DeFi Technologies, Inc. (NASDAQ: DEFT)

This lawsuit is for anyone who acquired securities in DeFi Technologies, Inc. (NASDAQ: DEFT) from May 12, 2025 through November 14, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to timely inform investors that the Company was facing delays in executing its DeFi arbitrage strategy.

On November 6, 2025, DeFi issued a press release reporting an arbitrage trade by its “specialized arbitrage trading desk” business segment, DeFi Alpha, stating its digital asset treasuries (“DATs”) “have absorbed or delayed a significant share of arbitrage opportunities over the past year.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on November 14, 2025, DeFi released its third quarter 2025 financial results, reporting a revenue decline of nearly 20% and significantly lowering its 2025 revenue forecast due to “a delay in executing DeFi Alpha arbitrage opportunities previously forecasted due to the proliferation of [DAT] companies and the consolidation in digital asset price movement in the latter half of 2025.” Additionally, the Company also disclosed that its CEO would be leaving his role and assuming an advisory position instead. On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in DeFi Technologies, Inc. (NASDAQ: DEFT) from May 12, 2025 through November 14, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.