#Brazil #São Paulo #DeFi Technologies #B3 Exchange #BDRs

DeFi Technologies to Introduce Brazilian Depositary Receipts on B3

DeFi Technologies Inc., a prominent player in the financial technology space, has recently announced a significant milestone in its international expansion strategy. The company has received approval from the B3 Exchange to list Brazilian Depositary Receipts (BDRs) representing its common stocks. This new initiative is set to provide institutional investors in Brazil a seamless way to access DeFi Technologies’ shares, with trading expected to commence on December 17, 2025, under the ticker symbol "DEFT31."

Understanding BDRs

BDRs allow Brazilian investors to invest in foreign companies without needing to interact directly with international exchanges. They are particularly useful for those who may face restrictions on direct foreign equity investments. By listing these receipts, DeFi Technologies makes its shares accessible in a format familiar to Brazilian investors, complete with local currency support and compliance with Brazilian financial regulations.

Strategic Rationale

The deployment of DEFT31 BDRs aligns with DeFi Technologies’ broader strategy to enhance its visibility and establish a robust institutional presence in Brazil, South America's largest financial market. Brazil’s commitment to a formal regulatory framework, especially its newly enacted Virtual Assets Law, has fostered a nurturing environment for digital assets. This dynamic ecosystem underscores the growing importance of B3, as it continues to attract significant attention from both retail and institutional investors.

The Brazilian digital asset market is estimated to hold nearly US$319 billion, reflecting a vibrant landscape for crypto investments. Such a backdrop presents immense growth opportunities not only for DeFi Technologies but also for its subsidiary, Valour, which is launching four additional digital asset ETPs on the B3 Exchange around the same time.

Enhanced Investor Access

By launching these BDRs, DeFi Technologies aims to broaden access for local institutional investors. This expansion strategy caters to a market eager for digital asset exposure, leveraging existing brokerage and custody infrastructures. The DEFT31 program positions the company favorably to capture this demand while instilling greater confidence among Brazilian investors, who are increasingly turning towards digital assets.

The anticipated trading of DEFT31 on December 17 will offer Brazilian investors a local instrument to confidently invest in DeFi Technologies' growth, indicating strong corporate confidence in the Brazilian market’s potential. DeFi Technologies aims to capitalize on this momentum by integrating into Brazil's sophisticated capital markets ecosystem centered around B3, enabling a more robust interaction between local investors and global markets.

Management Insights

Johan Wattenström, Chief Executive Officer of DeFi Technologies, remarked, "Bringing DEFT31 BDRs to the market reinforces our commitment to developing regulated access to digital assets on a global scale. Brazil presents one of the most advanced and rapidly developing digital asset markets, and we are excited to offer local investors a straightforward path to engage with DeFi Technologies' growth."

Andrew Forson, the company’s President, echoed this sentiment by highlighting the strong demand from Brazilian investors for digital assets, driven by an evolving regulatory environment and mature market infrastructure. He stressed that DEFT31 is designed to meet the needs of institutions already utilizing B3 as their primary trading venue, providing them a familiar structure for local settlement under established governance standards.

Conclusion

The launch of Brazilian Depositary Receipts by DeFi Technologies marks a pivotal moment not just for the company, but for the entire landscape of digital finance in Brazil. With strong institutional demand and regulatory support, DeFi Technologies is poised to play a significant role in furthering Brazil’s position as a leading crypto economy in Latin America. As the December launch approaches, both Brazilian investors and the market at large eagerly await the next chapter in this unfolding story of digital finance integration.

This announcement, in combination with Valour's new ETPs, further solidifies DeFi Technologies’ commitment to serving the growing appetite for digital assets and traditional finance convergence in Brazil and beyond.