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DeFi Technologies finds share ownership discrepancies in trading review

August 12, 2025 7:30 AM EDT

DeFi Technologies Inc. (NASDAQ: DEFT) identified imbalances between share ownership records and depository data as part of an ongoing market transparency initiative launched in June 2025.

The financial technology company found notable discrepancies between shares reported for beneficial owners by proxy servicing firms and shares recorded at depositories including the Depository Trust Company and Canadian Depository for Securities. The company described the differences as "disproportionate and persistent" over selected periods.

DeFi Technologies has contacted involved parties requesting reconciliations and explanations for the discrepancies. The company stated it is prepared to escalate the matter if satisfactory resolutions are not provided.

"As fiduciaries for our shareholders, we are obligated to safeguard the integrity of the trading of the Company's common shares across all trading venues," said Olivier Roussy Newton, CEO of DeFi Technologies.

The initiative involves collaboration with Shareholder Intelligence Services LLC and Urvin Consulting LLC to monitor market and non-market activity related to the company's common shares across various marketplaces and among financial institutions whose clients hold or trade the shares.

DeFi Technologies trades on NASDAQ under the ticker DEFT, on CBOE Canada as DEFI, and in Germany as R9B. The company operates as a digital asset manager offering exposure to decentralized finance through subsidiaries including Valour, Stillman Digital, Reflexivity Research, Neuronomics, and DeFi Alpha.



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