DeFi Technologies (DEFI) Investor presentation summary

Business overview and strategy

• Provides regulated investment products, trading infrastructure, research, and strategic capital for the convergence of traditional and decentralized finance.

• Operates a vertically integrated digital asset platform with four main business lines: asset management, institutional trading, strategic ventures, and arbitrage.

• Offers over 100 exchange-traded products (ETPs) through its Valour subsidiary, enabling secure and simple access to digital assets.

• Strategic investments focus on foundational infrastructure bridging traditional and decentralized finance, emphasizing regulatory compliance.

• Diversified revenue streams include trading and management fees, staking, lending, and strategic partnerships.

Financial performance and growth

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

• Cash balance grew over 7x from FY2024 to FY2025, reaching $113.8M, while operating expenses contracted by 14%.

• Total capital position, including cash, treasury, and private portfolio, was $178.7M as of December 31, 2025.

• Average assets under management (AUM) reached $809.9M in 2025, with persistent net inflows across market cycles.

• Five-year revenue growth shows a clear inflection, with FY2025 revenue more than tripling over FY2024.

Product and market positioning

• Valour ETPs provide regulated, cost-efficient, and easy access to over 100 digital assets, available via major European exchanges.

• Stillman Digital offers institutional-grade liquidity and trading infrastructure, processing $51B in client volume.

• DeFi Alpha arbitrage desk has generated over $100M in cumulative revenue through disciplined, market-neutral strategies.

• Product innovation includes the world’s first fee-free and yield-bearing Bitcoin ETPs, with ongoing expansion into thematic and multi-asset products.

• ETPs offer investors diversity, transparency, security, and simplicity, with a clear link to underlying asset prices.