DeFi Technologies Inc. announced on September 26, 2025, the launch of a public offering of 45,662,101 common shares and warrants to purchase up to 34,246,577 common shares, raising gross proceeds of approximately US$100 million (C$138.93 million). The offering closed on the same day, with shares and warrants sold at a combined price of US$2.19 per share and three-quarters of a warrant. Each warrant is exercisable at US$2.63 per share for three years, subject to an acceleration feature.

Joseph Gunnar & Co., LLC acted as the exclusive placement agent, earning a 6% commission on gross proceeds.The offering was made in both Canada and the U.S. under the Multi-Jurisdictional Disclosure System, with applications to list the shares and warrant shares on Cboe Canada and Nasdaq.

Net proceeds, after deducting fees and expenses, are expected to be used for working capital, expansion of exchange traded product offerings, digital asset trading, potential acquisitions, and other growth initiatives. The offering was made pursuant to a prospectus supplement and is subject to customary closing conditions and regulatory approvals.

Legal counsel for DeFi Technologies was provided by Farris LLP (Canada) and Latham & Watkins LLP (U.S.), while Cozen O’Connor represented the placement agent.