DeFi Technologies Announces Valour Receives UK Regulatory Approval and Begins Offering Select Yield-Bearing Crypto ETPs to UK Retail Investors via the London Stock Exchange

Rhea-AI Summary

DeFi Technologies (Nasdaq: DEFT) subsidiary Valour has received approval from the UK Financial Conduct Authority and the London Stock Exchange to offer select yield-bearing crypto ETPs to UK retail investors, effective January 26, 2026. Approved UK base prospectuses cover 1Valour Bitcoin Physical Staking (ISIN GB00BRBV3124) and 1Valour Ethereum Physical Staking (ISIN GB00BRBMZ190). These exchange-listed ETPs provide physically-backed BTC and ETH exposure with a staking yield component reflected in each ETP's NAV, and will be accessible through traditional UK brokerage and investment platforms via the LSE.

This expands prior professional-investor LSE launches to UK retail, aiming to broaden regulated retail access to digital asset exposure through familiar exchange-listed instruments.

Positive

• FCA and LSE approval expands retail access to regulated crypto ETPs
• Two approved staking ETPs: BTC (GB00BRBV3124) and ETH (GB00BRBMZ190)
• Retail availability via London Stock Exchange effective January 26, 2026
• Products provide physically-backed crypto exposure with a staking yield reflected in NAV

Negative

• None.

Key Figures

UK retail launch date: January 26, 2026

1 metrics

UK retail launch date January 26, 2026 Start of Valour ETP access for UK retail on LSE

Market Reality Check

Price: $3.98 Vol: Volume 3,524,338 is 0.61x...

low vol

$3.98 Last Close

Volume Volume 3,524,338 is 0.61x the 20-day average of 5,781,448, indicating muted trading interest. low

Technical Shares at 0.8814 are trading below the 200-day MA of 2.22 and far under the 4.95 52-week high.

Peers on Argus

DEFT is down 6.23% while key peers show mixed moves: HIVE up 4.89%, AMRK up 2.17...

DEFT is down 6.23% while key peers show mixed moves: HIVE up 4.89%, AMRK up 2.17%, OPY down 2.25%, BTBT down 0.94%, FUFU flat. This points to a stock-specific reaction rather than a broad sector move.

Previous Crypto,offering Reports

2 past events · Latest: Sep 26 (Negative)

Same Type Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Sep 26	Registered offering close	Negative	-0.7%	Closed US$100M registered direct offering with shares and warrants.
Sep 25	Registered offering pricing	Negative	-18.4%	Announced pricing of oversubscribed US$100M registered direct offering.

Pattern Detected

Same-tag crypto,offering news linked to capital raises has previously seen negative price reactions, suggesting sensitivity to financing-related announcements.

Recent Company History

Over recent crypto,offering events, DeFi Technologies focused on sizable registered direct offerings. On Sep 25, 2025, it announced pricing of an oversubscribed US$100 million deal with shares and warrants, followed by closing the same US$100 million offering on Sep 26, 2025. Both updates centered on funding growth and ETP expansion and were met with negative single-day share reactions.

Historical Comparison

crypto,offering

+9.6 %

Average Historical Move

Historical Analysis

Past crypto,offering news for DEFT (2 events) averaged a 9.55% move with negative reactions to capital-raising updates, framing today’s UK-focused product approval in a different risk context.

Typical Pattern

Historical same-tag events emphasized raising <b>US$100 million</b> via registered direct offerings, whereas the current update focuses on expanding distribution of existing crypto ETPs to UK retail investors.

Market Pulse Summary

This announcement highlights UK FCA and LSE approvals that enabled Valour to begin offering Bitcoin ...

Analysis

This announcement highlights UK FCA and LSE approvals that enabled Valour to begin offering Bitcoin and Ethereum staking ETPs to UK retail investors on January 26, 2026. It extends prior professional-only LSE access into the retail channel, adding a yield component via staking within regulated exchange-listed products. Investors may watch how assets, trading activity, and future geographic expansions evolve alongside these new UK listings.

Key Terms

exchange traded products, etps, staking, net asset value, +1 more

5 terms

exchange traded products financial

"Valour Inc., and Valour Digital Securities Limited (together, "Valour"), 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.

etps financial

"a leading issuer of exchange traded products ("ETPs") has received UK regulatory approval"

ETPs are investment products that trade on stock exchanges like individual shares but represent exposure to a basket of assets, a commodity, a market index, or a debt note. They matter to investors because they offer easy, intraday access to diverse markets or specific themes—like buying a single slice of a larger pie—while carrying costs and risks (including tracking error and, for some types, issuer credit risk) that can affect returns.

staking technical

"Bitcoin and Ethereum staking ETPs: The approved products available to UK retail"

Staking is the practice of locking up digital tokens to help run a blockchain network in return for rewards, similar to leaving money in a time deposit that pays interest while it’s unavailable. It matters to investors because staking can generate regular income and affect a token’s circulating supply and price, but it also ties up assets and can carry risks like lock-up periods, reduced liquidity, or technical and platform failures.

net asset value financial

"staking yield component that is reflected in the ETP’s net asset value (“NAV”)."

Net asset value is the total value of an investment fund's assets minus any liabilities, divided by the number of shares or units outstanding. It represents the per-share worth of the fund, similar to how the value of a house is determined by its total worth after debts are subtracted. Investors use it to gauge the true value of their holdings and to compare different investment options.

nav financial

"staking yield component that is reflected in the ETP’s net asset value (“NAV”)."

Net asset value (NAV) is the total value of all the investments and assets in a fund or company, minus any debts or liabilities, divided by the number of shares or units outstanding. It represents the per-share worth, giving investors an idea of what each share is truly worth based on the underlying assets. Think of it like a company's total worth divided among its shares, helping investors assess whether a share is fairly priced.

AI-generated analysis. Not financial advice.

• UK retail access now live: Valour has received approval from the FCA and the LSE and has begun offering select Valour ETPs to UK retail investors on the London Stock Exchange, starting January 26, 2026.
• Bitcoin and Ethereum staking ETPs: The approved products available to UK retail are 1Valour Bitcoin Physical Staking (ISIN: GB00BRBV3124) and 1Valour Ethereum Physical Staking (ISIN: GB00BRBMZ190).
• Milestone expansion from pro-to-retail: Following earlier LSE launches for professional investors, Valour is now expanding access so UK retail investors can gain regulated BTC/ETH exposure with a yield component via traditional brokerage accounts.
  
  

TORONTO, Jan. 26, 2026 (GLOBE NEWSWIRE) -- (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”), is pleased to announce that its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, "Valour"), a leading issuer of exchange traded products ("ETPs") has received UK regulatory approval and has begun offering select Valour ETPs to UK retail investors through the London Stock Exchange (“LSE”) starting January 26, 2026.

The UK Financial Conduct Authority (“FCA”) has approved Valour’s UK base prospectuses for the following products, supporting expanded access for UK retail investors to regulated digital asset exposure through traditional brokerage and investment platforms:

Approved Products (UK Base Prospectuses)

• 1Valour Bitcoin Physical Staking - GB00BRBV3124
• 1Valour Ethereum Physical Staking - GB00BRBMZ190

Building on Valour’s prior LSE launches for professional investors, retail access now expands in the UK. Following the launch of Valour’s asset-backed Ethereum Physical Staking ETP for professional investors and the launch of the world’s first physically-backed Bitcoin Staking ETP, Valour is pleased to offer these products to UK retail investors.

“This is a major milestone for Valour and DeFi Technologies as we continue expanding access to regulated digital asset investment products,” said Johan Wattenström, CEO and Chairman of DeFi Technologies. “The UK is one of the world’s most important financial markets, and these approvals broaden our ability to serve UK retail investors with transparent, exchange-listed products that provide straightforward exposure to the evolving digital asset economy.”

Valour’s 1Valour Bitcoin Physical Staking ETP is designed to provide regulated access to Bitcoin with a staking yield component that is reflected in the ETP’s net asset value (“NAV”). Valour’s Ethereum Physical Staking ETP similarly provides physically-backed exposure to Ethereum with staking reward participation through an exchange-listed instrument.

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

For further information, please contact:

Johan Wattenström
Chief Executive Officer
ir@defi.tech
(323) 537-7681

FAQ

What Valour ETPs did DeFi Technologies (DEFT) get approval to offer to UK retail on Jan 26, 2026?

Valour received UK approval to offer 1Valour Bitcoin Physical Staking (GB00BRBV3124) and 1Valour Ethereum Physical Staking (GB00BRBMZ190) to UK retail investors.

When did Valour begin offering approved crypto ETPs to UK retail on the London Stock Exchange?

The approved Valour ETPs became available to UK retail investors on the London Stock Exchange starting January 26, 2026.

How do Valour's approved ETPs provide yield for UK retail investors?

Each approved ETP is physically backed and includes a staking yield component that is reflected in the ETP's net asset value (NAV).

Will UK retail investors access Valour crypto ETPs through regular brokerages?

Yes. The approvals enable UK retail investors to buy the exchange-listed Valour ETPs via traditional brokerage and investment platforms on the LSE.

Does the Valour retail rollout follow any prior launches on the LSE?

Yes. Retail access expands on earlier LSE launches that were initially made available to professional investors.

Which ticker or market identifiers should investors reference for Valour's UK-approved ETPs?

Use the ISINs provided for reference: GB00BRBV3124 for the Bitcoin staking ETP and GB00BRBMZ190 for the Ethereum staking ETP when checking LSE listings.