DeFi Technologies Inc. has taken the impressive step of having its common shares listed on The Nasdaq Stock Market LLC. Over the last two weeks, they lodged an amended Form 40-F Registration Statement with the United States Securities and Exchange Commission (SEC). This move underscores the company's commitment to expanding investor access to the burgeoning world of decentralized finance (DeFi) and Web3 technologies. The Nasdaq listing is subject to approval and all regulatory requirements. This amendment represents another important step in DeFi Technologies’ strategic vision towards bridging traditional capital markets and emerging decentralized financial markets. The firm has announced its intent to continue listing on the Cboe Canada Exchange.

The amended Form 40-F replaces the original filing dated September 16, 2024. This affirmation is a testament to how DeFi Technologies is actively pursuing to align itself with Nasdaq’s highly stringent listing standards. This filing provides unprecedented, detailed insights into the company, its operations, and its grim financial status. Third, it allows the SEC to accurately judge the company’s fitness for being listed on a major U.S. stock exchange.

DeFi Technologies Inc. a Canadian financial technology company. By doing so, it is directly connecting traditional capital markets with the more advanced ecosystem of decentralized finance. This path, by providing investors with a gateway to industry-leading Web3 technologies, is how the company aims to democratize participation in the future of finance. Its common shares are currently listed on the OTC market under the ticker symbol DEFTF, as well as on the Cboe Canada Exchange under the ticker symbol DEFI, and the GR: R9B exchange.

The pursuit of a Nasdaq listing reflects DeFi Technologies' ambition to broaden its investor base and enhance its visibility within the global financial community. Listing on a major U.S. exchange like Nasdaq can significantly increase a company's profile, attract institutional investors, and provide greater liquidity for its shares. This strategic move continues to support DeFi Technologies’ ongoing commitment to bring DeFi into the mainstream.

>The amended Form 40-F filing is encouraging progress in the right direction. DeFi Technologies’ shares are still required to fulfill a number of other conditions before they’re eligible to be listed on the Nasdaq. Now the Nasdaq only needs to approve the company’s application. In addition, DeFi Technologies will need to prove that it passes every applicable listing and regulatory requirement. These requirements often entail meeting minimum financial standards, corporate governance requirements, and registering or otherwise complying with U.S. securities laws.

DeFi Technologies has decided to remain listed on the Cboe Canada Exchange. This courageous move illustrates the Network’s deep commitment to its Canadian investors. This dual-listing strategy allows the company to access both Canadian and U.S. capital markets. Ultimately, it would help increase its total market cap as well as its trading volume.

DeFi Technologies Inc. is a groundbreaking financial technology company. Specifically, it’s looking at the groundbreaking intersection of traditional finance and decentralized technologies. The company's focus on Web3 technologies positions it to capitalize on the growing interest in blockchain-based applications, digital assets, and decentralized financial services.

If successful, the Nasdaq listing would be a key development for DeFi Technologies. Yet it serves as a proxy vote for how rapidly DeFi is being accepted and assimilated into the broader financial ecosystem. Companies such as DeFi Technologies are on the cutting edge of making links between traditional finance and decentralized finance. This push will surely result in greater innovation, larger investment, and increased regulatory scrutiny in the industry.

The company's existing listings on the OTC market (DEFTF), the Cboe Canada Exchange (DEFI), and the GR: R9B exchange provide investors with multiple avenues to access its shares. Listing on Nasdaq will further enhance the company’s accessibility. This new step will help to draw in more investors, including local, national, and even international impact investors.

DeFi Technologies is on a mission to provide everyone access to the decentralized future of finance. As insiders, they are deeply passionate about the transformative power of decentralized technologies. Envestnet’s purpose is in empowering investors. By providing access to new and exciting investment products and services, it allows them to benefit from the unprecedented growth of the digital economy.

This amended Form 40-F filing is a public document and can be found here in the SEC’s EDGAR database. This proactive transparency is a testament to DeFi Technologies’ ongoing commitment to transparency, open communication, and regulatory compliance. Our investors and other stakeholders have direct access to this filing. This will allow them to provide better context on the company’s business strategy, financial performance, and risk factors.

The company’s long and winding road to its future potential listing on Nasdaq is one that has captivated industry observers, investors, and regulators themselves. The outcome of this process will likely have major ramifications—not just for DeFi Technologies—but the entire DeFi industry. A first triple- or quadruple-digit business model will succeed validation through successful Nasdaq listing. It will open the doors for other DeFi-focused firms to gain entry into U.S. capital markets.

DeFi Technologies has made clear its ambitious push toward a Nasdaq listing. This historic move illustrates the growing maturity and sophistication of the DeFi industry. It’s an exciting time for the industry, there’s no doubt about that. This momentum will inevitably catch the eyes of institutional investors and regulators alike, propelling even more mainstream adoption and integration with traditional financial systems.

The company focuses on upholding its Cboe Canada Exchange listing. This devotion to the craft demonstrates TSX’s vigorous advocacy for Canadian investors and its investment in the burgeoning development of Canadian capital markets. This dual-listing strategy gives investors additional flexibility and more accessibility to DeFi Technologies’ shares through either stock market.

DeFi Technologies, with its singular focus on industry-leading Web3 technologies, is uniquely positioned to help institutional investors capitalize on emerging opportunities in the decentralized economy. The pace of change with blockchain technology and digital assets is unlike anything we have ever seen. The company is now poised to provide its investors with innovative new investment products and services.

The prospective Nasdaq listing provides an enormous boost for DeFi Technologies. It can increase brand awareness, create new investor interest, and accelerate expansion. Management has faith in their company and its listed management team’s success in fulfilling the listing requirements. They have an obligation and a fiduciary duty to deliver shareholder value.