DeFi Technologies (DEFI) Investor presentation summary

Business overview and strategy

• Operates as a vertically integrated digital asset platform bridging traditional finance and decentralized finance, offering regulated investment products, trading infrastructure, research, and strategic capital deployment.

• Provides access to 100+ exchange-traded products (ETPs) across major blockchains, with a focus on institutional and retail investors seeking secure, regulated exposure.

• Core business lines include asset management (Valour), institutional trading (Stillman Digital), research (Reflexivity), strategic capital (DeFi Ventures), and arbitrage (DeFi Alpha).

• Pursues global expansion with new listings and partnerships in the UK, Brazil, Africa, UAE, and Turkiye to drive AUM and market visibility.

Financial performance and growth

• Achieved record revenue of $99.1M and net income of $62.7M in FY2025, representing 215% YoY revenue growth and a $90.3M improvement in net income.

• Cash balance increased over 7x to $113.8M, with total capital position (cash, treasury, and venture portfolio) at $178.7M as of December 31, 2025.

• Operating expenses contracted by 14% YoY, supporting margin expansion.

• Average AUM for 2025 was $809.9M, with Valour ETPs posting record net inflows of $110M in FY2025.

Product and platform highlights

• Valour offers 100+ ETPs, including single asset, basket, and physical-backed products, with innovative features like fee-free and yield-bearing Bitcoin ETPs.

• Stillman Digital processed $51B in client volume, providing institutional-grade OTC trading, market making, and liquidity services.

• Reflexivity Research delivers institutional-grade market intelligence distributed via Bloomberg, newsletters, and a 16.4M+ follower KOL network.

• DeFi Alpha generated over $100M in cumulative arbitrage revenue, leveraging platform-wide data and disciplined risk management.