DEFT ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of DeFi Technologies Investors

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired DeFi Technologies (“DeFi” or the “Company”) (NASDAQ:DEFT) securities during the period of May 12, 2025 through November 14, 2025, inclusive (“the Class Period”).

If you suffered a loss on your DeFi investments, you have until January 20, 2026 to request lead plaintiff appointment. For more information:

[CONTACT THE FIRM IF YOU SUFFERED A LOSS]

What Is This Lawsuit About? The lawsuit alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) DeFi was facing delays in executing its DeFi arbitrage strategy, which at all relevant times was a key revenue driver for the Company; (ii) DeFi had understated the extent of competition it faced from other digital asset treasury (“DAT”) companies and the extent to which that competition would negatively impact its ability to execute its DeFi arbitrage strategy; (iii) as a result of the foregoing issues, the Company was unlikely to meet its previously issued revenue guidance for the fiscal year 2025; and (iv) accordingly, Defendants had downplayed the true scope and severity of the negative impact that the foregoing issues were having on DeFi’s business and financial results.

On November 6, 2025, DeFi issued a press release purporting to report an arbitrage trade by DeFi Alpha. The press release disclosed, inter alia, that “DATs have absorbed or delayed a significant share of arbitrage opportunities over the past year.” On this news, the price of DeFi shares declined by $0.13 per share, or approximately 7.43%, from $1.75 per share on November 5, 2025 to close at $1.62 on November 6, 2025.

Then, on November 14, 2025, DeFi issued a press release reporting its financial results for the third quarter of 2025. Among other items, DeFi reported a revenue decline of nearly 20%, falling well short of market expectations. The Company also significantly lowered its 2025 revenue forecast, from $218.6 million to approximately $116.6 million, and attributed this reduction to “a delay in executing DeFi Alpha arbitrage opportunities previously forecasted due to the proliferation of [DAT] companies and the consolidation in digital asset price movement in the latter half of 2025.” Concurrently, DeFi Technologies announced that Defendant Newton would leave his role as CEO and assume an advisory position. On this news, the price of DeFi shares declined by $0.18 per share, or approximately 14.63%, from $1.23 per share on November 14, 2025 to close at $1.05 on November 17, 2025.

[LEARN MORE ABOUT THE LAWSUIT]

The Lead Plaintiff Appointment Process. The federal securities laws permit any investor who acquired eligible securities during the class period to seek appointment as lead plaintiff in a class action lawsuit. Courts typically appoint the investor(s) with the largest financial loss in the case and the ability to represent the class rather than investors with simply the largest investment portfolio. Courts regularly appoint individual investors, whether acting alone or as a group, as lead plaintiffs. The rights of any investor who bought shares during the class period are generally already protected. However, lead plaintiffs have the power to influence case strategy and have a say in settlement decisions, as well as decisions concerning allocation of settlement funds among class members.

[LEARN MORE ABOUT THE LEAD PLAINTIFF PROCESS]

What Should I Do? If you purchased or otherwise acquired DeFi securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [e-mail], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

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