DeFi Technologies Receives Approval to List on Nasdaq

DeFi Technologies has received approval to list its common shares on the Nasdaq Capital Market under the symbol "DEFT", with trading set to begin on May 12, 2025. The company will maintain its listings on CBOE Canada and Börse Frankfurt while discontinuing its OTC Markets quotation. This uplisting does not involve any capital raising, as the company holds a strong financial position with C$61.9M (US$44.7M) in cash, USDT, and digital asset treasury holdings as of April 30, 2025. The company has filed an effective Form 40-F Registration Statement with the SEC and has detailed its board committee structures, including specific exemptions from certain Nasdaq listing rules in favor of Canadian securities laws.