DeFi Technologies Provides Monthly Corporate Update: Valour Reports US$987 Million in AUM, and Year-To-Date Net Inflows of US$115.3 Million, Among Other Key Developments

Executive Summary

• DeFi Technologies reported $987 million of AUM for its Valour subsidiary as of Sept‑30 2025, a 1.3% month‑over‑month increase and the first quarter with >$900 M AUM each month.
• The company closed a US$100 million registered direct offering (shares & warrants) and launched an NCIB program to repurchase up to 10% of its float, buying 260,000 shares to date.
• Multiple strategic initiatives were announced, including new ETP listings (13 on Sweden’s Spotlight market, first Bitcoin‑staking ETP on LSE), a sovereign finance framework with SovFi, investments in Canada Stablecorp and Continental Stablecoin Inc., and expanded global market development.

Key Details

• AUM & Net Inflows
• AUM as of Sept 30 2025: US$987 M (↑1.3% MoM).
• September net inflows: US$23.6 M, YTD net inflows: US$115.3 M.

• Highest quarterly AUM to date: $900 M+ each month (July‑Sept).

• Top Valour ETPs by AUM (as of Sept 30 2025)

• VALOUR SOL – $309,983,920
• VALOUR BTC – $288,168,974
• VALOUR ETH – $88,330,268
• VALOUR XRP – $58,070,705

• (others listed in release).

• Normal Course Issuer Bid (NCIB)

• Launched Aug 22 2025; authorized up to 10% of float (31,673,791 shares).
• Purchases commenced Aug 26 2025; 260,000 shares bought through Sept 30 2025.

• Shares cancelled; Ventum Financial Corp. appointed as coordinator.

• Registered Direct Offering – $100 M

• Lead investor: Galaxy Digital (cornerstone).
• Issued 45,662,101 common shares and warrants for up to 34,246,577 additional shares.
• Combined price: US$2.19 per share + ¾ warrant; each warrant exercisable at US$2.63 (120% of offering price) with a three‑year term and acceleration feature.
• Gross proceeds: US$100 M; net proceeds earmarked for expanding Valour’s ETP lineup, digital‑asset trading/lending/staking, potential acquisitions, and growth initiatives.

• Placement agent: Joseph Gunnar & Co., LLC.

• Strategic Investment & Partnership – Canada Stablecorp

• Investment to scale QCAD stablecoin; partnership includes Stillman Digital (liquidity provider) and BTQ Technologies (post‑quantum security roadmap).

• Aims to broaden CAD‑stablecoin use for payments, cross‑border trade, payroll, treasury.

• Sovereign Finance Framework – SovFi Collaboration

• Developed a full‑stack sovereign finance product converting bond coupons into Bitcoin via a patent‑pending process inside a regulated ETP.

• Structure provides principal protection plus accrued Bitcoin at maturity; revenue streams from bond sleeve, Bitcoin sleeve, and staking.

• ETP Expansion – New Listings

• Thirteen new SEK‑denominated ETPs listed on Sweden’s Spotlight Stock Market (PEPE, FLR, VIRTUAL, OP, IP, IMX, QNT, GRT, FLOKI, THETA, FORM, IOTA, HYPE) with 1.9% management fee each.

• Valour now has 99 listed ETPs across European venues – the largest digital‑asset ETP selection globally.

• Bitcoin Staking ETP Launch

• Valour Digital Securities Limited introduced 1Valour Bitcoin Physical Staking (1VBS) on London Stock Exchange Main Market.

• Physically backed 1:1 Bitcoin exposure, custody via Copper, 1.4% annual staking yield, daily NAV publication.

• Investment in Continental Stablecoin Inc.

• Joint investment with Coinbase Ventures and others to accelerate regulated stablecoins in Africa (focus on Nigeria’s cNGN).

• cNGN stats: ~602.9 M tokens, >75k on‑chain transactions, ~20.1 B cNGN cumulative volume (as of Sept 15 2025).

• Global Expansion

• Valour operates 99 ETPs across Europe/UK; upcoming leveraged and warrant‑based structures planned.
• Targeting high‑growth markets in Africa, Asia, Middle East for first‑mover advantage.

Notable Quotes

(Quotes were not included in the release excerpt; none to report.)