DeFi Technologies Announces Preliminary Unaudited Full Year 2025 Financial Results with Record Revenue of $99.1 Million and Record Net Income of $62.7 Million; Appoints New Independent Chair of the Audit Committee

The amounts disclosed in this press release are preliminary and unaudited as the Company’s auditors, HDCPA Professional Corporation, have not yet completed their audit procedures on the consolidated financial statements for the fiscal year ended December 31, 2025.

• Record revenue and profitability: DeFi Technologies reported record annual revenue of $99.1 million and record net income and comprehensive income of $62.7 million for the fiscal year ended December 31, 2025. For the three months ended December 31, 2025, the Company reported revenue of $20.0 million and net income of $28.9 million. These results represent a 215% increase in annual revenue and a $90.3 million improvement in net income year-over-year, reflecting the strength of the Company’s diversified and scalable business model. 
• Substantial AUM growth: Valour’s asset management business reported average AUM of $809.9 million throughout 2025, reflecting continued investor demand, new product launches, and favorable digital asset market conditions. Valour also achieved net inflows of $110.1 million into its ETP products during fiscal 2025. 
• Balance sheet transformation: As of December 31, 2025, DeFi Technologies held $113.8 million in cash and USDT/USDC ($91.2 M of cash). Digital asset treasury holdings totaled approximately $35.5 million, and the Company’s venture and private portfolio was valued at approximately $29.4 million, bringing total cash, treasury, and venture portfolio value to approximately $178.7 million. 
• Stillman Digital – first full year of contribution: Trading commissions revenue grew 355% to $9.6 million in fiscal 2025, compared to $2.1 million in 2024, reflecting the first full year of contribution from Stillman Digital’s institutional trading platform following its October 2024 acquisition. Stillman closed fiscal 2025 ahead of its initial guidance range. 
• New independent Chair of the Audit Committee: The Company announced the appointment of Jonathan Dimitry as independent Chair of its Audit Committee, effective immediately. This appointment underscores DeFi Technologies‘ continued focus on enhancing its governance, financial reporting oversight, and risk management as it navigates a complex and evolving regulatory and market environment

TORONTO, March 31, 2026 /PRNewswire/ – DeFi Technologies Inc. (the „Company“ or „DeFi Technologies“) (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company bridging the gap between traditional capital markets and decentralized finance („DeFi„), today announced its preliminary unaudited summary financial results for the fiscal year ended December 31, 2025. All dollar amounts in this press release are in U.S. dollars, unless otherwise stated.

As previously announced by the Company, there will be a delay in the filing of the Company’s audited annual financial statements, management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2025 (collectively, the „Annual Filings“).   The delay does not relate to any disagreement with its auditors, any issues with the Company’s financial statements, or any identified weakness in the Company’s internal controls over financial reporting, but from the delay in receiving the SOC 2 Type 2 report from a third-party vendor.

In connection with the potential delay in the completion of the Annual Filings, the Company has made an application to the Ontario Securities Commission (the „OSC„), as principal regulator, to approve a temporary management cease trade order („MCTO„) under National Policy 12-203 – Management Cease Trade Orders („NP 12-203„). There can be no assurance that the OSC will grant the MCTO, and barring which the OSC may issue a failure to file cease trade order against the Company which orders that the trading of securities of the Company will cease.

In addition, the Company intends to file its 2025 Annual Report on Form 40-F, including the Annual Filings, with the U.S. Securities and Exchange Commission (the „SEC“) on EDGAR at the same time the Annual Filings are filed with the Canadian securities regulatory authorities on SEDAR+.