Defi Technologies prices $100-million (U.S.) offering

An anonymous director reports DEFI TECHNOLOGIES ANNOUNCES THE PRICING OF AN OVERSUBSCRIBED US$100 MILLION REGISTERED DIRECT OFFERING Defi Technologies Inc. has entered into a securities purchase agreement with several institutional investors, led by Galaxy Digital. Pursuant to the agreement, such investors have agreed to purchase an aggregate of 45,662,101 shares of common stock and warrants to purchase up to an additional 34,246,577 shares of common stock, at a combined purchase price of $2.19 (U.S.) per share and three-fourths of one warrant. The warrants will have an exercise price of $2.63 (U.S.) per share, representing a 120-per-cent premium to the offering price, will be exercisable immediately upon issuance and will expire three years from the date of issuance, subject to an acceleration feature based upon share price appreciation and other factors. The offering is expected to close on Sept. 26, 2025, subject to customary closing conditions, including receipt of all necessary regulatory approvals, including the approval of Cboe Canada and notification to the Nasdaq Capital Market. Joseph Gunnar & Co. LLC is serving as the exclusive placement agent in connection with the offering. The gross proceeds to the company will be $100-million (U.S.) before deducting the placement agent fees and other estimated offering expenses. The company intends to use the net proceeds of the offering for general corporate purposes, including financing working capital. The offering is being made under the company's short form base shelf prospectus dated Sept. 4, 2025, filed with the securities regulatory authorities in each of the provinces and territories of Canada, and the corresponding registration statement on Form F-10 (file No. 333-290048), filed by the company with the U.S. Securities and Exchange Commission (SEC) under the U.S./Canada multijurisdictional disclosure system (MJDS). The offering is being made only by means of a prospectus supplement to the base shelf prospectus filed with the applicable securities regulatory authorities in Canada and with the SEC as part of the company's registration statement under the MJDS. Copies of the supplement and the base shelf prospectus will be available on SEDAR+ and copies of the supplement and the registration statement will be available on EDGAR. Alternatively, copies may be obtained from: Joseph Gunnar, attention: syndicate department, 40 Wall St., Suite 3004, New York, N.Y., 10005, or by calling 212-440-9600. About Defi Technologies Inc. Defi Technologies is a financial technology company bridging the gap between traditional capital markets and decentralized finance (defi). Defi Technologies offers equity investors diversified exposure to the broader decentralized economy through its integrated and scalable business model. This includes: Valour, which offers access to digital assets via regulated ETPs (exchange-traded platforms); Stillman Digital, a digital asset prime brokerage focused on institutional-grade execution and custody; Reflexivity Research, which provides research into the digital asset space; Neuronomics, which develops quantitative trading strategies and infrastructure; and Defi Alpha, the company's internal arbitrage and trading business line. We seek Safe Harbor.