- Valour, a subsidiary of DeFi Technologies, reported **$987 million in Assets Under Management (AUM)** as of **September 30, 2025**, reflecting a **1.3% month-over-month increase** and **$115.3 million in year-to-date net inflows**.  **[1888274_0001279569-25-001090_ex991.htm:0]** 
- DeFi Technologies closed a **US$100 million registered direct offering** in September 2025, with net proceeds intended for expanding Valour's ETP offerings, digital-asset activities, and potential acquisitions.  **[1888274_0001279569-25-001090_ex991.htm:1]** 
- The company initiated a **Normal Course Issuer Bid (NCIB)** on **August 22, 2025**, to repurchase up to **10% of its public float**, with **260,000 shares purchased by September 30, 2025**.  **[1888274_0001279569-25-001090_ex991.htm:1]** 
- Valour significantly expanded its product lineup by launching **thirteen new ETPs** on Sweden's Spotlight Stock Market and the **first Bitcoin Staking ETP** on the London Stock Exchange, increasing its total to **99 listed ETPs**.  **[1888274_0001279569-25-001090_ex991.htm:2]**

DeFi Technologies Reports Q3 2025 Valour AUM and Net Inflows, Details Strategic Developments

- DeFi Technologies Inc. **closed a US$100 million registered direct offering** on **September 26, 2025**, with several institutional investors, including cornerstone investor Galaxy Digital.  **[1888274_0001213900-25-092443_ea025891801ex99-6_defi.htm:1]** 
- The offering involved the purchase of **45,662,101 common shares** and warrants to acquire up to an additional **34,246,577 common shares** at a combined price of **US$2.19 per share** and three-quarters of a warrant.  **[1888274_0001213900-25-092443_ea025891801ex99-6_defi.htm:1]** 
- Each warrant has an exercise price of **US$2.63 per share** and is exercisable immediately, expiring on **September 26, 2028**.  **[1888274_0001213900-25-092443_ea025891801ex99-2_defi.htm:1]** **[1888274_0001213900-25-092443_ea025891801ex99-6_defi.htm:1]** 
- The company intends to use the net proceeds for **general corporate purposes**, including expanding exchange-traded product (ETP) offerings, pursuing digital asset trading, lending, staking, and funding potential acquisition opportunities.  **[1888274_0001213900-25-092443_ea025891801ex99-6_defi.htm:1]**

DeFi Technologies Inc. Closes US$100 Million Registered Direct Offering

- **DeFi Technologies Inc.** announced the pricing of an **oversubscribed US$100 million Registered Direct Offering**.  **[1888274_0001279569-25-001050_ex991.htm:0]** 
- The offering involves the sale of **45,662,101 shares of common stock** and warrants to purchase up to an additional **34,246,577 shares of common stock** to institutional investors, led by **Galaxy Digital**, at a combined purchase price of **US$2.19 per share** and three-quarters of one warrant.  **[1888274_0001279569-25-001050_ex991.htm:0]** 
- The warrants will have an exercise price of **US$2.63 per share** and will expire **3 years** from the date of issuance.  **[1888274_0001279569-25-001050_ex991.htm:0]** 
- The company expects to receive **US$100,000,000 in gross proceeds** from the offering, which will be used for **general corporate purposes, including funding working capital**.  **[1888274_0001279569-25-001050_ex991.htm:0]** 
- The offering is anticipated to close on **September 26, 2025**, subject to customary closing conditions and regulatory approvals.  **[1888274_0001279569-25-001050_ex991.htm:0]**

DeFi Technologies Announces Pricing of US$100 Million Registered Direct Offering

*   **DeFi Technologies Inc.** has announced a **strategic investment in and partnership with Canada Stablecorp Inc.** to scale **QCAD**, a Canadian-dollar stablecoin.  **[1888274_0001279569-25-001048_ex991.htm:0]** 
*   This collaboration aims to capitalize on the evolving Canadian regulatory landscape, with the Retail Payments Activities Act (RPAA) rules having taken effect on **September 8, 2025**, supporting compliant CAD-denominated digital money.  **[1888274_0001279569-25-001048_ex991.htm:0]** 
*   The partnership will involve **DeFi Technologies launching QCAD-integrated products through Valour**, utilizing Stillman Digital as a preferred liquidity provider, and developing a post-quantum security roadmap with BTQ.  **[1888274_0001279569-25-001048_ex991.htm:0]** **[1888274_0001279569-25-001048_ex991.htm:1]** 
*   This initiative is expected to **expand DeFi Technologies' addressable market** and generate new recurring fee and spread revenue opportunities, including **CAD-linked yield and structured products via Valour**.  **[1888274_0001279569-25-001048_ex991.htm:0]** **[1888274_0001279569-25-001048_ex991.htm:1]**

DeFi Technologies Announces Strategic Investment and Partnership with Canada Stablecorp

- **DeFi Technologies** and **SovFi Inc.** have collaborated to introduce a **comprehensive sovereign finance framework** aimed at modernizing the **$100T+ sovereign debt market**.  **[1888274_0001279569-25-001045_ex991.htm:0]** 
- This framework delivers a new class of **principal-protected, capital-appreciating sovereign instruments** where bond coupon payments are converted into **Bitcoin** inside a regulated exchange-traded product (ETP) issued exclusively through Valour, a DeFi Technologies subsidiary.  **[1888274_0001279569-25-001045_ex991.htm:0]** 
- **DeFi Technologies** serves as the platform orchestrator, providing issuance through Valour, liquidity and market-making through Stillman Digital, and data and ratings through Reflexivity Research, while SovFi is responsible for product design and sovereign engagement.  **[1888274_0001279569-25-001045_ex991.htm:1]** 
- The initiative is designed to help countries reduce debt and attract foreign direct investment by enabling capital appreciation on sovereign debt instruments, positioning SovFi as a potential leader in sovereign debt reducing assets.  **[1888274_0001279569-25-001045_ex991.htm:0]** **[1888274_0001279569-25-001045_ex991.htm:3]**

DeFi Technologies and SovFi Unveil Sovereign Finance Framework

- Valour, a subsidiary of DeFi Technologies, launched **thirteen new SEK-denominated Exchange Traded Products (ETPs)** on Sweden's Spotlight Stock Market on **September 24, 2025**.  **[1888274_0001279569-25-001038_ex991.htm:0]** 
- This launch expands Valour's total listed digital asset ETPs to **99**, reinforcing its position as the issuer with the **largest selection globally**.  **[1888274_0001279569-25-001038_ex991.htm:0]** **[1888274_0001279569-25-001038_ex991.htm:1]** 
- The new ETPs provide regulated exposure to various digital assets, including **PEPE, Flare, Optimism, and Immutable**, each carrying a **1.9% management fee**.  **[1888274_0001279569-25-001038_ex991.htm:0]**

DeFi Technologies' Valour Launches Thirteen New ETPs, Reaching 99 Listed Products Globally

- **DeFi Technologies' subsidiary, Valour Digital Securities Limited, launched the world's first physically-backed Bitcoin Staking ETP, "1Valour Bitcoin Physical Staking," on the London Stock Exchange**.  **[1888274_0001279569-25-001018_ex991.htm:0]** 
- This innovative ETP offers investors a **1.4% annual staking yield**, reflected in the Net Asset Value (NAV) at the end of each trading day.  **[1888274_0001279569-25-001018_ex991.htm:0]** **[1888274_0001279569-25-001018_ex991.htm:1]** 
- The product is **fully backed by physical Bitcoin** held in institutional-grade cold storage, ensuring security and transparency.  **[1888274_0001279569-25-001018_ex991.htm:0]** **[1888274_0001279569-25-001018_ex991.htm:1]**

DeFi Technologies' Subsidiary Valour Launches First Bitcoin Staking ETP on London Stock Exchange

- **DeFi Technologies Inc.** has made a strategic investment in **Continental Stablecoin Inc. (CSI)**, a developer of regulated local currency stablecoins in Africa, including Nigeria's **cNGN stablecoin**.  **[1888274_0001279569-25-000993_ex991.htm:0]** 
- The investment was made through a **Simple Agreement for Future Equity (SAFE)**, alongside other investors such as **Coinbase Ventures** and **Adaverse**.  **[1888274_0001279569-25-000993_ex991.htm:0]** **[1888274_0001279569-25-000993_ex991.htm:1]** 
- This move aims to accelerate the adoption of regulated stablecoins in Africa, particularly in **Nigeria**, which ranks first globally in stablecoin usage with **25.9 million users** and an **11.9% penetration rate**.  **[1888274_0001279569-25-000993_ex991.htm:0]** 
- As of **September 15, 2025**, the cNGN stablecoin has approximately **602.9 million tokens in circulation** and has processed over **20.1 billion cNGN in cumulative trading volume**.  **[1888274_0001279569-25-000993_ex991.htm:1]**

Defi Technologies (DEFT)