DeFi Technologies takes off: Nasdaq listing brings record high!

DeFi Technologies takes off: Nasdaq listing brings record high!

DeFi Technologies Inc. today took a significant step in its corporate development by receiving approval to list its common shares on the Nasdaq Capital Market. Trading under the symbol "DEFT" is scheduled to begin on May 12, 2025, sending the company's shares up 20 percent on Friday while hitting a new all-time high on its home exchange in Canada. This reports finance.net.

CEO Olivier Roussy Newton described the Nasdaq listing as an important milestone in bridging the gap between traditional financial markets and decentralized finance. He highlights that this listing is not associated with a capital increase, which could increase investor confidence. As of April 30, 2025, DeFi Technologies had C$61.9 million (US$44.7 million) in cash and other digital assets to help further grow the company.

Company headquarters and stock exchange activities

Following the listing, the Company's common shares will no longer be traded on the OTC markets. DeFi Technologies plans to remain active on the CBOE Canada and the Frankfurt Stock Exchange. This allows the company to expand its customer base and appeal to international investors. The decision to follow Canadian securities laws and Cboe Canada's rules instead of Nasdaq requirements reflects the Company's strategic direction.

The revision of an application that DeFi Technologies submitted to obtain SEC approval demonstrates the company's commitment to providing a transparent and reliable operating environment to its shareholders and partners. The shareholder reports that investors who have invested since the initial recommendation in the stock report have increased their investment sevenfold in just one year, which underlines the high demand and confidence in the stock.

Building the corporate structure

DeFi Technologies' Audit Committee is composed of independent members such as Stefan Hascoet, Mikael Tandetnik and Suzanne Ennis, while the Compensation, Appointments and Governance Committee is partly composed of non-independent members led by Olivier Roussy Newton. This shows that the company values ​​structured and reliable corporate management.

In addition to its main activity, DeFi Technologies describes itself as a pioneer in the integration of Web3 technologies. Its subsidiaries, Valor Inc. and Valor Digital Securities Limited, are responsible for issuing exchange-traded products that provide investors with a broader range of investment opportunities.

In conclusion, the Nasdaq listing and the associated positive market reaction support DeFi Technologies' growth strategy and strengthen the company's position in the digital finance space.