DeFi Technologies Executes Oversubscribed Offering Worth $100 Million
DeFi Technologies Executes Oversubscribed Offering Worth $100 Million
DeFi Technologies Inc., a financial technology company focused on merging traditional capital markets with decentralized finance, has successfully announced the pricing of an oversubscribed registered direct offering amounting to US$100 million. This marks a significant step for the company, which is recognized for its role in the advancing digital asset and decentralized finance sectors.
On September 25, 2025, DeFi Technologies revealed that it has entered into a securities purchase agreement with a group of prominent institutional investors, led by Galaxy Digital. This agreement includes the acquisition of approximately 45.66 million shares of common stock, along with warrants that allow for the purchase of an additional 34.25 million shares of common stock. Investors will engage in this purchase at a combined price of US$2.19 per share, along with a fraction of a warrant.
The warrants include an exercise price of US$2.63 per share, presenting a notable premium of 120% to the offering price. This feature allows for immediate exercise upon issuance, with a lifespan of three years, subject to acceleration mechanisms based on share price fluctuations and other influencing factors.
The anticipated closing date for the offering is set for September 26, 2025, pending the fulfillment of standard closing conditions. These include obtaining requisite regulatory approvals, notably those from the Cboe Canada Exchange and notification to the Nasdaq Capital Market Exchange.
Joseph Gunnar & Co., LLC is acting as the exclusive placement agent for this offering, which is expected to net DeFi Technologies US$100 million before deducting associated fees and expenses incurred during the process. The funds raised from this offering are intended to be used for general corporate purposes, including bolstering the company’s working capital.
Background on DeFi Technologies
DeFi Technologies operates in the burgeoning financial landscape that bridges established financial practices with innovative decentralized systems. The company's integrated model offers equity investors diversified exposure to the expanding decentralized economy. This is facilitated through several avenues, including Valour, which provides regulated exposure to digital assets; Stillman Digital, focusing on institutional-grade execution and custody services; Reflexivity Research, a research division dedicated to the digital asset sector; and Neuronomics, which develops quantitative trading strategies. Furthermore, DeFi Alpha represents their internal trading operations focused on arbitrage opportunities.
Future Outlook
This offering arrives at a time when decentralized finance is gaining significant traction, appealing to both institutional and retail investors. The success and oversubscription of this offering demonstrate a robust interest in DeFi Technologies’ market approach and financial strategies, positioning them favorably for future endeavors. Stakeholders are optimistic that this influx of capital will enhance their capacity for innovation, particularly as the digital asset ecosystem continues to evolve at a rapid pace.
Cautionary Note: Forward-looking statements regarding this offering and its anticipated outcomes are subject to various risks and uncertainties that could result in actual results differing significantly from projected outcomes. Key factors include regulatory approvals, market conditions, and the evolving landscape of decentralized finance and digital assets.
In conclusion, DeFi Technologies remains committed to its mission of enabling investors’ access to the decentralized economy, continuously aligning itself to lead in this transformative sector. Charged with newfound capital and supportive institutional backing, the company is on a promising trajectory to not only enhance its offerings but also contribute considerably to the maturation of the digital finance landscape.