Key Points – DeFi Technologies posted a profitable Q1 2026 with revenue of CAD 11.2 million and net income of CAD 4.9 million, even as weaker crypto markets pressured AUM, staking income and investor activity. – Balance sheet strength remained a key theme, with CAD 100.7 million…
cash and stablecoins plus roughly CAD 156 million in total cash, treasury and venture portfolio value, giving the company flexibility for growth, seeding new funds and possible acquisitions. – Management sees continued growth in Valour and Stillman, with Stillman revenue up 38% year over year and the company expanding institutional products, cross-listings and custody infrastructure while expecting profitability for fiscal 2026. DeFi Technologies (NASDAQ:DEFT) reported a profitable first quarter of 2026 despite what executives described as a difficult period for digital assets, with weaker cryptocurrency prices pressuring assets under management, staking income and investor activity
Chief Executive Officer and Executive Chairman Johan Wattenström said the company generated revenue of CAD 11.2 million and net income of CAD 4.9 million in the quarter. He said the results showed the “strength and durability” of DeFi Technologies’ business model during what management viewed as a particularly challenging stretch of the recent crypto market downturn. Average assets under management during the quarter were approximately CAD 533 million, while AUM reached a low of about CAD 427 million during the period.
Wattenström said those levels were lower than in prior periods but broadly consistent with market conditions. He added that AUM had since recovered to about CAD 530 million, and that April 2026 net inflows of CAD 14.6 million represented the company’s second-strongest monthly inflow in the past 12 months. Lower Altcoin Prices Weighed on Fee and Staking Yields Chief Financial Officer Paul Bozoki said DeFi Technologies’ effective management fee yield was approximately 1% in the quarter, down…