraud during the specified period [2]. Case Details - On November 13, 2025, DeFi Technologies announced its third-quarter financial results, revealing a nearly 20% decline in revenue, significantly below market expectations. The company also revised its 2025 revenue forecast from $218.6 million to approximately $116.6 million, citing delays in executing DeFi Alpha arbitrage opportunities due to increased competition and consolidation in digital asset price movements [3]. - Following this announcement, DeFi's share price dropped by $0.40, or 27.59%, closing at $1.05 per share on November 17, 2025 [3]. Legal Information - The case is identified as Linkedto Partners LLC v. DeFi Technologies Inc., et al., No. 25-cv-06637. Investors have until January 30, 2026, to request to be appointed as lead plaintiff, although participation in any recovery does not require this status [4]. About Kahn Swick & Foti, LLC - Kahn Swick & Foti, LLC is a prominent boutique securities litigation law firm, recognized among the top 10 firms nationally based on total settlement value. The firm represents a diverse range of clients, including institutional and retail investors, in seeking recoveries for investment losses due to corporate fraud [4].
Did You Lose Money in Your DeFi Technologies Inc. Investment? Contact Robbins LLP for Information About Your Rights Against DEFT.
Businesswire· 2025-12-19 19:17
Core Viewpoint - A class action has been filed against DeFi Technologies Inc. for allegedly misleading investors about its business prospects during the class period from May 12, 2025, to November 14, 2025 [2][3] Group 1: Allegations - The complaint alleges that DeFi Technologies failed to disclose 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 (DAT) companies, impacting its ability to execute its strategy [3] - As a result of these issues, DeFi Technologies was unlikely to meet its previously issued revenue guidance for fiscal year 2025 [3] Group 2: Financial Impact - On November 14, 2025, DeFi Technologies reported a revenue decline of nearly 20%, significantly below market expectations [4] - The company lowered its 2025 revenue forecast from $218.6 million to approximately $116.6 million, citing delays in executing DeFi Alpha arbitrage opportunities [4] - Following these disclosures, the stock price fell by $0.40 per share, or 27.59%, closing at $1.05 per share on November 17, 2025 [4] Group 3: Legal Actions - Shareholders wishing to serve as lead plaintiff in the class action must submit their papers by January 30, 2026 [5] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [5]
Levi & Korsinsky Notifies DeFi Technologies Investors of a Class Action Lawsuit and Upcoming Deadline - DEFT
Prnewswire· 2025-12-19 14:00
Core Viewpoint - DeFi Technologies is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between May 12, 2025, and November 14, 2025 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that DeFi Technologies made false statements regarding delays in executing its DeFi arbitrage strategy, which is a key revenue driver for the company [2]. - It is alleged that the company understated the competition it faced from other digital asset treasury companies, which adversely affected its ability to execute its DeFi arbitrage strategy [2]. - As a result of these issues, DeFi Technologies is unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [2]. - The defendants are accused of downplaying the negative impact of these issues on the company's 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]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky has a strong track record, having secured hundreds of millions of dollars for shareholders and being recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].