- New Strategic Business Line: DeFi Technologies recently launched its DeFi Advisory division to support the growing wave of public digital asset treasury companies. The new vertical offers digital asset management strategy, trade execution, and corporate advisory through a unified platform.
- Second Mandate with TenX Protocols: DeFi Advisory has secured its second mandate with TenX Protocols, a high-throughput L1-focused digital asset treasury company. TenX recently closed a C$29.9 million private placement in connection with its go-public transaction and announced a planned merger with Iocaste Ventures. DeFi will provide trading (via Stillman Digital), research (via Reflexivity Research), and capital markets support, in return for an initial $600,000 in base advisory fees plus trade execution fees and performance-based upside.
- Expanding Vertically Integrated Platform: The DeFi Advisory division deepens DeFi’s vertically integrated model by combining Stillman Digital’s institutional trading infrastructure with Reflexivity Research’s market intelligence, enabling full-spectrum support for companies engaged in digital asset treasury strategies.
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 its recently launched DeFi Advisory division, a new business line providing select digital asset and fintech companies with tailored support across digital asset management, advisory, trade execution, and corporate strategy, has secured its second mandate with TenX Protocols Inc. (“TenX“).
DeFi Technologies has been appointed as Strategic Advisor pursuant to an advisory agreement entered into with TenX (the “Advisory Agreement“). Furthermore, Stillman Digital Inc. has been appointed as the exclusive Digital Asset Trading Services Provider pursuant to an Exclusive OTC agreement entered into with TenX (the “OTC Agreement“). TenX is an emerging Digital Asset Treasury Company focused on accumulating a select basket of high-throughput, L1-based digital assets. TenX recently closed a C$29.9 million private placement of subscription receipts, in which DeFi Technologies participated, and announced a reverse-takeover transaction with Iocaste Ventures to facilitate its public listing.
Under the Advisory Agreement and OTC Agreements, DeFi Technologies and its subsidiaries will support TenX with digital asset management strategy, trade execution through an exclusive mandate with subsidiary Stillman Digital, market intelligence via Reflexivity Research, and access to its network of strategic digital asset relationships. TenX is led by brothers Mat and Filip Cybula, seasoned crypto entrepreneurs with deep roots in blockchain infrastructure and digital asset custody. As co-founders of Cryptiv Inc.—a custodial wallet platform acquired by Coinsquare in 2019—they have a proven track record of building and scaling regulated crypto businesses. Mat holds an MSc from the London School of Economics and brings a decade of experience in crypto markets and blockchain innovation, while Filip, an MSc graduate from the University of Oxford, is an expert in token economics and the structural dynamics of decentralized networks.
As part of the Advisory Agreement, DeFi Technologies will earn an initial $600,000 in base advisory fees, payable in cash or shares of TenX over the initial 12-month term, with additional performance-based upside tied to strategic transactions catalyzed by the Company. The OTC Agreement is expected to drive significant digital asset trading volume through DeFi’s wholly-owned OTC subsidiary, Stillman Digital, further enhancing the Company’s return profile through this integrated platform strategy.
“DeFi Advisory extends our vertically integrated platform to a new class of public digital-asset treasuries,” said Olivier Roussy Newton, CEO of DeFi Technologies. “Partnering with TenX underscores demand for end-to-end support—from exclusive OTC execution via Stillman Digital to market intelligence from Reflexivity Research and capital-markets advisory—so teams can grow responsibly and transparently.”
“DeFi Technologies brings a strong track record of digital asset innovation, institutional trading infrastructure, and public market expertise,” said Mat Cybula, CEO of TenX. “This partnership helps position TenX to scale its presence in the digital asset ecosystem with strategic, experienced partners.”
This DeFi Advisory business line positions DeFi Technologies to further capitalize on the accelerating wave of public digital asset treasury companies being formed across global markets. With proven in-house infrastructure in ETPs, trading, custody, and research, DeFi Technologies is uniquely equipped to support these companies in navigating go-public transactions, managing digital asset portfolios, and executing institutional-grade trades, all under one roof.
