QCAD stablecoin from DeFi Technologies (Nasdaq: DEFT) begins trading on Kraken

Rhea-AI Filing Summary

DeFi Technologies Inc. reports that QCAD, the Canadian dollar stablecoin developed by its venture portfolio company Stablecorp, is now live for trading on Kraken, a major global digital asset exchange. This expands access to a compliant CAD‑denominated stablecoin for users seeking regulated digital asset exposure.

Stablecorp positions QCAD as Canada’s first compliant CAD stablecoin, supported by the QCAD Digital Trust, an Ontario trust that holds reserve assets for QCAD holders. DeFi Technologies is an investor and strategic collaborator, helping scale QCAD across product development, liquidity, market access and long-term security planning as digital asset infrastructure in Canada evolves.

Key Terms

stablecoin, digital asset infrastructure, QCAD Digital Trust, forward-looking information, +1 more

5 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 infrastructure financial

"marks continued progress in the development of regulated digital asset rails"

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.

QCAD Digital Trust financial

"The QCAD Digital Trust is an Ontario trust that holds the reserve assets"

forward-looking information regulatory

"This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation"

Forward-looking information are predictions, plans, estimates or expectations about a company’s future performance, results or events, such as sales forecasts, project timelines, or anticipated costs. It matters to investors because these statements guide expectations but rely on assumptions and uncertain factors—like a weather forecast for a business—so investors should treat them as informed guesses rather than guarantees and consider the risks and possible changes behind the numbers.

decentralized finance financial

"bridging the gap between traditional capital markets and decentralized finance"

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.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 6-K: How Foreign Companies Report to the SEC →

Accepted by SEC EDGAR 04/21/2026 - 12:09 PM Learn about SEC filing dates

FAQ

What did DeFi Technologies (DEFT) announce about QCAD on Kraken?

DeFi Technologies announced that QCAD, Stablecorp’s Canadian dollar stablecoin, is now live for trading on Kraken. This listing expands access to a compliant CAD-denominated digital asset through one of the world’s leading digital asset exchanges, supporting broader participation in regulated stablecoin markets.

Who is Stablecorp and how is it connected to DeFi Technologies (DEFT)?

Stablecorp is a Canadian digital asset infrastructure company that developed the QCAD stablecoin. DeFi Technologies is both an investor and strategic collaborator, working with Stablecorp on QCAD’s product development, liquidity, market access and long-term security planning as the stablecoin’s volumes and systemic importance grow.

Why is QCAD described as Canada’s first compliant CAD stablecoin?

QCAD is described as Canada’s first compliant CAD stablecoin because Stablecorp achieved a regulatory milestone establishing this status. The stablecoin operates within a regulated framework, including the QCAD Digital Trust structure, which is intended to support compliant, locally denominated digital asset rails for Canadian market participants.

What is the QCAD Digital Trust mentioned by DeFi Technologies?

The QCAD Digital Trust is an Ontario trust that holds reserve assets on behalf of QCAD holders. This structure underpins QCAD’s design as a compliant, CAD-denominated stablecoin, providing a framework for how reserves are managed and governed to support the stablecoin’s role in digital financial infrastructure.

How does the QCAD listing on Kraken fit DeFi Technologies’ strategy?

The QCAD listing on Kraken aligns with DeFi Technologies’ strategy of backing foundational digital asset infrastructure. As a strategic investor in Stablecorp, the company views this milestone as progress in connecting traditional finance with on-chain markets through regulated, compliant stablecoin rails in the Canadian digital asset ecosystem.

Where can investors find more information about QCAD and its reserves?

Further information about QCAD, including its reserve assets and program terms, is available on Stablecorp’s website and under the QCAD Digital Trust profile on SEDAR+. These sources provide details on how the stablecoin is structured and the regulatory context for its operation in Canada.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April, 2026.

Commission File Number 001-41056

DEFI TECHNOLOGIES INC.

(Translation of registrant's name into English)

Suite 2400, 333 Bay Street, Toronto, Ontario, Canada M5H 2T6 

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

☐ Form 20-F                  ☒ Form 40-F

EXHIBIT INDEX

Exhibit Number		Description
99.1		New Release dated April 21, 2026 - DeFi Technologies Announces Venture Portfolio Company Stablecorp's QCAD Is Now Live for Trading on Kraken

		DEFI TECHNOLOGIES INC.
		(Registrant)
Date: April 21, 2026	By	/s/ Kenny Choi
		Kenny Choi Corporate Secretary

EXHIBIT 99.1 

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

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 /CNW/ - 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

View original content to download multimedia:https://www.prnewswire.com/news-releases/defi-technologies-announces-venture-portfolio-company-stablecorps-qcad-is-now-live-for-trading-on-kraken-302748212.html

SOURCE DeFi Technologies Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2026/21/c6203.html

%CIK: 0001888274

For further information: For further information, please contact: Johan Wattenstrom, Chief Executive Officer, ir@defi.tech, (323) 537-7681; For inquiries from institutional investors, funds, or family offices, please contact: ir@defi.tech

CO: DeFi Technologies Inc.

CNW 07:30e 21-APR-26

Filing Exhibits & Attachments

1 document

Press Releases

• EX-991 NEWS RELEASE DATED APRIL 21, 2026 12.3 KB