Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
DeFi Technologies Eyes Nasdaq Listing and Global Expansion
DeFi | Nov 15, 2024
Image: Freepik
DeFi Technologies Targets Nasdaq Listing Amid Strong Q3 Growth
DeFi Technologies Inc., a Canadian player in the world of decentralized finance (DeFi) continues its plans to have its shares traded on the Nasdaq Stock Market while confirming solid Q3 financial results in a press release update on November 14, 2024.
Key Updates for Q4 2024
Nasdaq Listing Progress
The company filed a registration document known as Form 40 F to the U.S Securities and Exchange Commission (SEC) on September 16th in the year 2024. Once all necessary regulatory and listing approvals are finalized, the listing is anticipated to improve access and attract more global investors, cementing DeFi Technologies' role as a leading player in the digital asset sector.
See: CFTC Publishes DeFi Report for Policymakers and Industry
Valour's Debt-Free Growth
- Assets under management touched $1.1 billion CAD as of Nov 13, 2024 (900% increase since late 2022).
- Valour plans to grow its ETP range from 28 to 40 products by year end (and targeting 100 products by end 2025).
- Seeking regulatory approvals to expand to new markets including Asia, Middle East, and North Africa.
- Paid off all outstanding debt in October 2024 ($36.5 million USD) for greater flexibility to support innovation and growth plans.
Stillman Digital Integration
- Improved trading capabilities by acquiring Stillman Digital, a liquidity provider in the market with a trade volume exceeding $20 billion USD.
- Stillman projects $6.7 million USD revenue in 2024 and has plans to diversify into custody services, foreign exchange, and proprietary trading in 2025.
Outlook
This milestone is a big achievement for a Canadian fintech with potential to lead in the next wave of global financial innovation. With its debt-free status and future plans, DeFi Technologies is positioning itself to capitalize on the growing demand for decentralized finance solutions.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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