- DeFi Technologies (DEFT) has commenced trading on the Nasdaq Capital Market effective May 12, 2025.
- The company maintained a solid financial standing with C$61.9M (US$44.7M) in cash, USDT, and digital assets as of April 30, 2025.
- A shareholder call is scheduled for May 14, 2025, to discuss Q1 2025 financial results.
DeFi Technologies Inc. (DEFT) has marked a significant milestone by beginning trading on the Nasdaq Capital Market on May 12, 2025. This makes it the first company of its kind to provide equity investors with direct exposure to decentralized finance. As a result of this listing, the company's shares will no longer trade on the OTC Markets, though they will continue to be listed on CBOE Canada and Börse Frankfurt.
This transition to Nasdaq did not involve any capital raising, underscoring the company's robust financial health. As of April 30, 2025, DeFi Technologies reported a strong financial position with C$61.9 million (US$44.7 million) in cash, USDT, and digital asset holdings. This financial strength reflects the company's ability to navigate the volatile digital asset market without needing additional funding.
To further engage with its investors, DeFi Technologies has scheduled a shareholder call on May 14, 2025, at 12:00 PM EST. This call will discuss the financial performance for Q1 2025, providing insights into the company's operations and future directions.
The listing on Nasdaq represents a strategic move for DeFi Technologies, offering enhanced visibility, liquidity, and access to institutional investors. As a first-mover in bridging traditional capital markets with the emerging decentralized finance sector, DeFi Technologies aims to leverage this position to expand its investor base and capitalize on growing interest in regulated DeFi exposure.
