DeFi Technologies reported third-quarter revenue of $18.3 million, down 18% year-over-year, with net profit reaching $22.3 million.
According to TechFlow, on November 13, digital asset financial services company DeFi Technologies (NASDAQ: DEFT) announced its Q3 2026 financial results on November 12, with quarterly revenue of $18.3 million, a decline of approximately 18% compared to $22.3 million in the same period last year; operating profit was $7 million, and net income reached $22.3 million, as trading gains and investment revaluations contributed significantly to profits.Valour, its digital asset investment product issuer, recorded net capital inflows of $26.1 million in the third quarter, with management fees, staking, and lending income totaling $3.8 million. As of the end of September, Valour's assets under management reached $643.7 million, up approximately 62% from the end of the second quarter.Additionally, as of the end of September, the company held approximately $159 million in cash, digital assets, and other investments, with digital asset reserves valued at approximately $48.2 million.
According to TechFlow, on November 13, digital asset financial services company DeFi Technologies (NASDAQ: DEFT) announced its Q3 2026 financial results on November 12, with quarterly revenue of $18.3 million, a decline of approximately 18% compared to $22.3 million in the same period last year; operating profit was $7 million, and net income reached $22.3 million, as trading gains and investment revaluations contributed significantly to profits.
Valour, its digital asset investment product issuer, recorded net capital inflows of $26.1 million in the third quarter, with management fees, staking, and lending income totaling $3.8 million. As of the end of September, Valour's assets under management reached $643.7 million, up approximately 62% from the end of the second quarter.
Additionally, as of the end of September, the company held approximately $159 million in cash, digital assets, and other investments, with digital asset reserves valued at approximately $48.2 million.