DeFi Technologies Announces Venture Portfolio Company Stablecorp's QCAD Is Now Live for Trading on Kraken

Rhea-AI Summary

DeFi Technologies (Nasdaq: DEFT) reports that Stablecorp's Canadian dollar stablecoin QCAD is now live for trading on Kraken as of April 21, 2026. The listing expands market access for a compliant CAD stablecoin and follows Stablecorp's regulatory milestone establishing QCAD as Canada's first compliant CAD stablecoin. DeFi Technologies is an investor and strategic collaborator, supporting product development, liquidity, distribution, and long-term security planning for QCAD.

Positive

• QCAD live on Kraken, expanding global market access
• Regulatory milestone established QCAD as Canada’s first compliant CAD stablecoin
• DeFi Technologies investor and strategic collaborator since September 2025

Negative

• None.

News Market Reaction – DEFT

-5.84%

9 alerts

-5.84% Session close to close

+10.0% Peak in 18 hr 32 min

$318.77M Market Cap

0.5x Rel. Volume

In the Apr 21 session, DEFT declined 5.84%, reflecting a notable negative market reaction. Argus tracked a peak move of +10.0% during that session. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -5.8% in the session following this news. A negative reaction despite the strategic ...

Analysis

The stock moved -5.8% in the session following this news. A negative reaction despite the strategic QCAD milestone would fit a pattern where regulatory and infrastructure news sometimes triggers volatility, with past crypto-tag events averaging moves of about 5.8%. Shares had been trading below the 1.57 200-day MA and roughly 83.72% under the 4.95 52-week high, so existing technical weakness and prior governance concerns could amplify selling pressure.

Key Figures

Strategic partnership date: September 2025 Acquisition year: 2024

2 metrics

Strategic partnership date September 2025 Timing of DeFi Technologies’ investment and partnership with Stablecorp

Acquisition year 2024 Year Vinter was acquired by Kaiko, cited in related leadership news

Previous Crypto Reports

5 past events · Latest: Apr 01 (Negative)

Same Type Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Apr 01	MCTO granted	Negative	+3.4%	Ontario regulator granted MCTO due to delayed audited 2025 filings.
Apr 01	CRO appointment	Positive	+24.7%	Valour hired a CRO to drive Nordic and European expansion initiatives.
Mar 30	CRO hire update	Positive	+7.1%	Announced CRO role to expand ETP platform and institutional fund structures.
Mar 23	Filing delay risk	Negative	-7.5%	Warned 2025 filings may be late pending third-party SOC 2 report.
Mar 09	Conference appearance	Neutral	+1.3%	Planned presentation at digital assets symposium with webcast and meetings.

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

Pattern Detected

Crypto-tag headlines often produced sizable moves, with positive corporate developments (like leadership hires) seeing strong gains, while regulatory timing updates showed both selloffs and counterintuitive rallies.

Recent Company History

Recent crypto-tagged news for DeFi Technologies spans governance, regulatory timing, and growth initiatives. On Mar 9, a digital assets symposium appearance saw a modest 1.33% gain. A filing-delay update on Mar 23 with potential MCTO led to a -7.49% move. Subsequent MCTO confirmation on Apr 1 still produced a 3.37% rise. Leadership appointments for Valour’s CRO on Mar 30 and Apr 1 drove strong positive reactions of 7.09% and 24.72%, underscoring sensitivity to strategic execution news.

Key Terms

stablecoin, digital asset exchanges, digital asset infrastructure, treasury management

4 terms

stablecoin financial

"QCAD, the Canadian dollar stablecoin developed by venture portfolio company Stablecorp"

A stablecoin is a type of digital currency designed to keep its value steady, often by being backed by traditional assets like money or commodities. For investors, stablecoins offer a reliable way to move money quickly across digital platforms without the value fluctuations common with other cryptocurrencies, making them useful for saving, trading, or transferring funds with less risk of sudden losses.

digital asset exchanges technical

"now live for trading on Kraken, one of the world's leading digital asset exchanges"

Digital asset exchanges are online marketplaces where people buy, sell and trade digital items such as cryptocurrencies, tokenized stocks or digital tokens. They match buyers and sellers, hold or facilitate transfers of assets, and set prices through supply and demand. Investors care because exchanges determine liquidity, price transparency and counterparty risk—like a marketplace or auction house for digital valuables where rules, safety and fees can change how profitable or risky a trade is.

digital asset infrastructure technical

"important milestone for Stablecorp and for the broader development of digital asset infrastructure in Canada"

Digital asset infrastructure is the collection of systems and services that let people create, store, trade and record ownership of digital tokens or cryptocurrencies — think of it as the roads, locks and registration offices for online value. Investors care because the strength, security and rules of that underlying setup affect how easy, safe and legal it is to buy, sell or hold digital assets, which in turn influences risk, liquidity and value.

treasury management financial

"use cases spanning trading, payments, settlement, treasury management, and broader institutional adoption"

Treasury management is a company's day‑to‑day handling of cash, short‑term investments, borrowing and financial risks to make sure bills are paid, excess cash is used wisely, and exposure to things like interest rates or foreign currencies is controlled. Think of it as running the company's checking account and emergency fund so operations keep flowing. For investors, strong treasury management signals that a company can meet obligations, fund growth without costly surprises, and protect value in changing markets.

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

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QCAD's availability on Kraken marks another important step in expanding access to Canada's compliant CAD stablecoin and advancing regulated digital asset infrastructure

• QCAD begins trading on Kraken: Stablecorp's Canadian dollar stablecoin is now live on one of the world's leading digital asset exchanges, expanding market access for compliant CAD-denominated digital assets.
  
  
• Milestone for Canada's digital asset infrastructure: QCAD's launch on Kraken builds on its position as Canada's first compliant CAD stablecoin and marks continued progress in the development of regulated digital asset rails.
  
  
• Strategic relevance for DeFi Technologies: As an investor in Stablecorp and strategic collaborator supporting QCAD across product development, liquidity, market access, and long-term security planning, DeFi Technologies views this as a meaningful step in connecting traditional finance with on chain markets.

TORONTO, April 21, 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"), is pleased to announce that QCAD, the Canadian dollar stablecoin developed by venture portfolio company Stablecorp, is now live for trading on Kraken, one of the world's leading digital asset exchanges.

DeFi Technologies is an investor in Stablecorp and a strategic collaborator focused on scaling QCAD across product development, liquidity and market access, and long-term security planning as volumes and systemic importance grow over time.

Highlights

QCAD reaches a major new distribution milestone
QCAD is now live for trading on Kraken, expanding access to Canada's compliant CAD stablecoin through a leading global exchange.

Continued progress for Stablecorp
The milestone builds on Stablecorp's recent momentum following QCAD's emergence as Canada's first compliant CAD stablecoin.

Strategic relevance for DeFi Technologies
As an investor in Stablecorp and strategic collaborator focused on scaling QCAD across product development, liquidity, and distribution, DeFi Technologies views this as a meaningful step in the evolution of compliant digital asset rails in Canada.

DeFi Technologies first announced its strategic investment in and partnership with Stablecorp in September 2025 as part of its broader effort to support regulated digital asset infrastructure and expand access to compliant stablecoin rails. Since then, Stablecorp has continued to advance QCAD's market position, including achieving a key regulatory milestone that established QCAD as Canada's first compliant CAD stablecoin.

The launch of QCAD trading on Kraken represents another important step in the stablecoin's growth and distribution. For DeFi Technologies, the milestone reflects continued execution against its strategy of backing foundational digital asset infrastructure that connects traditional finance with on chain markets.

Johan Wattenström, CEO of DeFi Technologies, commented, "The launch of QCAD on Kraken is an important milestone for Stablecorp and for the broader development of digital asset infrastructure in Canada. As a strategic investor and collaborator, we are proud to support the growth of compliant, Canadian dollar denominated stablecoin rails that can help bridge traditional financial systems with the next generation of blockchain based financial services."

The Company believes compliant stablecoins are becoming an increasingly important layer of digital financial infrastructure, with use cases spanning trading, payments, settlement, treasury management, and broader institutional adoption. QCAD's continued progress reinforces the importance of regulated, locally denominated stablecoin solutions in enabling more efficient access to digital asset markets. This is a strategic inference based on Stablecorp's positioning of QCAD as institutional grade infrastructure and DeFi Technologies' stated collaboration around scaling its use.

About the QCAD Digital Trust and Stablecorp
The QCAD Digital Trust is an Ontario trust that holds the reserve assets on behalf of holders of QCAD. Stablecorp is one of Canada's leading digital asset infrastructure companies, focused on building professional-grade blockchain solutions. In partnership with industry leaders, Stablecorp creates refined, scalable and compliant products, such as QCAD, that serve as the foundation for the next generation of financial services. Further information about QCAD, including the reserve assets and the terms and conditions associated with the QCAD program, can be found on the Stablecorp website ( www.stablecorp.ca ) and under the trust's profile on SEDAR+ at www.sedarplus.ca.

About DeFi Technologies
DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) is a financial technology company building for the convergence of traditional capital markets and decentralized finance ("DeFi"). As a publicly listed and vertically integrated digital asset platform, DeFi Technologies provides familiar, simple, secure, and regulated access to the digital asset economy through investment products, trading and liquidity infrastructure, research, and strategic capital deployment. Its business includes Valour, a leading issuer of regulated digital asset ETPs; Stillman Digital, an institutional-grade digital asset trading and liquidity platform; and DeFi Alpha, the Company's internal business line focused on opportunistic trading, arbitrage, and other capital markets strategies. With deep expertise across capital markets and emerging technologies, DeFi Technologies is building the gateway between traditional finance and the future of digital assets. Follow DeFi Technologies on LinkedIn and X/Twitter, and for more details, visit https://defi.tech/ 

Analyst Coverage of DeFi Technologies

A full list of DeFi Technologies analyst coverage can be found here: https://defi.tech/investor-relations#research.

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 commercial collaborations with Stablecorp; regulation and scaling of the QCAD stablecoin; investor confidence in digital assets generally; 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 exchange traded products by exchanges; growth and development of decentralised finance and digital asset sector; rules and regulations with respect to decentralised finance and digital assets; fluctuation in digital asset prices; 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

What does QCAD going live on Kraken mean for DeFi Technologies (DEFT)?

It expands distribution for QCAD and supports DeFi Technologies' infrastructure strategy. According to DeFi Technologies, the Kraken listing increases market access for a compliant Canadian dollar stablecoin and aligns with its role as investor and strategic collaborator supporting liquidity and distribution.

When did DeFi Technologies announce its partnership with Stablecorp for QCAD (DEFT)?

DeFi Technologies announced its strategic investment and partnership in September 2025. According to DeFi Technologies, that arrangement focuses on scaling QCAD across product development, liquidity, market access, and long-term security planning as volumes grow.

Is QCAD officially compliant as a Canadian dollar stablecoin according to DeFi Technologies (DEFT)?

Yes; QCAD has a regulatory milestone identifying it as Canada's first compliant CAD stablecoin. According to DeFi Technologies, that milestone underpins QCAD's positioning as institutional-grade infrastructure enabling regulated, locally denominated stablecoin solutions.

How does the Kraken listing affect QCAD's market access and use cases for DEFT investors?

The Kraken listing broadens exchange distribution and potential on-chain use cases. According to DeFi Technologies, wider availability supports use cases like trading, payments, settlement, and treasury management for institutional and retail participants.

What role is DeFi Technologies playing in QCAD's growth after the Kraken launch (DEFT)?

DeFi Technologies acts as an investor and strategic collaborator focused on scaling QCAD. According to DeFi Technologies, its support covers product development, liquidity, market access, and long-term security planning as QCAD's volumes and systemic importance grow.

Does the announcement change DeFi Technologies' strategic focus on regulated digital asset infrastructure (DEFT)?

The announcement reinforces that focus by highlighting a distribution milestone for a compliant stablecoin. According to DeFi Technologies, QCAD's Kraken listing reflects continued execution of its strategy to back foundational regulated digital asset rails connecting traditional finance with on-chain markets.