DeFi Technologies Provides Monthly Corporate Update

Subsidiary Valour Scales to Record C$699.5 Million in Assets Under Management Up 40.7% from Previous Month

• Record-Setting AUM Growth: Valour reached a historic high with C$699.5 million in Assets Under Management (“AUM”), reflecting a 40.7% increase from the previous month, which underscores strong investor confidence and significant market growth.
• Exceptional Market Activity and Growth: February showcased robust market activities for Valour, with a reported total turnover of approximately C$148.36 million and substantial total inflows of C$16.62 million. This demonstrates active market engagement and a strong alignment with current investment trends.
• The Success of Valour’s Solana ETP: The Valour Solana ETP has significantly contributed to both the overall AUM and the Company's revenues, with net inflows of C$4.89 million recorded in February. The AUM for the Valour Solana ETP has seen considerable growth, now standing at C$290.3 million, which also reflects positively on the company-wide AUM.

TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (NEO: DEFI) (GR: RB9) (OTC: DEFTF), a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi”), is pleased to announce that its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, "Valour"), a leading issuer of exchange traded products ("ETPs") that provide simplified access to digital assets, scales to record C$699.5 Million in assets under management (“AUM”) as of February 28, 2024, an increase of 40.7% from the previous month.

The significant ascent in AUM to C$699.5 Million, marking a notable 40.7% month-over-month growth, not only reflects continuous net inflows but also the increase in the prices of underlying assets. This substantial growth underscores the enduring appeal and market demand for Valour's ETPs. In February, Valour's market activities were highlighted by a total turnover of approximately C$148.36 million with an average daily turnover of C$7.81 million, indicating strong market performance and active investor engagement. Additionally, this period saw significant total inflows of about C$16.62 million, pushing Valour's cumulative net sales to C$554.5 million, up from January's C$532.9 million, further demonstrating Valour's ETPs' alignment with prevailing investment trends and the vibrant digital asset ecosystem.