Mr. Johan Wattenstrom reports

DEFI TECHNOLOGIES' ASSET MANAGEMENT BUSINESS, VALOUR, SECURES US$11 MILLION IN INSTITUTIONAL INVESTMENT INTO HEDERA ETPS, INCLUDING US$10 MILLION ON BORSE FRANKFURT AND US$1 MILLION ON SWEDEN'S SPOTLIGHT

Defi Technologies Inc.'s subsidiary, Valour Inc., and Valour Digital Securities Ltd., has secured approximately $11-million (U.S.) in aggregate institutional investment across two separate transactions, based on execution value at the time of purchase, including $10-million (U.S.) into its Valour Hedera (HBAR) ETP listed on Borse Frankfurt and $1-million (U.S.) into Valour Hedera SEK on Sweden's Spotlight Exchange.

The investments were made by institutional investors with a bullish view on Hedera (HBAR) and reflect growing demand for regulated, exchange-traded access to digital assets through traditional market infrastructure. The transactions represent a pivotal step in expanding Valour's assets under management in Germany, one of Europe's most important markets for exchange-traded investment products.

The investments originated through strategic engagement at Defi Technologies' Abu Dhabi Insights Symposium, where the company featured its DEFT Valour Investment Opportunity Index (DVIO Index) as a framework for identifying digital assets gaining traction with sophisticated allocators. The resulting institutional participation in Valour's Hedera ETP underscores how Defi Technologies is leveraging its product platform, market intelligence and investor network to help drive adoption across the digital asset sector.

Launched January, 2026, this institutional-grade benchmark tracks the top 50 crypto assets by AUM (assets under management) within Valour's ETP ecosystem. Weights are adjusted weekly based on actual regulated investor capital allocation and net flow momentum -- providing a real-time barometer of where institutional and retail money is positioned across digital assets.

"The strength of our ETP platform is not only in providing regulated access to digital assets, but in helping surface where institutional demand is forming," said Andrew Forson, president of Defi Technologies and chief growth officer of Valour. "These investments into Valour's Hedera ETPs demonstrate how the combination of our product suite of a world-leading 102 digital asset underlying ETPs, and the DVIO Index can translate conviction into capital formation. We believe this is a strong signal for Hedera (HBAR) and a meaningful step forward in the continued growth of our AUM in Germany. This significant institutional injection of capital qualifies Hedera (HBAR) for extended research coverage in the periodic DVIO Index InFocus reports as well as intensive analysis during our live, in-person, Defi Technologies Insights Global Symposia Capital Markets Roadshow sessions. The Capital Markets Roadshow is an informational session that takes place during symposia which analyzes and highlights the investment and technological value of digital assets that underpin select Valour ETPs."

The DVIO Index is designed to identify opportunity and relative momentum across Valour's regulated ETP platform by tracking signals derived from market activity, product engagement and capital allocation trends. Defi Technologies believes the investments provide a strong example of how these signals can align with institutional demand and support broader digital asset adoption through regulated investment vehicles.

Growth in AUM is particularly significant for Valour because it directly supports the revenue-generating capacity of its asset management business. Valour monetizes its AUM through management fees earned on its ETPs. As AUM grows, Valour benefits not only from a larger fee base but also from greater opportunities to enhance monetization and operating leverage across its platform.

For the Hedera ecosystem, the transactions represent a meaningful signal of increasing institutional recognition. As more professional investors seek targeted exposure to digital assets through transparent and familiar structures, regulated ETPs can play an important role in broadening access, increasing visibility and deepening market credibility for emerging ecosystems such as Hedera.

For Valour, the transactions further reinforce Borse Frankfurt as a strategic venue for growth in Germany and support the company's broader objective of expanding its footprint with both institutional and retail investors across key European markets. As Defi Technologies continues to deepen its asset management capabilities, investments of this nature can serve as an important catalyst for AUM growth, liquidity and long-term product adoption.

Valour's Hedera ETPs provide investors with exchange-traded exposure to HBAR, the native token of the Hedera network, through a regulated product available via traditional brokerage and banking platforms. By pairing regulated product issuance with differentiated market intelligence tools such as the DVIO Index, Defi Technologies continues to strengthen its position at the intersection of traditional finance and digital assets.

About Defi Technologies Inc.

Defi Technologies is a financial technology company building for the convergence of traditional capital markets and decentralized finance (DeFi). As a publicly listed and vertically integrated digital asset platform, Defi Technologies provides familiar, simple, secure and regulated access to the digital asset economy through investment products, trading and liquidity infrastructure, research, and strategic capital deployment. Its business includes Valour, a leading issuer of regulated digital asset ETPs; Stillman Digital, an institutional-grade digital asset trading and liquidity platform; and Defi Alpha, the company's internal business line focused on opportunistic trading, arbitrage and other capital markets strategies. With deep expertise across capital markets and emerging technologies, Defi Technologies is building the gateway between traditional finance and the future of digital assets.

About Valour Inc.

Valour and Valour Digital Securities issues exchange-traded products (ETPs) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of Defi Technologies.

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