DeFi Technologies Announces Leadership Transition: Olivier Roussy Newton Resigns as CEO and Chairman; Co-Founder Johan Wattenstrom Appointed as Successor

Executive Summary

• DeFi Technologies announced the resignation of CEO & Executive Chairman Olivier Roussy Newton and the appointment of co‑founder Johan Wattenström as his successor.
• The transition includes Mr. Newton moving to a Strategic Advisor role and remaining a cornerstone shareholder.
• The release highlights strong recent financial performance (>$80 M YTD revenue, on track for >$100 M) and strategic initiatives such as the $100 M registered direct offering, M&A activity, and expansion of the Valour ETP platform.

Key Details

• Resignation & New Appointment – Olivier Rouscy Newton steps down as CEO and Executive Chairman; Johan Wattenström appointed CEO and Executive Chairman effective upon Mr. Newton’s departure.
• Strategic Advisor Role – Mr. Newton will serve as a Strategic Advisor to DeFi Technologies beginning December 2025 and remain a major shareholder.
• Financial Highlights (2021‑2024) – Revenue grew from $4.5 M in 2021 to >$50 M in 2024; YTD revenue exceeds $80 M, with the company on track for its first $100 M+ revenue year.
• Asset Management Growth – Valour’s ETP platform now includes ~100 listed products with >US$1 B AUM across major European exchanges.
• Capital Market Milestones – Uplisted to Nasdaq Capital Market (ticker DEFT) and commenced options trading, increasing visibility for U.S. investors.
• Debt Reduction – Completed full repayment of outstanding debt at Valour, improving financial flexibility.
• Strategic M&A – Acquired Stillman Digital, a global digital‑asset liquidity provider and OTC desk, enhancing trading and market‑making capabilities.
• Registered Direct Offering – Executed an approximately $100 M registered direct offering led by strategic blue‑chip institutions to fund further digital‑asset expansion, lending/staking transactions, potential acquisitions, and other growth initiatives.
• Executive Background (Johan Wattenström) – Co‑founder of Valour and DeFi Technologies; former CEO of XBT Provider (creator of the world’s first Bitcoin ETP) and founder of Nortide Capital (global digital‑asset trading & market‑making firm).

Notable Quotes

• “I am proud of what our team has delivered over the past three years… I’m deeply grateful for the support of our employees, partners, and investors…” – Olivier Roussy Newton.
• “Olivier and I have built this company together from the ground up… I look forward to leading DeFi Technologies into its next phase of growth.” – Johan Wattenström.