DeFi Technologies (Nasdaq: DEFT), a monetary know-how firm targeted on bridging conventional capital markets with decentralized finance, has introduced a major enlargement of its operations, marked by its current Nasdaq itemizing and a strategic entry into the real-world asset (RWA) sector with a brand new regulated stablecoin.
The corporate’s widespread shares started buying and selling on the Nasdaq Capital Market underneath the image “DEFT” on Could 12, 2025. This uplisting from the OTC Markets is a pivotal step for DeFi Technologies, geared toward enhancing its visibility, bettering liquidity, and offering broader entry for each institutional and retail buyers in search of publicity to the evolving monetary panorama.
Olivier Roussy Newton, CEO of DeFi Technologies, commented that the Nasdaq itemizing “is a mirrored image of the sturdy fundamentals and momentum behind our enterprise.” The itemizing didn’t contain any new capital elevating, as the corporate reported a powerful monetary place of C61.9 million ($44.7 million) in money and digital asset holdings as of April 30, 2025.
On Tuesday, DeFi Technologies announced a strategic push into the RWA area by means of a three way partnership and lead fairness funding in Fireplace Labs, a stablecoin infrastructure supplier. This partnership will see the event of a completely regulated, USD-backed stablecoin issued immediately by a U.S. chartered financial institution. To make sure safe and scalable adoption, Fireplace Labs will combine with Kraken Embed, Kraken’s modular crypto infrastructure platform, enabling seamless entry to the stablecoin inside institutional and enterprise platforms, the announcement mentioned.
The initiative aligns with rising regulatory help within the U.S., notably the pending GENIUS Act, a bipartisan invoice designed to ascertain a transparent federal framework for fiat-backed stablecoins issued by regulated establishments. Fireplace Labs’ stablecoin will likely be backed by a 105% reserve ratio, exceeding typical regulatory necessities, and can characteristic a companion yield-bearing token designed for compliant, bank-backed returns tailor-made for institutional buyers.
DeFi Technologies anticipates producing income by means of buying and selling charges, yield participation, and broader integration throughout its current enterprise traces, together with Valour, Stillman Digital, and DeFi Alpha.
“This three way partnership with Fireplace Labs positions DeFi Technologies on the forefront of the stablecoin and RWA revolution. Partnership and integration with one of many main and largest exchanges, Kraken, validates the go-to-market and know-how,” Roussy mentioned. He added that as market volatility drives buyers towards safe, yield-bearing digital belongings, this partnership “unlocks important alternatives for our purchasers and subsidiaries.”
The stablecoin market has seen substantial progress, with its market capitalization hovering to roughly $225 billion as of early 2025, a rise of over $100 billion previously yr.
