<SEC-DOCUMENT>0001279569-25-000777.txt : 20250722
<SEC-HEADER>0001279569-25-000777.hdr.sgml : 20250722
<ACCEPTANCE-DATETIME>20250722163654
ACCESSION NUMBER:		0001279569-25-000777
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20250722
FILED AS OF DATE:		20250722
DATE AS OF CHANGE:		20250722

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:		251140703

	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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<!-- Field: Rule-Page --><DIV STYLE="margin-top: 12pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 4pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<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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    <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 22,
    2025 - DeFi Technologies' Subsidiary Valour, Surpasses US$1 Billion in Assets Under Management</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 22,
    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 22, 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 24pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">DeFi Technologies' Subsidiary Valour, Surpasses
US$1 Billion in Assets Under Management</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"><FONT STYLE="font-size: 10pt">&bull;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 15pt"><B>Valour Surpasses US$1 Billion in AUM:</B> As of July 22,
2025, Valour's AUM reached US$1.01 billion, a 31% increase since May 30, driven by strong investor demand and rising digital asset prices
across its globally diversified ETP portfolio.</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"><FONT STYLE="font-size: 10pt">&bull;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 15pt"><B>Global Expansion: </B>Valour is expanding into high-growth
markets including Asia, Africa, the Middle East, through strategic partnerships with AsiaNext, SovFi, the Nairobi Securities Exchange,
and Misyon Bank.</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"><FONT STYLE="font-size: 10pt">&bull;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 15pt"><B>Recurring Revenue Growth:</B> Valour continues to scale
its vertically integrated model, generating recurring income through staking, lending, and management fees, with an 8% blended yield on
staked AUM delivering pure profit to the company.</FONT></TD></TR></TABLE>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">TORONTO, July 22, 2025 /CNW/ - DeFi Technologies (the
&quot;<B>Company</B>&quot; or &quot;<B>DeFi Technologies</B>&quot;) (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company
bridging the gap between traditional capital markets and decentralized finance (<B>&quot;DeFi&quot;</B>), is pleased to announce that
its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, &quot;<B>Valour</B>&quot;), a leading issuer of exchange
traded products (&quot;<B>ETPs</B>&quot;) has surpassed US$1 billion in assets under management (&quot;AUM&quot;).</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">As of <B>July 22, 2025</B>, Valour's AUM stands at
<B>US$1,009,993,748</B> (C$1.38 billion), representing a <B>31% increase</B> from <B>US$771 million</B> on May 30, 2025. This milestone
reflects both continued investor demand for regulated digital asset products and the rising market value of the underlying digital assets
that make up Valour's product mix.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Valour currently offers the <B>most diverse array
of digital asset ETPs globally</B>, giving investors access to a broad spectrum of cryptocurrencies, including major Layer 1s, staking
assets, and emerging tokens - positioning the firm to capture upside across multiple market segments.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>Strategic Global Growth and Product Innovation</B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Valour continues to cement its leadership in regulated
digital asset ETPs, with <B>over 75 listed products</B> across European exchanges. The Company remains focused on expanding investor access
to secure, transparent, and compliant digital asset exposure.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">To complement its European footprint, Valour is actively
expanding into high-growth international markets, including Asia, Africa, and the Middle East:</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"><FONT STYLE="font-size: 10pt">&bull;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 15pt">In <B>Asia</B>, Valour has signed MOUs with <B>AsiaNext</B>
and <B>SovFi</B> to list its ETPs on regulated exchanges in Singapore and beyond.</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"><FONT STYLE="font-size: 10pt">&bull;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 15pt">In <B>Africa</B>, a partnership with the <B>Nairobi Securities
Exchange (NSE)</B> is paving the way for the creation, issuance, and trading of digital asset ETPs across the continent.</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"><FONT STYLE="font-size: 10pt">&bull;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 15pt">In <B>Turkiye</B>, DeFi Technologies and its subsidiary Valour
are collaborating with <B>Misyon Bank</B> and <B>Misyon Kripto</B> to introduce a suite of innovative ETPs, offering Turkish investors
institutional-grade exposure to assets like Bitcoin and Ethereum through familiar, regulated investment channels.</FONT></TD></TR></TABLE>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">These partnerships position Valour as a <B>first mover</B>
in emerging markets with rapidly maturing digital asset infrastructure and regulatory clarity.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>Monetizing AUM Through Vertical Integration</B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">Valour generates revenue through a vertically integrated
model that combines <B>staking</B>, <B>lending</B>, and <B>management fees</B>:</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"><FONT STYLE="font-size: 10pt">&bull;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 15pt">In <B>Q1 2025</B>, Valour earned <B>US$10 million</B> in
staking and lending income and <B>US$2.6 million</B> in management fees.</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"><FONT STYLE="font-size: 10pt">&bull;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 15pt">Valour captures a <B>blended yield of approximately 8%</B>
on its staked AUM - retaining this yield as profit without passing it through to investors.</FONT></TD></TR></TABLE>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">This approach enables Valour to generate <B>recurring,
protocol-driven cash flows</B>, supporting sustainable growth and expanding margins as AUM increases.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">&quot;Crossing the $1 billion mark once again is not
just a milestone - it's a clear signal of strong market confidence in our platform,&quot; said <B>Olivier Roussy Newton</B>, CEO of DeFi
Technologies. &quot;Valour is delivering differentiated, regulated digital asset products at scale, and our global expansion strategy
is already unlocking new market opportunities. We remain laser-focused on building a world-class ETP platform that captures value from
every layer of the digital asset economy.&quot;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>About DeFi Technologies<BR>
</B>DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) 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 LinkedIn and X/Twitter,
and for more details, visit https://defi.tech/&nbsp;&nbsp;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><I>DeFi Technologies Subsidiaries</I></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>About Valour<BR>
</B>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. For more information about Valour, to subscribe, or to receive
updates, visit valour.com.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>About Reflexivity Research<BR>
</B>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 https://www.reflexivityresearch.com/&nbsp;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>About&nbsp;Stillman Digital<BR>
</B>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&nbsp;<B>https://www.stillmandigital.com</B></P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B>About Neuronomics AG<BR>
</B>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 https://www.neuronomics.com/&nbsp;</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0"><B><I>Cautionary note regarding forward-looking information:</I></B><BR>
<I>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 growth of&nbsp;AUM; geographical expansion of Valour's range of ETPs;
MOUs; expansion of digital asset ETPs; investor interest and confidence in digital assets; 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; 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: 15pt 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: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">View original content to download multimedia:https://www.prnewswire.com/news-releases/defi-technologies-subsidiary-valour-surpasses-us1-billion-in-assets-under-management-302511187.html</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">SOURCE DeFi Technologies Inc.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/22/c3455.html</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">%CIK: 0001888274</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>For further information: </B>For further information, please contact:
Olivier Roussy Newton, Chief Executive Officer, ir@defi.tech, (323) 537-7681</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CO: DeFi Technologies Inc.</P>

<P STYLE="font: 15pt Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">CNW 16:05e 22-JUL-25</P>

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