DeFi Tech Share Price Plummets Despite Record Revenue

DeFi Technologies Inc., listed on Nasdaq as DEFT, has seen its share price drop sharply from $3.59 to $0.53 in recent months, despite posting record annual revenue of $99.1 million and net income of $62.7 million in 2025.

The company, formerly known as Valour Inc., operates a holding company that bridges traditional capital markets and decentralized finance (DeFi), with several distinct business lines including Valour Inc.'s exchange-traded products (ETPs) and Stillman Digital's trading desk focused on OTC liquidity and arbitrage.

The disconnect between DeFi Technologies' share price and its business fundamentals has been attributed to a broader crypto-equity selloff, Nasdaq listing compliance issues, ongoing securities litigation, and analyst price target reductions.