DeFi Technologies CEO cites weak crypto markets, capital raise as key drivers of share decline
Reuters2026/07/27 11:30By:Reuters
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- DeFi Technologies CEO Johan Wattenström addressed the share-price slide, citing a weak crypto market, rotation out of crypto equities, capital-raise technical pressure.
- Positioned the balance sheet at about $150 million at end-Q1, profitable, effectively zero debt; pointed to record revenue and net income in 2025.
- Flagged near-term launches for a first hedge fund, expanded arbitrage in the second half; Valour Custody targeted for the second half.
- Outlined EU regulatory setbacks on a crypto UCITS structure in Sweden; pursuing an appeal while building a UCITS platform elsewhere in the EU.
- Kept a reverse split as a contingency for Nasdaq compliance; no plan to execute unless needed, citing 73% shareholder support for the option.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DeFi Technologies Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607270730PR_NEWS_USPR_____VA12292) on July 27, 2026, and is solely responsible for the information contained therein.
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