# EDGAR Filing Document

**Accession Number:** 0001888274
**File Stem:** 0001279569-26-000449
**Filing Date:** 2026-5
**Character Count:** 16437
**Document Hash:** 114f1eeaf172787276db01d4cd781e93
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001279569-26-000449.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001279569-26-000449

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260514

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260514

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Defi Technologies, Inc.
- **CENTRAL INDEX KEY:** 0001888274
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41056
- **FILM NUMBER:** 26980957

**BUSINESS ADDRESS:**
- **STREET 1:** 198 DAVENPORT ROAD
- **CITY:** TORONTO
- **STATE:** Z4
- **ZIP:** M5R 1J2
- **BUSINESS PHONE:** 416-861-5882

**MAIL ADDRESS:**
- **STREET 1:** 198 DAVENPORT ROAD
- **CITY:** TORONTO
- **STATE:** Z4
- **ZIP:** M5R 1J2

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**** 

<br> **FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 <br> UNDER THE SECURITIES EXCHANGE ACT OF 1934**

For the month of May, 2026.

Commission File Number 001-41056

**DEFI TECHNOLOGIES INC.**

(Translation of registrant's name into English)

Suite 2400, 333 Bay Street, Toronto, Ontario, Canada M5H 2T6

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

☐ Form 20-F ☒ Form 40-F

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Exhibit Number** | &nbsp;&nbsp;**Description** |
| &nbsp;&nbsp;[99.1](ex991.htm) | &nbsp;&nbsp;[New Release dated May 14, 2026 - DeFi Technologies Inc. Announces First Quarter 2026 Financial Results with Revenue of $11.2 Million, Net Income of $4.9 Million, and Strong Balance Sheet](ex991.htm) |

---

---

| | | |
|:---|:---|:---|
|  |  | &nbsp;&nbsp;**<u>DEFI TECHNOLOGIES INC.</u>** |
|  |  | &nbsp;&nbsp;(Registrant) |
| &nbsp;&nbsp;Date: May 14, 2026 | &nbsp;&nbsp;By | &nbsp;&nbsp;/s/ Kenny Choi |
|  |  | &nbsp;&nbsp;Kenny Choi<br> Corporate Secretary |

---

## Exhibit 99.1

**EXHIBIT 99.1**

**DeFi Technologies Inc. Announces First Quarter 2026 Financial Results with Revenue of $11.2 Million, Net Income of $4.9 Million, and Strong Balance Sheet**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Positive net income and operating revenue:** DeFi Technologies
reported **revenue of $11.2 million** and **net income of $4.9 million** for the three months ended March 31, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Improved balance sheet and liquidity:** As of March
31, 2026, DeFi Technologies held **$103.4 million** in combined cash and USDT/USDC, **$23.5 million** in digital asset treasury
holdings, and a venture and private portfolio valued at **$29.1 million**, for total cash, treasury, and venture portfolio value of
approximately **$156 million**. The Company also reported **positive working capital of $47.3 million**, compared to **negative working capital of $5.1 million** at December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Continued platform monetization:** During the quarter,
Valour generated **$3.3 million** in management fees, staking, and lending income on average quarterly AUM of **$533.6 million**,
and Stillman Digital contributed **$2.9 million** in trading commissions revenue.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Strategic capital deployment:** The Company is actively
deploying capital into growth initiatives, strategic infrastructure, and new institutional product structures.

TORONTO, May 14, 2026 /CNW/ - **DeFi Technologies Inc.** (the "Company" or "DeFi Technologies") (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) (B3: DEFT31), a financial technology company bridging the gap between traditional capital markets and decentralized finance ("DeFi"), today announced its financial results for the three months ended March 31, 2026. All dollar amounts in this press release are in **U.S. dollars**, unless otherwise stated.

**Financial Highlights**

**Revenue**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Total revenue for the three months ended March 31, 2026,
was **$11.2 million**, compared to **$43.8 million** in Q1 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Core operating revenue, excluding realized and net change
in unrealized gains and losses, was **$6.3 million**, compared to **$8.3 million** in Q1 2025.

**Net Income**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net income for the three months ended March 31, 2026, was **$4.9 million**, compared to **$30.0 million** in Q1 2025.

**Operating Expenses**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Total operating expenses for Q1 2026 were **$11.4 million**,
compared to **$12.5 million** in Q1 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The decrease reflects continued cost discipline across the
platform, including lower share-based payments, partially offset by higher operating, general and administrative expenses associated with
growth initiatives.

**Valour - AUM, Management Fees, Staking and Lending Income**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For the three months ended March 31, 2026, Valour's average
AUM was **$533.6 million** compared to **$789 million** in Q1 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For the three months ended March 31, 2026, Valour generated **$1.9 million** in staking and lending income, compared to **$3.5 million** in Q1 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Management fees were **$1.4 million**, compared to **$2.5 million** in Q1 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Together, management fees and staking and lending income
totaled **$3.3 million** in Q1 2026, compared to **$6.1 million** in Q1 2025.

**Stillman Digital**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For the three months ended March 31, 2026, Stillman Digital
generated **$2.9 million** in trading commissions revenue, compared to **$2.1 million** in Q1 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Stillman continues to strengthen the institutional trading,
execution, and liquidity layer of DeFi Technologies' platform.

**Other Revenue**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For the three months ended March 31, 2026, the Company generated **$0.1 million** in other revenue, compared to **$0.2 million** in Q1 2025.

**Cash, Treasury, Venture, and Working Capital Position**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Cash and USDT/USDC balance:** As of March 31, 2026,
DeFi Technologies held **$87,595,108** in cash and **$15,779,769** in USDT/USDC, for a combined balance of **$103,374,877**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Digital asset treasury holdings:** As of March 31, 2026,
the Company's treasury holdings totaled approximately **$23,463,860**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Venture portfolio:** As of March 31, 2026, the Company's
venture and private portfolio was valued at **$29,064,422**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Working capital:** As of March 31, 2026, the Company
reported **positive working capital of $47,333,067**, compared to **negative working capital of $5,144,229** as of December 31,
2025. Together, total cash, USDT/USDC, treasury, and venture portfolio value stood at approximately **$156 million** as of March 31, 2026. The Company regularly monitors its cash and digital asset reserves on a consolidated basis and allocates a portion of its digital asset treasury reserve to support ETP market risk hedging and broader strategic capital allocation.

**Comment from Johan Wattenström, Chief Executive Officer of DeFi Technologies**

"Q1 2026 reflected continued execution across DeFi Technologies' platform and reinforces the strength and durability of the business we have built. In the most challenging quarter of this recent crypto market downturn, with asset prices reaching their bear market lows, we generated revenue of $11.2 million and positive net income of $4.9 million, while further strengthening our balance sheet by significantly improving our working capital position.

Across the business, we have demonstrated that DeFi Technologies is not reliant on any single product, revenue stream, or market environment. Our platform continues to benefit from multiple pathways for growth across asset management, trading, and capital markets infrastructure, and we believe the Company has never been better positioned to capitalize on the convergence of decentralized finance and traditional capital markets.

Our fortress balance sheet gives us the ability to be proactive rather than reactionary and to deploy capital deliberately into growth initiatives, strategic infrastructure, and potential acquisitions that deepen our capabilities and strengthen long-term earnings power.

We continue to see opportunities to increase monetization across the platform, particularly through the trading, hedging, and market-making infrastructure embedded across Valour's issuance stack, which supports our ability to earn additional income on AUM more efficiently. As we move through 2026, we remain focused on scaling Valour's platform, expanding institutional product structures such as UCITS, AMCs, and other regulated vehicles, supporting Stillman Digital's institutional execution and infrastructure growth, and investing in the products and rails that support the future of digital asset investing.

We are increasingly optimistic that the lows in this cycle are behind us, which we believe sets up a more favorable backdrop for AUM growth, increased ETP demand, and revenue acceleration through the remainder of 2026. That optimism is already beginning to show in the business, with AUM recently sitting above $550 million and April 2026 net inflows of $14.6 million, the second-highest monthly inflow in the last 12 months after September 2025 inflows of $22.6 million, following a Q1 period in which flows were effectively flat. With a proven business model, expanding monetization, and the financial flexibility to operate from a position of strength, we believe DeFi Technologies is exceptionally well-positioned for the quarters ahead."

**DeFi Technologies Shareholder Call to Discuss Q1 2026 Financial Results**

To register for the webcast, see below:

When: Friday, May 15, 2026<br> Time: 11:00 AM Eastern Time<br> Topic: DeFi Technologies Q1 2026 Financials

Register in advance for this webinar: <u>https://zoom.us/webinar/register/WN_lplVZ39pRD-YwHE1ryEBMA</u>

**Analyst Coverage of DeFi Technologies**

A full list of DeFi Technologies analyst coverage can be found here: **<u>https://defi.tech/investor-relations#research</u>**.

**For inquiries from institutional investors, funds, or family offices, please contact: <u>ir@defi.tech</u>**

**Upcoming Conferences & Events**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Upcoming Conferences** | &nbsp;&nbsp;**Dates** | &nbsp;&nbsp;**City** |
| &nbsp;&nbsp;B. Riley Securities 26th Annual Investor Conference | &nbsp;&nbsp;May 21 | &nbsp;&nbsp;Los Angeles |
| &nbsp;&nbsp;Benchmark-StoneX Digital Assets Summit | &nbsp;&nbsp;May 27 | &nbsp;&nbsp;NYC |

---

**About DeFi Technologies**

DeFi Technologies Inc. (**<u>Nasdaq: DEFT</u>**) (**<u>CBOE CA: DEFI</u>**) (**<u>GR: R9B</u>**) (Brazil B3: DEFT31) is a financial technology company building for the convergence of traditional capital markets and decentralized finance ("DeFi"). As a publicly listed and vertically integrated digital asset platform, DeFi Technologies provides familiar, simple, secure, and regulated access to the digital asset economy through investment products, trading and liquidity infrastructure, research, and strategic capital deployment. Its business includes Valour, a leading issuer of regulated digital asset ETPs; Stillman Digital, an institutional-grade digital asset trading and liquidity platform; and DeFi Alpha, the Company's internal business line focused on opportunistic trading, arbitrage, and other capital markets strategies. With deep expertise across capital markets and emerging technologies, DeFi Technologies is building the gateway between traditional finance and the future of digital assets.

Follow DeFi Technologies on **<u>LinkedIn</u>** and **<u>X/Twitter</u>**, and for more details, visit **<u>https://defi.tech/</u>**.

*DeFi Technologies Subsidiaries*

**About Valour**

Valour Inc. and Valour Digital Securities Limited (together, "**Valour**") issues exchange traded products ("**ETPs**") that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies. For more information about Valour, to subscribe, or to receive updates, visit **<u>valour.com</u>**.

**About Stillman Digital**

Stillman Digital is a leading digital asset liquidity provider that offers limitless liquidity solutions for businesses, focusing on industry-leading trade execution, settlement, and technology. For more information, please visit **<u>https://www.stillmandigital.com</u>**.

***Cautionary note regarding forward-looking information:*** *<br> This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the financial results of the Company; revenue outlook of the Company and its business segments; growth of AUM; revenue generating opportunities for the Company's digital asset holdings;Stillman Digital and their respective plans and outlooks for 2026; fluctuation in digital asset prices; investment and interest in the digital asset sector; future collaborations and partnerships; development of ETPs; geographic expansion of the Company; future acquisitions by the Company; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by DeFi Technologies and its subsidiaries of business opportunities; the appointment of directors and officers of the Company; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour exchange traded products by exchanges; growth and development of DeFi and digital asset sector; rules and regulations with respect to DeFi and digital assets; fluctuation in digital asset price levels; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.*

**THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE**

View original content:https://www.prnewswire.com/news-releases/defi-technologies-inc-announces-first-quarter-2026-financial-results-with-revenue-of-11-2-million-net-income-of-4-9-million-and-strong-balance-sheet-302772854.html

SOURCE DeFi Technologies Inc.

View original content: http://www.newswire.ca/en/releases/archive/May 2026/14/c1542.html

%CIK: 0001888274

**For further information:** For further information, please contact: Johan Wattenstrom, Chief Executive Officer, ir@defi.tech, (323) 537-7681

CO: DeFi Technologies Inc.

CNW 17:00e 14-MAY-26