Core Viewpoint - DeFi Technologies Inc. is launching the DeFi Technologies Insights Symposium to facilitate discussions on the convergence of decentralized finance (DeFi) and traditional finance (TradFi) [1][2][4] Group 1: Symposium Overview - The DeFi Technologies Insights Symposium is a global initiative aimed at fostering high-level discussions about the future of finance, with the inaugural session scheduled for September 25, 2025, in Frankfurt, Germany [1][2] - The symposium will gather institutional investors, regulators, technologists, and thought leaders to explore the integration of DeFi and TradFi across various markets and regulatory frameworks [2][4] - Future sessions of the symposium are planned in major financial centers including Abu Dhabi, Hong Kong, São Paulo, London, New York, and Zurich, focusing on regional dynamics while maintaining a global perspective [5] Group 2: Audience and Content - The inaugural session will feature a curated, invite-only audience of institutional stakeholders such as sovereign wealth funds, central banks, and asset managers [6] - Attendees can expect keynotes, private roundtables, and strategic panels covering topics like regulatory pathways for DeFi integration, institutional access to on-chain yield, and the implications of quantum computing on digital asset infrastructure [7][6] Group 3: Company Mission and Ecosystem - DeFi Technologies aims to bridge traditional capital markets with the emerging digital asset economy, positioning itself as a key platform in the transition towards a more integrated financial landscape [4][9] - The symposium is part of the company's broader strategic initiative to align its ecosystem with the evolving demands of institutional capital and public market participants [9]

Core Insights - Digital asset Exchange Traded Products (ETPs) have reached a record-breaking $200 billion in assets under management (AUM) as of July, driven by strong market performance and increasing institutional demand [1][2] Market Performance - The strong performance of major digital assets, including Bitcoin reaching its all-time high and Ethereum trading near its peak, has significantly contributed to the increase in AUM [2] - Ethereum ETPs saw a remarkable 87% surge in AUM in July, with Ethereum's price increasing by 48% during the month and over 25% in the first weeks of August, leading to a price doubling over six weeks [3][4] Institutional Interest - There has been a notable rise in interest from institutional investors, particularly in digital asset treasury strategies, with Ethereum and Bitcoin being key focuses [4] - Since early 2023, AUM for crypto ETPs has increased tenfold, indicating a rapid maturation of the market, with a fourfold increase in AUM and a 50% rise in the number of products listed worldwide following the approval of Bitcoin and Ethereum ETFs [6] Investor Behavior - The decline in Bitcoin dominance by about 8% in the last four weeks suggests a shift in investor risk appetite, typical during "alt seasons" where altcoins outperform Bitcoin [5] - Altcoin-linked ETPs have outperformed basket products, reflecting changing dynamics in investor preferences [5] Regulatory Environment - Improving regulatory clarity is expected to lead to the introduction of new digital asset ETP products, particularly in the US, where Bitcoin and Ethereum spot products have recently been approved [7] - In Europe, the focus is shifting towards diversifying yield sources and optimizing yield, with expectations for a new wave of yield optimization products [8]

Financial Data and Key Metrics Changes - In Q2 2025, total revenues were $300,000, a decrease from $800,000 in Q2 2024, primarily due to lower charger hardware sales [16] - Year-to-date revenues through June 30, 2025, were $1,200,000 compared to $1,600,000 for the same period last year [16] - Margins on products, services, and grant revenues improved to 60.6% in Q2 2025 from 24.9% in Q2 2024, driven by a higher mix of service revenues [17] - Net loss attributable to common stockholders increased to $13,400,000 in 2025 from $4,200,000 in 2024, largely due to one-time expenses [21] - Cash as of June 30, 2025, was approximately $1,800,000, an increase of $600,000 from March 31, 2024 [22] Business Line Data and Key Metrics Changes - Hardware revenue was low due to the transition to new charging station models, with expectations to return to normal in Q3 [13] - The company decommissioned 4.4 megawatts of stationary batteries in Japan and 2.5 megawatts in California, leading to a 19.5% decrease in megawatts under management to 25.6 megawatts [23][24] - The acquisition of Thermador Energy LLC is expected to enhance efficiencies and services by year-end [11] Market Data and Key Metrics Changes - The company is focusing on expanding its energy business in Japan and Europe, with Nuvi Japan receiving its first private investment [8] - The New Mexico contract represents a potential opportunity exceeding $400,000,000 in capital expenditures over the next four years [9] Company Strategy and Development Direction - The company is strategically positioned at the intersection of energy, artificial intelligence, and cryptocurrency, aiming to capitalize on opportunities in these sectors [27] - The restructuring of the energy business and integration of recent acquisitions are key focuses for future growth [27] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about leading the energy management transition globally and capitalizing on opportunities in the cryptocurrency and blockchain economy [27] - The company is actively pursuing battery aggregation services in Japan to enhance disaster preparedness and resilience [24] Other Important Information - The company raised $6,900,000 in gross proceeds through debt and equity to support growth initiatives [15] - A $300,000,000 shelf registration was filed to support the digital asset strategy [15] Q&A Session Summary Question: Are there any questions from the participants? - There were no questions during the call [29]

Core Insights - DeFi Technologies Inc. reported strong financial performance for Q2 2025, with adjusted revenues of US$32.1 million, adjusted EBITDA of US$21.6 million, and adjusted net income of US$17.4 million, indicating robust operational performance and sustained revenue growth [6][8][11] Financial Highlights - As of June 30, 2025, the total value of cash and digital asset treasury was US$52.4 million, with a consolidated cash balance of approximately US$26.4 million [3][6] - Valour's assets under management (AUM) reached approximately US$772.8 million as of June 30, 2025, increasing to US$947 million by July 31, 2025, reflecting a 23% month-over-month increase [4][6] - The company achieved positive net inflows of US$25 million for the quarter and a total of US$77.4 million for the first half of 2025 [4][6] Strategic and Business Developments - Leadership changes included the appointment of Andrew Forson as President and Chief Growth Officer, and Dr. Manfred Knof as Chairman of Valour, aimed at accelerating global growth and strengthening institutional relationships [5][6] - The company raised its 2025 revenue guidance to approximately US$218.6 million, driven by strong performance in its asset management business and favorable market conditions [6][11] Revenue and Profitability - Adjusted revenues increased from US$25.3 million in Q2 2024 to US$32.1 million in Q2 2025, attributed to staking income, management fees, and a significant arbitrage trade [6][11] - Adjusted net income improved from a loss of US$6.1 million in Q2 2024 to a profit of US$17.4 million in Q2 2025 [6][11] Institutional Investor Engagement - Since early July 2025, the company added 78 institutional shareholders, bringing the total to 84, collectively holding over 31 million shares [10][11] Product and Market Expansion - Valour launched 14 new ETPs during the quarter, expanding its Nordic presence and aiming for a total of 100 ETPs by year-end [12][15] - The company is expanding into African capital markets with the Kenya Digital Exchange and into Türkiye with regulated ETPs, targeting high-growth regions [12][16] Performance of Subsidiaries - Stillman Digital generated US$6.1 million in revenue since its acquisition, focusing on expanding business development and enhancing trading capabilities [20][21] - Neuronomics AG advanced its AI-powered trading strategy and secured a validator node in the Canton Network, enhancing its market position [33][37] Research and Advisory Developments - Reflexivity Research expanded its distribution channels and updated its product offerings, aiming to enhance scalability and reach [40][41]

Core Insights - DeFi Technologies Inc. reported strong financial performance for Q2 2025, with significant growth in revenue, adjusted EBITDA, and net income, reflecting robust operational performance and investor demand [6][8][11] Financial Highlights - The total value of cash and digital asset treasury stood at US$52.4 million as of June 30, 2025, with a diversified mix to manage volatility and capitalize on market opportunities [3] - Adjusted revenue for Q2 2025 was US$32.1 million, up from US$25.3 million in Q2 2024, driven by staking income, management fees, and a significant arbitrage trade [6][11] - Adjusted EBITDA reached US$21.6 million, compared to a negative US$2.5 million in Q2 2024, indicating strong profitability from core operations [6][11] - Adjusted net income was US$17.4 million, a significant improvement from a loss of US$6.1 million in Q2 2024 [6][11] AUM & Net Inflows - Valour's assets under management (AUM) were approximately US$772.8 million as of June 30, 2025, increasing to US$947 million by July 31, 2025, reflecting a 23% month-over-month growth [4][6] - Positive net inflows of US$25 million were recorded for the three months ended June 30, 2025, with total inflows of US$77.4 million for the first half of 2025 [4][6] Strategic and Business Developments - Leadership changes included the appointment of Andrew Forson as President and Chief Growth Officer, and Dr. Manfred Knof as Chairman of Valour, enhancing institutional relationships [5] - The company raised its 2025 revenue guidance to approximately US$218.6 million, driven by strong performance in asset management and favorable market conditions [6][11] - DeFi Technologies has added 78 institutional shareholders since early July, bringing the total to 84, collectively holding over 31 million shares [10] Product and Market Expansion - Valour launched 14 new ETPs during the quarter, expanding its Nordic presence and aiming for 100 total listings by year-end [12][15] - The company is expanding into African capital markets with the Kenya Digital Exchange (KDX) and entering the Turkish market with regulated ETPs [12][16] - Stillman Digital is enhancing its institutional trading capabilities through strategic hires and partnerships, focusing on foreign exchange and stablecoin services [21][22] Performance of Subsidiaries - Stillman Digital generated US$6.1 million in revenue since its acquisition, with a focus on expanding its global reach and trading capabilities [20][21] - Neuronomics AG advanced its AI-powered trading strategy, SmartCrypto, and secured a validator node in the Canton Network, enhancing its market position [36][37] - Reflexivity Research expanded its distribution channels and updated its product offerings to better align with market demand [40][41]

Core Insights - Virtune achieved its most successful half-year financial results with an adjusted EBITDA margin of 20% despite market turbulence [1] - The company reported a net revenue growth of 458% compared to the previous period [6] Financial Performance - Adjusted EBITDA amounted to 6,037 KSEK, a significant improvement from -8,290 KSEK [2] - Net revenue reached 30,178 KSEK, up from 5,408 KSEK [6] - Operating profit before depreciation (EBITDA) was 5,320 KSEK, compared to -8,290 KSEK previously [6] - Operating profit (EBIT) stood at 5,088 KSEK, improving from -8,522 KSEK [6] - Net profit for the period was 4,668 KSEK, a recovery from -9,118 KSEK [6] - Earnings per share before dilution were SEK 0.73, up from -1.52 SEK, and after dilution were SEK 0.66, also an improvement from -1.52 SEK [6] - Cash flow from operating activities was 3,358 KSEK, compared to -11,980 KSEK previously [6] Assets and Inflows - Assets under management (AUM) at the end of the period amounted to 3,140,823 KSEK, a significant increase from 809,082 KSEK [6] - The net inflow for the period was 1,389,609 KSEK, compared to 559,864 KSEK in the previous period [6] Strategic Outlook - The CEO emphasized the company's long-term preparation for market expansion, focusing on compliance, operational procedures, and automation to support sustained growth [3]

Core Insights - DeFi Technologies Inc. will hold a shareholder call on August 15, 2025, to discuss its Q2 2025 financial performance [1] - The call will occur after the release of the company's financial statements on August 14, 2025 [1] Company Overview - DeFi Technologies is a financial technology company that connects traditional capital markets with decentralized finance (DeFi) [2] - It is the first Nasdaq-listed digital asset manager, providing equity investors with diversified exposure to the decentralized economy through an integrated business model [2] - The company's subsidiaries include Valour, Stillman Digital, Reflexivity Research, Neuronomics, and DeFi Alpha, each focusing on different aspects of digital assets and financial technology [2][3][4][5] Subsidiary Highlights - **Valour**: Issues exchange-traded products (ETPs) that allow retail and institutional investors to access digital assets securely [3] - **Stillman Digital**: A digital asset liquidity provider offering trade execution and settlement solutions [4] - **Reflexivity Research**: Specializes in high-quality research reports for the bitcoin and digital asset industry [4] - **Neuronomics**: Focuses on AI-powered quantitative trading strategies to enhance performance in financial markets [5]

DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) is a financial technology company bridging the gap between traditional capital markets and decentralized finance ("DeFi"). As the first Nasdaq- listed digital asset manager of its kind, DeFi Technologies offers equity investors diversified exposure to the broader decentralized economy through its integrated and scalable business model. This includes Valour, which offers access to over seventy of the world's most innovative digital assets via re ...

Core Insights - DeFi Technologies Inc. reported a significant increase in assets under management (AUM) for its subsidiary Valour, reaching US$947 million (C$1.3 billion) as of July 31, 2025, reflecting a 23% month-over-month growth driven by rising digital asset prices and net inflows [1][3][5] - Valour achieved net inflows of US$14.4 million (C$19.9 million) in July, marking its second strongest month of the year, contributing to a total year-to-date inflow of US$90.4 million (C$125.4 million) [2][3][5] - The company continues to expand its product offerings and geographic reach, with plans to launch additional ETPs and enter high-growth emerging markets [8][16][17] Financial Performance - Valour generated staking and lending income of US$10.0 million (C$14.0 million) and management fees of US$2.6 million (C$3.6 million) in Q1 2025, showcasing the strength of its revenue model [5] - As of July 31, 2025, the company maintained a total cash, USDT, and treasury balance of US$90.5 million (C$124.6 million), including a 21.4% increase in cash and USDT month-over-month [9] - The digital asset treasury was valued at approximately US$73.5 million (C$101.2 million), representing a 52% increase from the prior month [9] Product and Market Expansion - Valour's top ETPs by AUM include Bitcoin (BTC), Solana (SOL), and Ethereum (ETH), highlighting its leadership in providing access to diverse digital assets [11][12] - The company launched eight new SEK-denominated ETPs on Sweden's Spotlight Stock Market, surpassing 75 listed ETPs and expanding its Nordic footprint [16] - Valour entered the Swiss market with new staking ETPs for Hedera (HBAR) and Internet Computer (ICP), further broadening its regulated product suite [17] Strategic Developments - DeFi Technologies launched a DeFi Advisory business line to manage digital asset treasury solutions for public companies, starting with Nuvve Holding Corp. [18] - The company announced the commencement of options trading for its common stock on the Nasdaq Options Market, providing investors with additional risk management tools [20] - Stillman Digital processed US$1.95 billion in trading volume and formed a strategic partnership with Ozean to enhance institutional adoption of Real-World Assets (RWAs) [10]

Core Viewpoint - CEA Industries Inc. has successfully closed a $500 million private placement to implement a BNB-focused treasury strategy, aiming to adopt BNB as its primary treasury reserve asset [1][2] Group 1: Private Placement and Treasury Strategy - The private placement offering, led by YZi Labs, consists of a common equity PIPE delivering $500 million in gross proceeds, with the potential for an additional $750 million from exercised warrants [1] - The net proceeds from the offering will be used to purchase BNB, marking a significant step in the company's treasury strategy [2][11] Group 2: Ticker Symbol Change - Starting August 6, 2025, the company's common stock will trade under the new ticker symbol "BNC," reflecting its strategic alignment with the BNB Chain ecosystem [2] - The change in ticker symbol is part of a broader strategy to enhance treasury growth and provide transparent access to the blockchain network [2] Group 3: Management and Advisory Team - David Namdar, co-founder of Galaxy Digital, has been appointed as CEO, while Russell Read, former CIO of CalPERS, joins as CIO [5] - 10X Capital will serve as the asset manager for the BNB treasury strategy, supported by YZi Labs [3] Group 4: Investor Participation - Over 140 subscribers participated in the offering, including notable institutional and crypto-native investors such as Pantera Capital and Blockchain.com [4] Group 5: Company Overview - CEA Industries Inc. is focused on building a BNB-focused Digital Asset Treasury, providing institutional-grade treasury strategy and SEC-compliant reporting [10] - The company aims to maintain transparency with the SEC and investors regarding its BNB acquisitions and treasury growth [11]