DeFi Technologies Highlights Record Net Inflows at Valour in 2025, Underscoring Core Business Momentum Beyond AUM Price Volatility

Executive Summary

• Valour recorded a record $138.2 million of net inflows in 2025, the highest annual total on record for the platform.
• The platform now offers 102 listed ETPs—the most diversified regulated digital‑asset product shelf globally—and reported approximately $989.1 million in AUM as of September 30 2025.
• Management highlighted a vertically integrated model that monetizes management fees, staking yields (≈5–7% blended), trading fees, IP, node operations and MEV, indicating strong operating leverage and margin expansion potential.

Key Details

• Net Inflows 2025: $138.2 million total (estimated $116.2 M through Q3 + $22.0 M estimated for Q4).
• Quarterly Breakdown:
• Q3 YTD – $116.2 M
• Oct 2025 – $6.5 M
• Nov 2025 – $12.1 M
• Dec 2025 – $3.4 M
• AUM (Sept 30 2025): Approximately $989.1 million.
• Product Suite: 102 listed ETPs covering a broad range of digital‑asset themes beyond Bitcoin and Ethereum.
• Monetization Economics: Blended yield from management fees and staking estimated at 5–7%; additional upside from trading fees, proprietary IP, node operations and MEV.
• Historical Net Inflow Growth:
• 2022 – $38 M
• 2023 – $50 M
• 2024 – $124 M (incl. $54 M in Nov‑Dec)
• 2025 – $138 M (record).
• Geographic Expansion: Distribution extended to London Stock Exchange, SIX Swiss Exchange, and a strategic beachhead in Brazil via B3.
• Future Product Roadmap: Development of second‑generation offerings such as UCITS‑type funds, actively managed certificates/ETNs, fund‑of‑funds structures, and other institutionally focused vehicles.

Notable Quotes

• “Valour's net inflows are the cleanest indicator of real demand,” said Johan Wattenström, CEO & Executive Chairman.
• “Investors often focus on AUM, but the underlying engine is what matters,” added Andrew Forson, President.