Mr. Johan Wattenstrom reports

DEFI TECHNOLOGIES APPOINTS JACOB LINDBERG AS CHIEF REVENUE OFFICER OF VALOUR, ITS ASSET MANAGEMENT BUSINESS, TO LEAD NORDIC AND EUROPEAN EXPANSION

Defi Technologies Inc. has appointed Jacob Lindberg chief revenue officer to subsidiaries Valour Inc. and Valour Digital Securities Ltd.

In this role, Mr. Lindberg will lead the development of Valour's commercial strategy across the Nordic region and other key European markets, supporting the continued expansion of the company's digital asset ETP platform, institutional partnerships and next phase of growth in institutional investment products.

Mr. Lindberg joins Valour at an important stage in its evolution as Defi Technologies broadens its platform beyond listed ETPs into a wider suite of institutional fund structures and capital markets products. In addition to expanding its ETP footprint across Europe, the company is developing products designed to meet growing demand from professional and institutional investors, including UCITS-style fund structures, actively managed certificates (AMCs), hedge fund, fund-of-funds strategies and other institutional vehicles intended to broaden distribution and create more durable, diversified assets under management.

Mr. Lindberg is the founder and former chief executive officer of Vinter, a regulated index provider specializing in crypto assets. Under his leadership, Vinter's indexes underpinned financial products listed on major exchanges, including Nasdaq, the London Stock Exchange, Deutsche Borse Xetra, Spotlight and the SIX Swiss Exchange. In 2024, Vinter was acquired by Kaiko, a financial data infrastructure company.

During his time at Vinter, Mr. Lindberg raised a $3.4-million (U.S.) seed round at a valuation of more than $20-million (U.S.), led by Octopus Ventures, and grew the business into an index provider serving many of the world's largest crypto asset managers. He was also named to the Forbes 30 Under 30 list in 2022.

Mr. Lindberg has developed methodologies behind several pioneering index products in the digital asset sector, including the first Bitcoin & Gold index ETP, the first crypto momentum-factor index ETP, and VDAB10, the first capped market-cap crypto index.

"Jacob brings a rare combination of entrepreneurial experience, digital asset expertise, and deep familiarity with the European investment product landscape," said Johan Wattenstrom, chief executive officer and chairman of Defi Technologies.

"Valour has built the broadest product offering for investors seeking access to the asymmetric return profile of crypto assets like bitcoin, ether and solana," said Mr. Lindberg. "The opportunity ahead is not only to expand access to crypto asset ETPs across key European markets, but also to help develop institutional-grade structures that meet the needs of a broader set of investors. I enjoyed working with Valour's accomplished team for years at Vinter, so I'm excited to join the firm at this stage to support Valour's commercial expansion."

About Defi Technologies Inc.

Defi Technologies is a financial technology company bridging the gap between traditional capital markets and decentralized finance (defi). As the first Nasdaq-listed digital asset manager of its kind, Defi Technologies offers equity investors diversified exposure to the broader decentralized economy through its integrated and scalable business model.

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