<SEC-DOCUMENT>0001279569-25-000749.txt : 20250716
<SEC-HEADER>0001279569-25-000749.hdr.sgml : 20250716
<ACCEPTANCE-DATETIME>20250716104759
ACCESSION NUMBER:		0001279569-25-000749
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20250716
FILED AS OF DATE:		20250716
DATE AS OF CHANGE:		20250716

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Defi Technologies, Inc.
		CENTRAL INDEX KEY:			0001888274
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		ORGANIZATION NAME:           	09 Crypto Assets
		EIN:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41056
		FILM NUMBER:		251126521

	BUSINESS ADDRESS:	
		STREET 1:		198 DAVENPORT ROAD
		CITY:			TORONTO
		STATE:			Z4
		ZIP:			M5R 1J2
		BUSINESS PHONE:		416-861-5882

	MAIL ADDRESS:	
		STREET 1:		198 DAVENPORT ROAD
		CITY:			TORONTO
		STATE:			Z4
		ZIP:			M5R 1J2
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>defi6k.htm
<DESCRIPTION>FORM 6-K
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"><B>&nbsp;</B></FONT></P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"><B>UNITED
<FONT STYLE="letter-spacing: -0.1pt">STATES</FONT></B></FONT></P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 20pt"><B><FONT STYLE="letter-spacing: -0.1pt"></FONT></B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>SECURITIES
AND EXCHANGE <FONT STYLE="letter-spacing: -0.1pt">COMMISSION</FONT></B></FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 12pt">Washington,
D.C. <FONT STYLE="letter-spacing: -0.1pt">20549</FONT></FONT></P>
<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 20pt"><B><FONT STYLE="letter-spacing: -0.1pt">&nbsp;<BR>
</FONT></B></FONT></P>

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<P STYLE="font: bold 14pt Times New Roman, Times, Serif; margin-top: 13.75pt; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 18pt; letter-spacing: -0.5pt">FORM
6-</FONT><FONT STYLE="font-size: 18pt; letter-spacing: -0.6pt">K</FONT></P>

<P STYLE="font: bold 14pt Times New Roman, Times, Serif; margin-top: 13.75pt; margin-bottom: 0; text-align: center"></P>

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<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin-top: 13.6pt; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 10pt">REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 <BR>
UNDER THE SECURITIES EXCHANGE ACT OF 1934</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 10pt">For
the month of July, 2025.</FONT></P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 4.1pt; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 10pt">Commission
File Number 001-41056</FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

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<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin: 13.6pt 57.45pt 0 3.45pt; text-align: center; text-indent: 0cm"></P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 24pt"><B>DEFI TECHNOLOGIES INC.</B></FONT></P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 2.7pt; margin-bottom: 0"><FONT STYLE="font-size: 10pt">(Translation
of registrant&rsquo;s name into <FONT STYLE="letter-spacing: -0.1pt">English)</FONT></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 2.7pt; margin-bottom: 0"><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 2.7pt; margin-bottom: 0"><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt">Suite
2400, 333 Bay Street, Toronto, Ontario, Canada M5H 2T6&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 2.7pt; margin-bottom: 0"><FONT STYLE="letter-spacing: -0.1pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 2.7pt; margin-bottom: 0"><FONT STYLE="letter-spacing: -0.1pt"></FONT></P>

<P STYLE="text-align: center; font: 12pt Times New Roman, Times, Serif; margin-top: 2.7pt; margin-bottom: 0"><FONT STYLE="font-size: 10pt">(Address
of principal executive <FONT STYLE="letter-spacing: -0.1pt">office)</FONT></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 2.7pt; margin-bottom: 0"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 2.7pt; margin-bottom: 0"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 57.9pt 0 0"><FONT STYLE="font-size: 10pt">Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</FONT></P>

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<TD STYLE="width: 0"></TD><TD STYLE="text-align: center; width: 15pt; vertical-align: middle"><FONT STYLE="font-family: MS Gothic, Helvetica, Sans-Serif; font-size: 10pt">&#9744;</FONT></TD><TD><FONT STYLE="font-size: 10pt">Form
                                            20-<FONT STYLE="letter-spacing: -0.5pt">F</FONT></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;<FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9746;
                                            </FONT><FONT STYLE="font-size: 10pt">Form 40-<FONT STYLE="letter-spacing: -0.5pt">F</FONT></FONT></TD></TR></TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 2.7pt; margin-bottom: 0">&nbsp;</P>
<P STYLE="font: 12pt Times New Roman, Times, Serif; text-align: center; margin-top: 2.7pt; margin-bottom: 0"></P>

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<P STYLE="font: bold 14pt Times New Roman, Times, Serif; margin-top: 13.75pt; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 20pt; letter-spacing: -0.6pt"></FONT></P>
<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 20pt"><B><FONT STYLE="letter-spacing: -0.1pt"></FONT></B></FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>EXHIBIT INDEX</B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><B>Exhibit Number</B></FONT></TD>
    <TD STYLE="width: 1%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 84%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><B>Description</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><A HREF="ex991.htm">99.1</A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><A HREF="ex991.htm">New Release dated July 16,
    2025 - DeFi Technologies Reports All-Time High in SUI Assets Under Management and
Treasury Holdings</A> </FONT></TD></TR>
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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 20pt"><B><FONT STYLE="letter-spacing: -0.1pt"></FONT></B></FONT></P>

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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 20pt"><B><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></B></FONT></P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 20pt"><B><FONT STYLE="letter-spacing: -0.1pt"></FONT></B></FONT></P>

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    <TD STYLE="width: 43%; padding-top: 5.9pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; padding-top: 5.9pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 49%; padding-top: 9.3pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><B><U>DEFI TECHNOLOGIES
    INC.</U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 5.9pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 5.9pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.7pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt">(Registrant)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 5.9pt; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-top: 5.9pt; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.7pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 5.9pt; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-top: 5.9pt; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-top: 2.7pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 5.9pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Date: July 16,
    2025</FONT></TD>
    <TD STYLE="padding-top: 5.9pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">By</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 5.9pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">/s/ Kenny Choi</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Kenny Choi<BR>
    Corporate Secretary</FONT></TD></TR>
  </TABLE>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex991.htm
<DESCRIPTION>NEWS RELEASE DATED JULY 16, 2025
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<P STYLE="text-align: right; margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>EXHIBIT 99.1</B></FONT></P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"><IMG SRC="logo.jpg" ALT=""></P>

<P STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; text-align: center; margin-right: 0; margin-left: 0">DeFi Technologies Reports
All-Time High in SUI Assets Under Management and Treasury Holdings</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; text-align: center; margin-right: 0; margin-left: 0"><I>Valour's SUI AUM Surpasses
US$63.5 Million (C$87.1 Million); DeFi Technologies' SUI Treasury Hits US$20.2 Million (C$27.7 Million) - Now Its Second Largest Holding
After Bitcoin</I></P>

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<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">&bull;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Valour's SUI AUM Hits Record High of US$63.5M (C$87.1M): </B>Reflecting
a 54% increase since June 30, driven by investor demand and interest in emerging Layer 1 ecosystems like SUI.Valour's SUI ETP is also
among the fastest-growing products in its portfolio of over 75 exchange-traded products (ETPs).&nbsp;</FONT></TD></TR></TABLE>

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<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">&bull;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>DeFi Technologies' SUI Treasury Grows to US$20.2M (C$27.7M): </B>Now the
Company's second-largest holding after Bitcoin, up 41% month-over-month.</FONT></TD></TR></TABLE>

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<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">&bull;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Recurring Revenue from Yield and Fees:&nbsp;</B>Valour's SUI ETP earns
a 3.3% staking yield and 1.9% management fee; the Company's blended yield across all staked AUM is approximately 8%, supporting sustainable,
non-dilutive growth, supporting its position as one of the only profitable, cash-generating public crypto companies.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">TORONTO, July 16, 2025 /CNW/ - DeFi Technologies Inc.
(the &quot;<B>Company</B>&quot; or &quot;<B>DeFi Technologies</B>&quot;) (<U>Nasdaq: DEFT</U>) (<U>CBOE CA: DEFI</U>) (<U>GR: R9B</U>),
a financial technology company bridging the gap between traditional capital markets and decentralized finance (<B>&quot;DeFi&quot;</B>),
is pleased to announce all-time highs in SUI assets under management (AUM) through its subsidiary Valour Inc. (&quot;Valour&quot;), as
well as a significant milestone in the Company's corporate SUI digital asset treasury.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">As of July 15, 2025, Valour recorded an all-time high
of US$63,545,741 (C$87,166,328) in SUI AUM, representing an increase of approximately 54% since June 30, driven by growing institutional
demand and broader market interest in emerging Layer 1 ecosystems. Valour's SUI ETP is also among the fastest-growing products in its
portfolio of over 75 exchange-traded products (ETPs).</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">At the same time, DeFi Technologies' corporate treasury
holdings of 4,913,918 SUI also reached an all-time high of approximately US$20.2 million (C$27.7 million), up roughly 41% since June 30,
making SUI the Company's second-largest digital asset holding, behind only Bitcoin.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 39.95pt">&quot;Our SUI strategy continues to deliver,
both in terms of market performance and treasury growth,&quot; said <B>Olivier Roussy Newton</B>, CEO of DeFi Technologies. &quot;As with
Bitcoin, we're not just holding SUI - we're monetizing it through our vertically integrated infrastructure across asset management, trading,
and staking. We're proud to be among the first to offer newly launched tokens like SUI as regulated ETPs, and this momentum is core to
our roadmap of bringing 100 high-conviction digital assets to traditional markets through secure, compliant investment vehicles.&quot;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>What is SUI?</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>SUI</B>&nbsp;is a high-performance, Layer 1 blockchain
designed for speed, scalability, and user-friendly development. Built by former Meta engineers, SUI enables fast and cost-efficient execution
of decentralized applications and smart contracts. Its novel consensus mechanism and object-centric architecture position it as one of
the most promising chains in the next generation of blockchain infrastructure.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>Staking SUI for Yield</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Valour monetizes its AUM through a combination of
staking yields and management fees, converting passive exposure into recurring revenue. Unlike traditional ETP issuers, Valour retains
staking rewards as income - capturing value directly from the digital assets held within its products, alongside the fees charged to investors.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Valour's SUI ETP exemplifies this model, generating
a 1.9% management fee and a 3.3% annual staking yield on SUI under management. This dual-revenue structure supports DeFi Technologies'
vertically integrated strategy, reinforcing its ability to systematically monetize AUM.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Across its entire staked AUM, Valour earns a blended
yield of approximately 8%, further enhancing the Company's profitability and ability to scale without relying on dilution or external
capital.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>SUI: A Strategic Addition to the Corporate Treasury</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">DeFi Technologies continues to strategically expand
and manage its diversified digital asset treasury in alignment with its long-term investment thesis on digital infrastructure. As of June
30, 2025, the total treasury was valued at approximately US$48.4 million (C$66 million), with positions in Bitcoin, Ethereum, Solana,
Avalanche, and other high-conviction tokens.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">The growth of SUI to US$20.2 million (C$27.7 million),
now the Company's second-largest position, reflects its growing strategic importance and market relevance.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">In addition to its crypto holdings, the Company also
maintains approximately US$14 million (C$19 million) in cash and USDT, offering flexibility to rebalance or expand the treasury as market
conditions evolve.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">This growth reflects DeFi Technologies' ability to
capitalize on emerging ecosystems while maintaining a disciplined, revenue-generating approach to digital asset management.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>Digital Asset Treasury</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">As part of its vertically integrated model, DeFi Technologies
actively manages a diversified digital asset treasury designed to support long-term capital appreciation, strategic flexibility, and balance
sheet strength. These holdings complement the Company's core operating businesses - including asset management, staking, and trading -
and are acquired using free cash flow generated by the Company, without the need for dilution or leverage.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">As of June 30, 2025, DeFi Technologies' digital asset
treasury was valued at approximately US$48.4 million (C$66 million). The portfolio includes direct exposure to Bitcoin, Ethereum, Solana,
and other high-conviction tokens aligned with the Company's long-term outlook on digital infrastructure. In addition, the Company holds
approximately US$14 million (C$19 million) in cash and USDT, providing strategic flexibility to expand or rebalance its treasury as market
conditions evolve.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">The portfolio breakdown is as follows as of June 30,
2025:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">&bull;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>208.8&nbsp;BTC</B>: US$25,605,799 (C$35,062,149) - <I>as of July 13, 2025</I></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">&bull;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>4,913,918&nbsp;SUI</B>: US$20,196,203 (C$27,740,662) - <I>as of July 15,
2025</I></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">&bull;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>161&nbsp;ETH</B>: US$400,320.06 (C$549,239)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">&bull;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>1,586,683 ADA</B>: US$907,837 (C$1,245,553)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">&bull;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>14,375 SOL</B>: US$2,224,726 (C$3,052,324)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">&bull;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>490.5&nbsp;UNI</B>: US$3,498 (C$4,800)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">&bull;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>433,321.6&nbsp;AVAX</B>: US$7,788,747 (C$10,686,161)</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">&bull;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>1,925,703 CORE</B>: US$994,860 (C$1,364,948)</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">This robust treasury strategy not only strengthens
the Company's financial foundation but also enhances its ability to capitalize on future growth opportunities and aligns with its goal
of building long-term shareholder value.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>About DeFi Technologies</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">DeFi Technologies Inc. (<U>Nasdaq: DEFT</U>) (<U>CBOE
CA: DEFI</U>) (<U>GR: R9B</U>) is a financial technology company bridging the gap between traditional capital markets and decentralized
finance (&quot;<B>DeFi&quot;</B>). As the first Nasdaq-listed digital asset manager of its kind, 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 over sixty-five of the world's most innovative digital assets via regulated ETPs; Stillman Digital, a digital asset prime
brokerage focused on institutional-grade execution and custody; Reflexivity Research, which provides leading 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. With deep expertise across capital markets and emerging technologies, DeFi Technologies is building the institutional
gateway to the future of finance. Follow DeFi Technologies on <U>LinkedIn</U> and <U>X/Twitter</U>, and for more details, visit <U>https://defi.tech/</U>&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>DeFi Technologies Subsidiaries</I></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>About Valour</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Valour Inc. and Valour Digital Securities Limited
(together, &quot;<B>Valour</B>&quot;) issues exchange traded products (&quot;<B>ETPs&quot;</B>) that enable retail and institutional investors
to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business
line of DeFi Technologies.&nbsp;For more information about Valour, to subscribe, or to receive updates, visit <U>&nbsp;valour.com</U>.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>About Stillman Digital</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Stillman Digital is a leading digital asset liquidity
provider that offers limitless liquidity solutions for businesses, focusing on industry-leading trade execution, settlement, and technology.
For more information, please visit <B><U>https://www.stillmandigital.com</U></B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>About Reflexivity Research</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Reflexivity Research LLC is a leading research firm
specializing in the creation of high-quality, in-depth research reports for the bitcoin and digital asset industry, empowering investors
with valuable insights. For more information, please visit <U>https://www.reflexivityresearch.com/</U></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>About Neuronomics AG</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Neuronomics AG is a Swiss asset management firm specializing
in AI-powered quantitative trading strategies. By integrating artificial intelligence, computational neuroscience and quantitative finance,
Neuronomics delivers cutting-edge solutions that drive superior risk-adjusted performance in financial markets. For more information,
please visit <U>https://www.neuronomics.com/</U></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>Analyst Coverage of DeFi Technologies</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">A full list of DeFi Technologies analyst coverage
can be found here: <U>https://defi.tech/investor-relations#research</U>.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">For inquiries from institutional investors, funds,
or family offices, please contact: <U>ir@defi.tech</U>&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B><I>Cautionary note regarding forward-looking information:</I></B><I>&nbsp;<BR>
This press release contains &quot;forward-looking information&quot; within the meaning of applicable Canadian securities legislation.
Forward-looking information includes, but is not limited to the digital asset treasury strategy of the Company; the monetization of the
Company's AUM; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company
and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information
is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance
or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking
information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour exchange traded products
by exchanges; growth and development of decentralised finance and digital asset sector; rules and regulations with respect to decentralised
finance and digital assets; fluctuation in digital asset prices; general business, economic, competitive, political and social uncertainties.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained
in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can
be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does
not undertake to update any forward-looking information, except in accordance with applicable securities laws.</I></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">View original content to download multimedia:https://www.prnewswire.com/news-releases/defi-technologies-reports-all-time-high-in-sui-assets-under-management-and-treasury-holdings-302506592.html</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">SOURCE DeFi Technologies Inc.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/16/c3336.html</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">%CIK: 0001888274</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0"><B>For further information: </B>For further information, please contact:
KCSA Strategic Communications, defi@kcsa.com; Olivier Roussy Newton, Chief Executive Officer, ir@defi.tech, (323) 537-7681</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CO: DeFi Technologies Inc.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CNW 07:30e 16-JUL-25</P>

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