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DeFi Technologies Updates on Share Ownership and Director Resignation

Toronto-based DeFi Technologies has released a clarifying update concerning share ownership discrepancies and director resignation. The financial technology company, which bridges traditional capital markets with decentralized finance, responded to observations from the Ontario Securities Commission regarding inconsistencies in shareholder data.

DeFi Technologies engaged Shareholder Intelligence Services to analyze these discrepancies since June 2025. The reports identified persistent imbalances in trading activities through services like DTC and CDS. The company contacted 14 broker-dealers to address these discrepancies, primarily due to reporting and settlement timing differences.

Moreover, Stefan Hascoet has resigned from the company's board, effective immediately. DeFi Technologies acknowledged his contributions since June 2023. Despite the trading irregularities, the imbalances reportedly did not affect voting outcomes at the recent 2025 shareholder meeting.

R. P.

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