DeFi Technologies to Begin Nasdaq Trading on May 12, 2025

An announcement from DeFi Technologies ( (TSE:DEFI) ) is now available.

On May 9, 2025, DeFi Technologies Inc. announced its approval to list common shares on the Nasdaq Capital Market, with trading set to begin on May 12, 2025, under the symbol ‘DEFT’. This move marks a significant milestone for the company, enhancing its visibility and liquidity, and providing broader access to institutional and retail investors. The listing does not involve capital raising, as the company maintains a strong financial position. DeFi Technologies will continue trading on the CBOE Canada and Börse Frankfurt exchanges, and plans to reconstitute its board committees to align with Nasdaq rules following its annual meeting on June 30, 2025.

Spark’s Take on TSE:DEFI Stock

According to Spark, TipRanks’ AI Analyst, TSE:DEFI is a Neutral.

DeFi Technologies exhibits strong revenue growth and strategic expansions, but faces challenges with profitability, negative cash flow, and valuation issues. Positive sentiment from the earnings call and strategic initiatives are encouraging, yet regulatory hurdles and market dependency remain key risks.

To see Spark’s full report on TSE:DEFI stock, click here.

More about DeFi Technologies

DeFi Technologies Inc. is a financial technology company that focuses on integrating traditional capital markets with decentralized finance (DeFi). The company emphasizes industry-leading Web3 technologies to provide investors with access to the evolving financial ecosystem. DeFi Technologies operates with a strong team experienced in financial markets and digital assets, aiming to revolutionize interactions within the financial sector.

Average Trading Volume: 455,238

Technical Sentiment Signal: Buy

Current Market Cap: C$51.06M

For detailed information about DEFI stock, go to TipRanks’ Stock Analysis page.