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DeFi Technologies Appoints Philippe Lucet as General Counsel and Corporate Secretary

DeFi Technologies (Nasdaq: DEFT) appointed Philippe Lucet as General Counsel and Corporate Secretary, effective Feb 27, 2026.

(Moderate)

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Rhea-AI Summary

DeFi Technologies (Nasdaq: DEFT) appointed Philippe Lucet as General Counsel and Corporate Secretary, effective Feb 27, 2026.

Mr. Lucet currently serves as General Counsel of Valour, DeFi Technologies' wholly owned ETP issuer, and will oversee legal, corporate governance, and regulatory affairs. He succeeds Kenny Choi, who is stepping down.

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Positive

  • Leadership continuity via internal appointment of Philippe Lucet
  • Expertise retained — Lucet already serves as Valour General Counsel
  • Clear legal oversight responsibility for governance and regulatory affairs

Negative

  • Executive turnover — Kenny Choi stepping down from role
Argus Feb 27 session
-6.42% close to close Open Argus
Details

News Market Reaction – DEFT

On Feb 27, the day this news came out, DEFT closed 6.42% below the previous close.

Data tracked by StockTitan Argus for the Feb 27 session.

Previous Crypto Reports

5 past events · Latest: Feb 20
Same Type 5 events
  1. Feb 20

    Webinar announcement

    24h Move
    -3.7%

    Announced DVIO Index webinar to discuss flows and product implications.

  2. Feb 09

    Index launch

    24h Move
    -4.8%

    Launched DVIO Index tracking top 50 digital assets on Valour platform.

  3. Feb 04

    Custody partnership

    24h Move
    +3.0%

    VersaBank appointed custodian for QCAD Digital Trust stablecoin reserves.

  4. Jan 12

    Flows and AUM update

    24h Move
    +5.9%

    Reported record 2025 net inflows, strong AUM and diversified ETP suite.

  5. Dec 30

    Year-end CEO letter

    24h Move
    +9.2%

    Outlined 2025 results, cash position, and 2026 strategic priorities.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

decentralized finance, exchange traded products, intellectual property
3 terms
decentralized finance financial
"bridging the gap between traditional capital markets and decentralized finance ("DeFi")"
Decentralized finance, often called DeFi, is a way of using digital technology to offer financial services like lending, borrowing, and trading without relying on traditional banks or institutions. It operates on open networks where anyone can participate, much like a digital marketplace that runs on shared computer systems. For investors, DeFi provides more direct control over their assets and access to financial activities outside conventional systems.
exchange traded products financial
"wholly owned subsidiary and a leading issuer of exchange traded products (ETPs)"
Exchange traded products are securities that trade on stock exchanges and are designed to track the price of an asset, index, or investment strategy—think of them as a single basket you can buy that represents many underlying things like stocks, bonds, or commodities. They matter to investors because they offer an easy, often lower-cost way to get broad or targeted market exposure and can be bought or sold throughout the trading day like a regular share, making diversification and tactical moves simpler.
intellectual property technical
"spanning corporate governance, regulatory, strategy, innovation and intellectual property"
Intellectual property are legal rights that protect creations of the mind—such as inventions, brand names, designs, software, or secret formulas—giving the owner control over who can use, copy or sell them. For investors, IP is like owning a blueprint or recipe: it can generate steady income through exclusive sales or licensing, boost a company’s competitive edge and valuation, and also create costs or risks if rights must be defended or challenged in court.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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TORONTO, Feb. 27, 2026 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company bridging the gap between traditional capital markets and decentralized finance ("DeFi"), today announced the appointment of Philippe Lucet as General Counsel and Corporate Secretary of DeFi Technologies.

Mr. Lucet currently serves as General Counsel of Valour, DeFi Technologies' wholly owned subsidiary and a leading issuer of exchange traded products (ETPs). Moving forward, Mr. Lucet will also oversee DeFi Technologies' legal, corporate governance, and regulatory affairs.

Mr. Lucet succeeds Kenny Choi, who is stepping down from the role. DeFi Technologies thanks Mr. Choi for his contributions and service to the Company.

Leadership Commentary
"Philippe brings deep global legal leadership across highly regulated and innovation driven industries," said Johan Wattenström, Chief Executive Officer and Chairman of DeFi Technologies. "His experience spanning corporate governance, regulatory, strategy, innovation and intellectual property, combined with his existing leadership at Valour, positions him well to support our continued growth and execution across markets."

About Philippe Lucet
Mr. Lucet is the General Counsel of Valour, a leading issuer of exchange traded products (ETPs). Before joining Valour, Mr. Lucet served as Group General Counsel at a global IT company headquartered in Geneva, where he oversaw all legal, regulatory, and compliance matters for the group. Previously, he was Vice President and General Counsel for R&D and Intellectual Property at Nestlé's global headquarters, leading a team responsible for patents, trademarks, digital, legal R&D, and health science worldwide. Prior to Nestlé, Mr. Lucet was Lead Counsel at Richemont, the Swiss based global luxury group, and an attorney at law at Salans/Dentons, specializing in corporate law, investments, innovation, and intellectual property. Mr. Lucet holds a Master's in International Affairs (Finance and Banking) from Columbia University, and a Master of Laws from Stanford University.

About DeFi Technologies
DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) is a financial technology company bridging the gap between traditional capital markets and decentralized finance ("DeFi"). As the first Nasdaq-listed digital asset manager of its kind, DeFi Technologies offers equity investors diversified exposure to the broader decentralized economy through its integrated and scalable business model. This includes Valour, which offers access to over one hundred of the world's most innovative digital assets via regulated ETPs; Stillman Digital, a digital asset prime brokerage focused on institutional-grade execution and custody; Reflexivity Research, which provides leading research into the digital asset space; Neuronomics, which develops quantitative trading strategies and infrastructure; and DeFi Alpha, the company's internal arbitrage and trading business line. With deep expertise across capital markets and emerging technologies, DeFi Technologies is building the institutional gateway to the future of finance. Follow DeFi Technologies on LinkedIn and X/Twitter, and for more details, visit https://defi.tech/ 

DeFi Technologies Subsidiaries

About Valour
Valour Inc. and Valour Digital Securities Limited (together, "Valour") issues exchange traded products ("ETPs") that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies. For more information about Valour, to subscribe, or to receive updates, visit  valour.com.

About Reflexivity Research
Reflexivity Research LLC is a leading research firm specializing in the creation of high-quality, in-depth research reports for the bitcoin and digital asset industry, empowering investors with valuable insights. For more information please visit https://www.reflexivityresearch.com/

About Stillman Digital
Stillman Digital is a leading digital asset liquidity provider that offers limitless liquidity solutions for businesses, focusing on industry-leading trade execution, settlement, and technology. For more information, please visit https://www.stillmandigital.com

Cautionary note regarding forward-looking information:
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the the listing of 1Valour Bitcoin Physical Staking, 1Valour Ethereum Physical Staking; the development of the Bitcoin and Ethereum blockchains; investor confidence in Valour's ETPs; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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SOURCE DeFi Technologies Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is Philippe Lucet and what role did DeFi Technologies (DEFT) announce on Feb 27, 2026?

He is the new General Counsel and Corporate Secretary, appointed effective Feb 27, 2026. According to the company, Lucet currently serves as General Counsel of Valour and will lead legal, corporate governance, and regulatory affairs for DeFi Technologies.

What responsibilities will Philippe Lucet hold at DeFi Technologies (DEFT)?

Lucet will oversee legal, corporate governance, and regulatory affairs for the company. According to the company, his remit expands his Valour responsibilities to DeFi Technologies' broader legal and compliance functions across markets.

Who did Philippe Lucet succeed as General Counsel at DeFi Technologies (DEFT)?

He succeeds Kenny Choi, who is stepping down from the role. According to the company, DeFi Technologies thanked Choi for his contributions and service to the company.

Does Philippe Lucet have prior experience relevant to his DEFT General Counsel role?

Yes. He currently serves as General Counsel of Valour, a wholly owned ETP issuer, providing industry and regulatory experience. According to the company, his background includes governance, regulatory strategy, and intellectual property leadership.

What might Lucet's appointment mean for DeFi Technologies' regulatory strategy (DEFT)?

The appointment signals strengthened in-house legal and regulatory leadership to support growth. According to the company, Lucet's global legal experience and Valour role position him to support execution across regulated markets.

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