DeFi Technologies reports shareholder intelligence and market transparency initiative update.

DeFi Technologies has announced an update on its shareholder intelligence and market transparency initiative. The company has been monitoring market and non-market activity related to its common shares across various marketplaces and financial institutions. Preliminary findings have identified notable imbalances between the number of shares reported by proxy servicing firms and the number of shares recorded at depositories. This suggests potential issues with shareholder data accuracy and ownership verification.

TORONTO, July 2, 2025 - DeFi Technologies Inc. (Nasdaq: DEFT) has announced an update on its ongoing shareholder intelligence and market transparency initiative, highlighting significant imbalances between the number of shares reported by proxy servicing firms and those recorded at depositories. This revelation underscores potential inaccuracies in shareholder data and ownership verification, prompting the company to escalate its trading review process.

The initiative, launched in June 2025 in collaboration with Shareholder Intelligence Services, LLC (ShareIntel) and Urvin Consulting LLC, involves monitoring both market and non-market activities related to DeFi Technologies' common shares across various marketplaces and financial institutions. Preliminary findings have identified disproportionate and persistent differences between the shares reported by proxy servicing firms and those recorded at depositories, including the Depository Trust Company (DTC) and the Canadian Depository for Securities (CDS) [1].

DeFi Technologies has contacted the involved parties to request reconciliations and explanations for these discrepancies. If satisfactory resolutions are not provided, the company is prepared to escalate the matter further. "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. "These findings underscore why we engaged ShareIntel and Urvin—to detect, investigate, and address potential irregularities that may impact our investors. We will pursue answers and, if necessary, escalate the matter" [1].

The company views vigilance in monitoring trading and settlement data as a critical component of shareholder protection. DeFi Technologies will continue to work with ShareIntel and Urvin to investigate such imbalances and engage directly with market participants to ensure transparency in reporting [1].

In a separate development, DeFi Technologies reported that its subsidiary, Valour, reported US$947 million (C$1.3 billion) in assets under management (AuM) and monthly net inflows of US$14.4 million (C$19.8 million) in July 2025 [2]. This underscores the company's ongoing success in the digital asset management sector.

References:
[1] https://www.prnewswire.com/news-releases/defi-technologies-identifies-share-ownership-and-depository-imbalances-escalates-trading-review-to-protect-shareholder-interests-302527265.html
[2] https://www.marketscreener.com/news/defi-technologies-provides-monthly-corporate-update-valour-reports-us-947-million-c-1-3-billion-in-ce7c5ed9d08bf62c