DeFi Technologies Issues CEO Letter to Shareholders

Toronto, Canada – DeFi Technologies Inc. has issued a letter to its shareholders from CEO Johan Wattenström, discussing the company's share price performance and its contributing factors. The letter aims to assure shareholders that management takes the share price decline seriously, noting its correlation with crypto market levels and assets under management.

The primary drivers cited for the share price performance include a weak crypto market, sector rotation out of crypto equities, and technical factors related to capital raises. Wattenström stated that the company's core business has evolved, becoming more diversified and scalable, with new products and business lines set for imminent launch. He acknowledged that regulatory complexities in the EU have extended launch deadlines for certain initiatives, but highlighted that this also raises the barrier to entry for competitors.

The company emphasized its significantly improved position compared to the previous market cycle, citing record revenue and net income in 2025, a strong balance sheet of approximately $150 million in Q1, profitability, and effectively zero debt. The current market conditions are being used to strengthen the underlying business, and DeFi Technologies is actively sourcing and pursuing large-scale acquisitions.

Further developments include plans to scale arbitrage strategies, advance the Valour Custody platform, and leverage artificial intelligence for operational optimization and new revenue-generating products. The company also confirmed it is considering potential share consolidations to maintain strategic optionality and enhance the attractiveness of its stock if deemed necessary.