DeFi Technologies Secures Landmark US$100 Million Funding, Fueling Future Innovation

DeFi Technologies Inc., a leading force in the burgeoning world of decentralized finance, has announced a monumental achievement: the successful closing of its previously unveiled US$100 million registered direct offering. This substantial influx of capital, secured from a formidable lineup of institutional investors, marks a pivotal moment for the company, positioning it for unprecedented growth and strategic expansion within the dynamic DeFi ecosystem.

The offering, which garnered significant interest, saw the issuance of 200,000,000 common shares alongside warrants to purchase an additional 100,000,000 common shares.

Each common share and its accompanying warrant were priced at an attractive US$0.50, reflecting confidence in DeFi Technologies' vision and execution. The warrants, designed to empower future growth, are immediately exercisable at a price of US$0.75 per common share and hold a five-year term from the date of issuance, providing long-term strategic flexibility.

H.C.

Wainwright & Co. played a crucial role as the exclusive lead placement agent for this offering, orchestrating a seamless process that connected DeFi Technologies with discerning institutional capital. Their expertise was instrumental in ensuring the successful completion of this significant financial milestone.

The injection of US$100 million is not merely a financial transaction; it's a launchpad for the next phase of innovation.

DeFi Technologies intends to strategically deploy these proceeds for robust working capital and general corporate purposes. This includes funding groundbreaking strategic investments and targeted acquisitions that will enhance its capabilities, expand its reach, and cement its leadership position in the decentralized finance landscape.

This offering was executed pursuant to an effective shelf registration statement (File No.

333-277150) previously filed with the U.S. Securities and Exchange Commission (SEC), which was declared effective on July 25, 2024. All necessary prospectus supplements and related documentation have been filed with the SEC, ensuring full transparency and compliance.

As DeFi Technologies continues to navigate and innovate within the rapidly evolving DeFi sector, this US$100 million capital raise stands as a powerful testament to investor confidence in its business model and future prospects.

It equips the company with the financial firepower to seize emerging opportunities, drive technological advancements, and contribute meaningfully to the mainstream adoption of decentralized finance.