DeFi Technologies Inc., a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance ("DeFi"), is pleased to announce it has received approval to list its common shares (the "Common Shares") on the Nasdaq Capital Market ("Nasdaq"). Trading is expected to commence on Nasdaq under the symbol "DEFT" on May 12, 2025.

Upon commencement of trading on Nasdaq, the Company's Common Shares will cease to be quoted on the OTC Markets. DeFi Technologies will continue to trade on the CBOE Canada (CBOE CA: DEFI)  and the Börse Frankfurt exchanges (GR: R9B) .

Olivier Roussy Newton, CEO of DeFi Technologies, commented,

"Securing our Nasdaq listing marks a significant milestone in our mission to bridge the gap between traditional finance and decentralized technologies. This uplisting is a reflection of the strong fundamentals and momentum behind our business. We believe it will enhance our visibility, improve liquidity, and provide broader access to our Company for institutional and retail investors who want exposure to the future of finance."

The Nasdaq listing does not involve any capital raising activity as DeFi Technologies maintains a strong financial position of C$61.9M (US$44.7M) in cash, USDT, and other digital asset treasury holdings as of April 30, 2025.

In conjunction with the listing, the Company has filed a Form 40-F Registration Statement with the United States Securities and Exchange Commission (the "SEC"). The SEC has declared the Registration Statement Effective.