DeFi Technologies posts record 2025 revenue, shares fall

DeFi Technologies posted record 2025 revenue of $99.1M and net income of $62.7M, up 215% YoY. Asset management saw strong inflows, but shares fell 43% despite operational gains.

DeFi Technologies achieved record financial results for the fiscal year ending December 31, 2025, posting annual revenue of $99.1 million and net income of $62.7 million. This represents a 215% increase in revenue compared to $31.4 million in 2024, and a $90.3 million improvement in net income from a net loss of $27.6 million the previous year. In the fourth quarter of 2025, the company reported $20.0 million in revenue and $28.9 million in net income, reversing negative revenue and a net loss from the same period in 2024. Valour, the asset management division, averaged $809.9 million in assets under management and saw net inflows of $110.1 million into its exchange-traded products. Management fees for Valour rose 51% to $9.7 million. Despite these strong operational results, DeFi Technologies' shares have declined, trading near their 52-week low and down 43% over the last six months.