DeFi Technologies (DEFT)
Provides regulated digital-asset ETPs alongside trading, research, venture, and institutional-execution services.
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Sells regulated digital-asset ETPs through Valour and operates trading, venture, research, and institutional-execution businesses. Activities span market-access products, DeFi Alpha trading and arbitrage, Reflexivity research, and Stillman's liquidity, execution, settlement, and technology services.
Valour issues and lists exchange-traded products that provide indirect exposure to digital assets, related indexes, and other DeFi instruments. DeFi Alpha operates as a trading and arbitrage desk, while its Ventures business invests in the sector.
Reflexivity Research supplies crypto-native research, and Stillman Digital provides institutional liquidity, trade execution, settlement, and technology services to institutional market participants. The platform therefore combines market-access products with trading, research, venture, and execution operations.
Operations span several subsidiaries and exchange listings. Its asset-management business depends on regulated ETP listings that offer investors indirect digital-asset exposure.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 19, 2026 | Maxim Group | Downgrade | ||
| Aug 17, 2026 | Northland Securities | Target | Target: $2.50 | Target: $1.25 |
| Nov 21, 2025 | Coker Palmer | Target | Target: — | Target: $3 |
| Nov 17, 2025 | Northland Securities | Target | Target: — | Target: $2.50 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $483.6M · Total debt $0 · Total assets $572.6M · Shareholders' equity $142.4M
- Revenue
- $3.0M
- Operating income
- −$14.3M
- Net income
- −$14.7M
No dividends on record.
| Institutions | 8.07% | 31.29M shares | |
|---|---|---|---|
| 110 holders · as of Jun 30, 2026 | |||
| Other | 91.93% | 356.61M shares | |
| remainder | |||
387.90M company shares as of Aug 28, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Weiss Asset Management LPInstitution | 1.59% | 6.17M | as of Jun 30, 2026 |
Charles Schwab Investment Management IncInstitution | 0.80% | 3.10M | as of Jun 30, 2026 |
Sixth Street Partners Management Company, L.P.Institution | 0.80% | 3.10M | as of Jun 30, 2026 |
Susquehanna International Group, LLPInstitution | 0.70% | 2.72M | as of Jun 30, 2026 |
Bank of Montreal /Can/Institution | 0.57% | 2.21M | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| DeFi Technologies | $0.5785 | −0.70% | $226.0M | 9.1 | 35.0 | 6.9 | −76.1% |
| CoinShares | $5.92 | −0.76% | $785.4M | — | — | — | — |
| Galaxy Digital | $27.12 | +4.01% | $8.65B | — | — | 0.1 | −3.8% |
| Coinbase | $198.18 | −1.43% | $53.04B | — | 303.2 | 9.6 | −18.5% |
| Median | — | 303.2 | 4.9 | −11.2% |





