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Russell Starr joins DeFi Technologies (DEFT) as strategic advisor on capital markets

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(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

DeFi Technologies Inc. filed a Form 6-K announcing that it has appointed Russell Starr as a Strategic Advisor. Starr is a veteran capital markets executive and entrepreneur with extensive experience in complex transactions, financings, and public markets.

He previously served as both Head of Capital Markets and Chief Executive Officer at DeFi Technologies, where he supported the company’s Nasdaq listing and broader market positioning. In this advisory role, he will work with leadership on capital markets strategy, investor engagement, and corporate development, supporting the company’s focus on digital asset investment products, trading infrastructure, and capital markets strategies.

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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.
digital asset ETPs financial
"Valour, a leading issuer of regulated digital asset ETPs"
Digital asset ETPs are exchange-traded products that let investors buy and sell shares that track the price of digital assets, such as cryptocurrencies, without holding the underlying tokens themselves. They matter because they provide a familiar, brokerage-friendly way to gain or reduce exposure, while carrying trade-offs like management fees, storage arrangements and the risk that share prices can diverge from the asset — similar to buying a fund that follows a commodity instead of storing the commodity.
liquidity provider financial
"Stillman Digital is a leading digital asset liquidity provider"
An entity that stands ready to buy and sell a security so trades can happen smoothly, acting like a shop that keeps items on the shelf and will both sell to customers and buy back stock. For investors this matters because such participants narrow the gap between buying and selling prices, make it easier to enter or exit positions quickly, and help prevent large, sudden price swings.
forward-looking information regulatory
"This press release contains "forward-looking information" within the meaning"
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.
exchange traded products financial
"issues exchange traded products ("ETPs") that enable retail and institutional investors"
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.

 

 

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 May, 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 May 14, 2026 - DeFi Technologies Appoints Russell Starr as Strategic Advisor

 

 

 

 

 

    DEFI TECHNOLOGIES INC.
    (Registrant)
     
     
Date: May 14, 2026 By /s/ Kenny Choi
    Kenny Choi
Corporate Secretary

 

EXHIBIT 99.1 

 

DeFi Technologies Appoints Russell Starr as Strategic Advisor

TORONTO, May 14, 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"), today announced the appointment of Russell Starr as Strategic Advisor to the Company.

Mr. Starr is a seasoned capital markets executive, entrepreneur, and financier with a strong track record of advising on complex transactions, structuring financings, and navigating public market environments. In his role as Strategic Advisor, Mr. Starr will work closely with DeFi Technologies' leadership team to support capital markets strategy, investor engagement, and broader corporate development initiatives.

Mr. Starr recently served as Head of Capital Markets at DeFi Technologies, where he played a key role in advancing the Company's capital markets strategy, including supporting its Nasdaq listing and strengthening its positioning across global investors. Prior to that, he served as Chief Executive Officer of DeFi Technologies, helping guide the Company through a pivotal phase of its development and market expansion.

"Russell has been a trusted partner to DeFi Technologies and brings deep capital markets expertise and institutional insight," said Johan Wattenström, Chief Executive Officer of DeFi Technologies. "His experience across financings, market positioning, and investor engagement will be highly valuable as we continue to strengthen our capital markets strategy and expand our global presence."

Mr. Starr has built a reputation for structuring high-impact transactions and creating long-term shareholder value across both public and private markets. Over the course of his career, he has held senior leadership roles across a range of industries, contributing deep expertise in M&A, venture capital, and strategic partnerships, with particular focus on natural resources, renewable energy, and emerging technology sectors.

"I am excited to formally join DeFi Technologies as a Strategic Advisor at such a pivotal time for the company and the broader digital asset industry," said Russell Starr. "DeFi Technologies has established a differentiated platform at the intersection of traditional finance and decentralized infrastructure, and I look forward to supporting its continued capital markets strategy and long-term growth."

About DeFi Technologies

DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) (Brazil B3: DEFT31) 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/.

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 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; 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 to 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

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/defi-technologies-appoints-russell-starr-as-strategic-advisor-302772092.html

SOURCE DeFi Technologies Inc.

 

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2026/14/c3134.html

%CIK: 0001888274

For further information: For further information, please contact: Johan Wattenström, Chief Executive Officer, ir@defi.tech, (323) 537-7681

CO: DeFi Technologies Inc.

CNW 07:30e 14-MAY-26

FAQ

What did DeFi Technologies (DEFT) announce in this Form 6-K?

DeFi Technologies announced the appointment of Russell Starr as a Strategic Advisor. He will support capital markets strategy, investor engagement, and corporate development as the company builds its digital asset investment products and trading infrastructure platform.

Who is Russell Starr in relation to DeFi Technologies (DEFT)?

Russell Starr is a seasoned capital markets executive newly appointed as Strategic Advisor to DeFi Technologies. He previously served as the company’s Head of Capital Markets and as Chief Executive Officer, helping advance its Nasdaq listing and global investor positioning.

What will Russell Starr focus on as Strategic Advisor to DeFi Technologies?

As Strategic Advisor, Russell Starr will work closely with leadership on capital markets strategy, investor engagement, and broader corporate development initiatives. His mandate centers on supporting DeFi Technologies’ presence in public markets and its long-term growth in digital assets.

What businesses does DeFi Technologies (DEFT) operate?

DeFi Technologies operates Valour, which issues regulated digital asset ETPs; Stillman Digital, a digital asset trading and liquidity platform; and DeFi Alpha, an internal unit focused on opportunistic trading, arbitrage, and other capital markets strategies within the digital asset ecosystem.

How does DeFi Technologies (DEFT) describe its overall business model?

DeFi Technologies describes itself as a vertically integrated digital asset platform bridging traditional capital markets and decentralized finance. It offers regulated investment products, trading and liquidity infrastructure, research, and strategic capital deployment to provide simple, secure access to the digital asset economy.

What sectors has Russell Starr worked in before advising DeFi Technologies?

Russell Starr has held senior roles across natural resources, renewable energy, and emerging technology sectors. His background includes work in mergers and acquisitions, venture capital, and strategic partnerships, with a focus on high-impact transactions and long-term shareholder value creation.

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