Defi Technologies Business Summary

DeFi Technologies, Inc. (DEFT) operates as a vertically integrated financial technology firm bridging traditional capital markets with the decentralized finance (DeFi) ecosystem. The company generates revenue through four primary segments: Asset Management (via its subsidiary Valour Inc.), which earns management fees and staking/lending income from over 100 regulated digital asset exchange-traded products (ETPs); Infrastructure and Trading, which captures commissions and arbitrage gains through Stillman Digital and the DeFi Alpha trading desk; Research and Advisory, led by Reflexivity Research; and Venture Investments. By providing institutional-grade access to digital assets on major exchanges like the London Stock Exchange and SIX Swiss Exchange, DEFT competes directly with specialized asset managers such as 21Shares, CoinShares, and Galaxy Digital. The company distinguishes itself through its comprehensive ecosystem approach, combining product issuance with proprietary liquidity provisioning and institutional-grade market intelligence. The leadership team is anchored by Co-founder Johan Wattenström, who assumed the roles of CEO and Executive Chairman in November 2025, bringing nearly two decades of experience in digital asset infrastructure and trading. He is supported by President Andrew Forson and Chief Financial Officer Paul Bozoki, a CPA with extensive experience in public company financial management. Co-founder Olivier Roussy Newton, who previously served as CEO, remains a pivotal figure as a Strategic Advisor. The company’s institutional pedigree is reinforced by a notable shareholder base that includes Goldman Sachs, JPMorgan Chase, Millennium Management, and Brevan Howard. The Board of Directors features diverse expertise from members such as Silvia Andriotto and Mikael Tandetnik, overseeing a strategic shift toward global expansion into emerging markets like Latin America and Africa through initiatives such as the Kenya Digital Exchange.