DeFi Technologies (DEFI) investor relations material

Evolving business model and market positioning

• Positioned as a vertically integrated digital asset platform, spanning asset management, OTC trading, research, and infrastructure projects.

• Focused on bridging decentralized finance (DeFi) and traditional finance (TradFi) by making digital asset investment accessible and transparent for institutions.

• Valour Asset Management offers access to over 75 digital assets, making it the most diversified digital asset manager globally.

• Revenue streams include management fees, trading flows, staking, and market making, generating 5%-7% on AUM from Valour.

• Expansion includes new business lines and infrastructure projects to enhance revenue generation.

Core revenue drivers and growth metrics

• Net inflows are seen as a key indicator of management efficiency, with consistent growth regardless of market conditions.

• Valour delivered record net inflows of $107 million in 2025, even during volatile markets.

• Assets under management (AUM) reached an all-time high of $1.2 billion in August 2025, with continued net inflows month-over-month.

• Passive revenue from ETPs provides stability and profitability, with projections for continued growth.

• Product mix includes 102 ETPs, with a focus on protocols generating significant revenue and user growth.

Product innovation and institutional focus

• Plans to launch the first UCITS fund with spot crypto underlying, targeting institutional capital in the EU, Latin America, Asia, and the Middle East.

• Actively managed certificates, hedge fund structures, and fund of funds are in development to attract more institutional investors.

• Geographic expansion includes recent launches in Brazil and plans for further distribution in Africa, the Middle East, and Asia.

• ETPs are designed for efficiency and liquidity, enabling tokenization and custom risk/yield strategies.