DeFi Technologies Submits SEC Filing for Nasdaq Listing

According to Odaily, DeFi Technologies has announced the submission of a 40-F registration statement to the U.S. Securities and Exchange Commission (SEC) as part of its preparations to list on the Nasdaq Stock Market. The company clarified that the listing of its common shares on Nasdaq is contingent upon receiving approval from Nasdaq and meeting all applicable listing and regulatory requirements, including the SEC declaring the 40-F form effective. The company's shares will continue to be listed on the Cboe Canada under the ticker symbol DEFI and traded on the over-the-counter market under the symbol DEFTF. DeFi Technologies serves as the parent company to several cryptocurrency-focused subsidiaries, notably including the exchange-traded fund (ETF) operator Valour. This move to list on Nasdaq represents a significant step for the company, which aims to expand its presence and accessibility in the U.S. market. The announcement underscores the company's commitment to adhering to regulatory standards and enhancing its market position through strategic listings.