DeFi Technologies Shareholders Back Reverse Split Amid Crypto Winter

DeFi Technologies shareholders have voted overwhelmingly in favor of a reverse stock split to maintain the company's Nasdaq listing. The move aims to address the stock's recent decline, which has seen it plummet by over 85% from its peak of €2.98.

The reverse consolidation was approved by more than 73% of votes cast at the annual meeting, with investors also supporting an advance notice by-law that tightens the window for shareholder nominations.

Despite the company's strong financial performance, with a record Q1 profit of $4.9 million and revenue of $99 million in 2025, the stock has fallen more than 40% since the start of the year.