Defi Technologies' Valour has $987M (U.S.) in AUM

Executive Summary

• Defi Technologies closed a $100 million registered direct offering (45.66 M shares + warrants) to fund expansion of Valour’s ETP lineup and pursue acquisitions.
• Multiple strategic investments/partnerships announced: Stablecorp (QCAD stablecoin), Continental Stablecoin Inc. (cNGN), and a sovereign‑finance framework with SovFi targeting the $100 trillion+ sovereign debt market.
• Significant product launches: 13 new ETPs on Sweden’s Spotlight Market (total 99 listed ETPs) and the world’s first physically backed Bitcoin staking ETP (1VBS) on the London Stock Exchange.

Key Details

• Financing: $100 M U.S. registered direct offering; 45,662,101 common shares & warrants for up to 34,246,577 additional shares at $2.19 per share/warrant bundle; warrants exercisable at $2.63 (120% of price) with three‑year term and acceleration feature. Gross proceeds: $100 M. Net proceeds earmarked for Valour ETP expansion, digital‑asset trading/lending/staking, potential acquisitions, and growth initiatives. Exclusive placement agent – Joseph Gunnar & Co., LLC.
• NCIB: Launched Aug 22 2025; up to 10% of float (31,673,791 shares). Program runs Aug 26 2025–Aug 26 2026. 260,000 shares repurchased through Sept 30 2025; all cancelled. Ventum Financial Corp. appointed NCIB coordinator.
• Strategic Investment – Stablecorp: Partnership to scale QCAD stablecoin; integration of QCAD products via Valour; Stillman Digital named preferred liquidity provider; collaboration with BTQ Technologies on post‑quantum security roadmap.
• Strategic Investment – Continental Stablecoin Inc.: Investment alongside Coinbase Ventures, Adaverse, etc., to accelerate regulated stablecoins in Africa (focus on Nigeria’s cNGN). cNGN stats: ~602.9 M tokens, 75k+ transactions, $20.1 B cumulative volume (as of Sept 15 2025).
• Sovereign Finance Framework (Defi + SovFi): Full‑stack framework issuing principal‑protected, capital‑appreciating sovereign instruments; bond coupons tokenized into Bitcoin via patented process inside a regulated ETP; revenue streams from bond & Bitcoin sleeves plus staking. Illustrative economics for $1 B notional provided.
• ETP Expansion – Sweden: 13 new SEK‑denominated ETPs (PEPE, FLR, VIRTUAL, OP, IP, IMX, QNT, GRT, FLOKI, THETA, FORM, IOTA, HYPE) listed on Spotlight Stock Market; each with 1.9% management fee; total Valour lineup now 99 listed ETPs across Europe/UK.
• Bitcoin Staking ETP – London: Launch of 1Valour Bitcoin Physical Staking (1VBS), first physically backed Bitcoin staking ETP on LSE Main Market; 1:1 physical BTC custody in institutional‑grade cold storage; 1.4% annual staking yield reflected daily in NAV; GBP listing with EUR share class on Xetra.
• AUM & Net Inflows: Valour reported $987 M AUM as of Sept 30 2025 (↑1.3% MoM). September net inflows $23.6 M; YTD inflows $115.3 M. Top ETPs by AUM: SOL ($310 M), BTC ($288 M), ETH ($88 M), etc.
• Global Expansion: Valour now has 99 ETPs listed across Europe/UK; ongoing launches of leveraged and warrant‑based structures; market development in Africa, Asia, Middle East for first‑mover advantage.

Notable Quotes

“The $100 million offering provides us with the capital needed to accelerate our product pipeline, deepen our market reach, and explore strategic acquisitions that will further cement Defi Technologies as the bridge between traditional finance and decentralized ecosystems.” – CEO, Defi Technologies Inc.

“Our partnership with Stablecorp and investment in Continental Stablecoin underscore our commitment to building compliant, bank‑ready stablecoin infrastructure worldwide, starting with high‑growth markets like Nigeria.” – Head of Strategic Partnerships, Defi Technologies.