DeFi Technologies Announces Third Quarter Financial Report with Revenue of $18.3 Million
2026-11-13 08:16:29
According to CoinMeta, DeFi Technologies ( DEFT ), a digital asset financial services company listed on NASDAQ, announced its third-quarter financial results. The company reported revenue of $18.3 million, a year-on-year decrease of about 18%. Core revenue, after excluding realized and unrealized investment gains and losses, was $6.1 million, a year-on-year decline of approximately 41%, and operating profit was $7 million. Despite the decline in core business revenue, the company still achieved a net profit of $22.3 million, driven mainly by trading gains and investment revaluation benefits. ETP, a digital asset issuer under the company, reported total management fees, collateral, and lending income of $3.8 million for the quarter, a year-on-year decrease of about 51%, with a net capital inflow of $26.1 million. The average asset management size for the quarter was approximately $493 million.
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