DeFi Technologies

Bridging TradFi with innovative exposure to digital assets | Nasdaq:DEFT / CBOE CA:DEFI / FRA:R9B | Subsidiaries @ValourFunds @Reflexivityres @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

Traditional capital markets and decentralized finance are converging around digital assets. That shift needs access, liquidity, and capital.

DeFi Technologies (NASDAQ: $DEFT) operates across all three. It is a picks-and-shovels platform for institutional digital asset markets, built around two operating subsidiaries, Valour and Stillman Digital, supported by Alpha and Venture.

Valour gives investors access to more than 100 digital asset Exchange Traded Products, bought and sold like a stock through traditional banks and brokers. Stillman Digital powers institutional liquidity and execution, with more than $50B in client volume.

[DeFi Technologies @DeFiTechGlobal]

🎤 Before an asset manager puts client money into Ethereum, it needs to know the network will hold up for decades. What does that take?

@MarinaMarkezic, Executive Director and Co-founder of the @EuEthInstitute, made the case for Ethereum at our DeFi Technologies Capital Markets Series during @mmerge_io Madrid. Four points stood out.

1️⃣ A bug doesn’t stop it. Ethereum runs on several independent software clients, and no single one should exceed a third of the network. Geth has dropped from 85% in 2022 to 36% today. When a bug stalled 5.4% of nodes in 2025, the chain kept running.

2️⃣ It is still being built. Main chain capacity doubled in 2025, and the next upgrade prepares for more than three times that. Based on what Ethereum Foundation researchers have said, Marina expects about five more years of upgrades.

3️⃣ Settled, but not yet legally final. Reversing a settled Ethereum transaction is designed to be ruinously expensive: OpenZeppelin puts the cost of forcing a fraudulent settlement at $50.7B. Yet EU law has not defined when a blockchain transaction is legally final, and for tokenized assets that matters as much as the technology.

4️⃣ Liquidity decides. Asked about competing chains in the Q&A, Marina noted that projects often launch elsewhere and later move to Ethereum, where about 52% of all stablecoins sit, with its layer 2s. Sooner or later, she said, “the board or your boss is going to ask you about KPIs,” and liquidity will be one of them.

💡 She closed on quantum computing. Ethereum targets quantum resistance by about 2029, and Marina argued that AI’s progress on hard math could justify 2028. According to OpenZeppelin, no network it assessed runs post-quantum cryptography in production today.

Thank you, Marina, for a session that covered the risks as carefully as the opportunities. And thank you to MERGE Madrid for having us.

@ValourFunds | @DeFiTechGlobal | @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

🎤 Bitcoin’s core traits have been there for years. So why are institutions arriving now?

At our DeFi Technologies Capital Markets Series during @mmerge_io Madrid, @juan_i_ibanez, Executive Director at @MiCA_Alliance, walked through what has changed. Two shifts stood out.

1️⃣ Bitcoin picked a purpose. It could not be both a cheap everyday payment system and a secure, decentralised network. Its community chose security: a store of value first, like digital gold, with payments built on top. As Juan put it: “We don’t need the Bitcoin network itself to become a replacement for Visa.” Bitcoin also stopped positioning itself as a rival to commercial banks, at least in the short term. For banks and asset managers, it became an asset they could hold and offer.

2️⃣ Regulation caught up. MiCA, the EU’s Markets in Crypto-Assets Regulation, gave institutions licensed firms to hold the assets for them, a disclosure document, called a white paper, for each crypto asset, and common rules for comparing providers.

Juan also pointed to professional custody, which solves the question of who holds an institution’s private keys. His conclusion: most people will reach Bitcoin through regulated intermediaries, such as licensed providers and exchange-traded products.

💡 One of his sharpest points: “Bitcoin is not a financial asset, it’s a real asset.” Like gold or property, it pays no interest or dividends, so judging it by the income it produces misses the point. Any yield on Bitcoin is compensation for taking on risk.

Thanks to Juan for the session, and to @mmerge_io Madrid for hosting the series.

@ValourFunds | @DeFiTechGlobal | @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

🎤 The S&P 500 existed for years before anyone could invest in it. At the DeFi Technologies Capital Markets Series during @mmerge_io Madrid, our President, @Forson, made the case that digital assets are on the same path.

The index came first and the product to own it came later. Today index products are one of the most common ways people invest in equities. Andrew believes regulated, listed products will play the same role for institutions and professional investors in digital assets.

Andrew, who's also Chief Growth Officer of @ValourFunds, kept it practical. If you're dealing with tax, trusts or estate planning, a listed product in a brokerage account is far easier to work with than a set of keys. The industry has managed assets in brokerage accounts for decades. Wallets are much newer.

He also showed how the rest of the group fits around that idea:

🔹 @DigitalStillman, our prime broker, works with banks, family offices and hedge funds that need to execute large positions with minimal price impact.

🔹 Neuronomics, our Swiss AI asset manager, builds trading strategies using machine learning and behavioral science. Its strategy now powers Smart Crypto SP, Valour’s first hedge fund.

🔹 Our venture arm backs the financial infrastructure companies building what comes next, including regulated stablecoins and compute for AI.

He closed on a shift that's already underway: AI, agents, digital assets and stablecoins are increasingly connected.

Thanks to @mmerge_io Madrid for hosting this edition of the series, and to everyone who joined us.

@ValourFunds | @DeFiTechGlobal | @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

🇪🇸 Yesterday, we hosted our first DeFi Technologies Capital Markets Series in Spain, at @mmerge_io Madrid, together with @ValourFunds and @DigitalStillman.

Representatives from 25+ organizations joined us, including European banks, asset managers, investors, supervisory authorities, rating agencies and digital asset infrastructure providers.

Over the afternoon, we covered regulated access to digital assets, with deep dives on Bitcoin, Ethereum and Optimism, an introduction to the DVIO Index, and a closing panel on products, platforms and investor demand.

Thank you to our speakers:
🔹 Andrea Disarò, Principal, Structured Products & Quantitative Analysis, @DeFiTechGlobal
🔹 @Forson, TEP, President, @DeFiTechGlobal, and Chief Growth Officer, @ValourFunds
🔹 Carlos Arena, Vice President of Sales, @Optimism
🔹 Guillermo Barco Muñoz, Senior Product Manager Digital Assets, @Swissquote
🔹 Jacob Lindberg, Chief Revenue Officer, @ValourFunds
🔹 Juan Ignacio Ibañez, Executive Director, @MiCA_Alliance
🔹 Mariana de la Roche Wills, Founder & CEO, @BlackVogel_
🔹 @MarinaMarkezic, Co-Founder & Executive Director, @EuEthInstitute
🔹 Soledad Contreras, Head of Partnerships, EMEA & APAC, @CoinDesk

And thank you to @mmerge_io, @paulapascualc_ and to everyone who joined us. ¡Gracias, Madrid!

📩 For participation and partnership opportunities at upcoming editions, please contact [email protected]

@ValourFunds | @DeFiTechGlobal | @DigitalStillman

[Curtis Schlaufman @CSchlauf]

The value of DVIO extends beyond the performance of an individual index.

It provides a framework for analyzing digital assets through @ValourFunds product universe, moving the conversation beyond individual tokens and Bitcoin benchmarks toward diversification, portfolio construction, and broader digital asset exposure.

As underlying digital assets become increasingly accessible through competing products and exchanges, differentiation matters. DVIO gives Valour a distinct analytical framework to demonstrate how its products can fit within a diversified portfolio.

Importantly, DVIO draws on data from our existing trading infrastructure at no incremental cost, allowing us to generate proprietary research, market insights, and recurring reports without additional expenditure.

For shareholders, this provides greater visibility into Valour's broader product offering and a more substantive narrative for engaging investors beyond individual token performance.

While DVIO is not currently an investable product, it also establishes a framework for potential future commercialization through licensing or index-linked investment products.

Its value today is in how we differentiate, position, and communicate the broader Valour ecosystem, rather than simply competing on exposure to the same underlying digital assets. $DEFT

[DeFi Technologies @DeFiTechGlobal]

🎙 @Forson, President of @DeFiTechBrasil and Chief Growth Officer of @ValourFunds, joined a panel this week on institutional access to DeFi yield, alongside Fluid, @Stakely_io and @RSM_es.

His argument was about simplicity.

🔹 If you cannot explain it, nobody will invest in it. For a business to work it has to be easy. In digital assets the industry tends to lead with technology, charts and complexity, which is exactly what loses the room.

🔹 Know who is actually making the decision. At a large institution the capital sits with people who are not going to manage wallets, keys or staking infrastructure. A proposal that requires changes to their technical infrastructure fails before it is evaluated.

🔹 Digital assets are the most alternative of alternative assets. The entire sector has a smaller market capitalisation than several individual listed companies. For most asset managers this is a small allocation in an unfamiliar category, so the route in has to be familiar.

🔹 The ISIN is the answer. Valour wraps digital assets in exchange-traded products with an ISIN, the universal identifier that hedge fund managers, family offices and private equity firms already use. An investor gains exposure to digital assets, and to the yield associated with them, through an ordinary brokerage account. No wallet, no key management, no new infrastructure.

Traditional capital markets reaching decentralised finance through structures they already understand. That is what Valour builds.

Thank you to @mmerge_io for hosting, and to our fellow panelists DMH of Fluid, José Antonio Hernández Solano of @Stakely_io, Pedro Sandoval of @RSM_es and moderator Xavi Armengol for a sharp conversation.

@DeFiTechGlobal | @ValourFunds | @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

🇪🇸 The DeFi Technologies Capital Markets Series heads to Spain for an exclusive VIP session at MERGE Madrid. 🔎

The afternoon opens with a keynote and moves through three Asset Deep Dives on Bitcoin, Ethereum, and Optimism, covering the infrastructure behind each asset, how adoption is progressing, and the regulated routes to exposure. It then introduces the DVIO Index and closes with a panel on products, platforms, and investor demand.

🎤 Speakers:

🔹 Andrea Disarò, Principal, Structured Products & Quantitative Analysis, @DeFiTechGlobal
🔹 @Forson, President, @DeFiTechGlobal & Chief Growth Officer, @ValourFunds
🔹 Carlos Arena, Vice President of Sales, @OPLabsPBC
🔹 Guillermo Barco Muñoz, Senior Product Manager Digital Assets, @Swissquote
🔹 Jacob Lindberg, Chief Revenue Officer, Valour
🔹 @juan_i_ibanez, Executive Director, @MiCA_Alliance
🔹 Mariana de la Roche Wills, CEO, @BlackVogel_
🔹 @MarinaMarkezic, Executive Director, @EuEthInstitute
🔹 Soledad Contreras, Head of Partnerships, @CoinDesk

🤝 Designed for asset managers, institutional investors, family offices, wealth managers, and capital allocators, the session shows how digital assets are assessed and selected, and what regulated, exchange-listed exposure looks like within a diversified portfolio.

📍 Palacio de Cibeles, Madrid, during @mmerge_io

If you are an asset manager, institutional investor, or allocator and would like to attend, reach out to 📩 [email protected]

@DeFiTechGlobal | @ValourFunds | @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

@Forson, President of DeFi Technologies and Chief Growth Officer of @ValourFunds, presented at the 5th Annual Private Wealth Melbourne Forum and at ALTSSG 2026 in Singapore this week, setting out how the DVIO Index, Valour’s ETP portfolio and Valour’s new fund structures, namely the Neuronomics managed Smart Crypto SP fund, work together to form a data-driven digital asset allocation framework for institutional investors.

The thesis: Valour’s extensive product family facilitates the intelligent allocation of 1% to 3% of a portfolio’s assets to digital assets - thereby ensuring a balanced a conviction driven approach to exposure to the technology and utility tokens that underpin modern trading systems, probability and perpetual futures markets, stablecoins, securities tokenization networks, and distributed AI cloud computing systems.

🔹 The data gap. Most digital asset benchmarks are price-driven and backward-looking. In traditional markets, capital flows are a leading indicator. In digital assets, investors have largely been left reacting to price. That is is, until the DVIO Index.

🔹 The Valour platform provides the signal. An ETP issuer sees the underlying price like everyone else, and also sees how much capital is entering and leaving each product. Across 102 ETPs, that produces one of the broadest and most structurally consistent datasets of the behaviours of buy-and-hold conviction driven digital asset allocators available today.

🔹 The index. DVIO tracks the top 50 digital assets within the Valour platform by AUM, price, and investor capital allocation, rebalancing weekly to reflect capital flow movement, AUM, and price. It shows where investor sentiment is shifting and how capital is rotating beneath the surface.

🔹 The implementation. Signal is only useful if you can act on it. Our core product family spans 102 regulated ETPs for single-asset and basket exposure. Valour’s new fund products, including our first institutional-facing fund, Smart Crypto SP, and upcoming DVIO index derived structured investment instrument, are vehicles that provide rules-based diversified exposure to a broad portfolio of digital assets.

The message was clear: Institutional allocators and professional investors world-wide can move from observer status to active participants in the digital asset space via Valour’s data-rich, conviction driven, digital asset wrapping structured instruments. The DVIO Index helps the professional investor move from flow insight to a funded position inside fund and investment structures they are accustomed to.

Index composition and weekly reporting are published free of charge: https://t.co/rxnwejlUAR

Thank you to @MarketsGrp, @CAIAAssociation and @CFASingapore for hosting.

[DeFi Technologies @DeFiTechGlobal]

🇪🇸 The DeFi Technologies Capital Markets Series is coming to Spain for an invite-only VIP session during
@mmerge_io Madrid. 🔎

The agenda features the closing panel, “Opening Access to Digital Assets: Products, Platforms and Investor Demand,” alongside a keynote and three Asset Deep Dives on the infrastructure behind each asset, how adoption is progressing, and the regulated routes to exposure.

🎙️ About the panel

Institutional and private capital now reaches digital assets through exchange-traded products, venture funds, indices, and bank platforms that fit into existing custody and trading relationships. Each route solves a different problem and carries different constraints.

This panel puts the product side and the distribution side in the same room. It looks at what is being built, what investors are asking for, and where demand and available structures still do not match.

🎤 Panelists:

🔹 Andrea Disarò, Principal, Structured Products & Quantitative Analysis, @DeFiTechGlobal
🔹 @Forson, President, DeFi Technologies & Chief Growth Officer,@ValourFunds
🔹 Guillermo Barco Muñoz, Senior Product Manager Digital Assets, @Swissquote
🔹 Jacob Lindberg, Chief Revenue Officer, @ValourFunds
🔹 Soledad Contreras, Head of Partnerships, @CoinDesk

🤝 The session is built for asset managers, institutional investors, family offices, wealth managers, and capital allocators. It covers what assessment, selection, and regulated exchange-listed exposure look like inside a diversified portfolio.

📍 Palacio de Cibeles, Madrid, during MERGE
🗓️ 28 October 2026

If you are an asset manager, institutional investor, or allocator and would like to attend, reach out to 📩 [email protected]

@DeFiTechGlobal | @ValourFunds | @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

🇪🇸 The @DeFiTechGlobal Capital Markets Series arrives in Spain, as a VIP session during MERGE Madrid.

Alongside the keynote and panel discussions the agenda includes three Asset Deep Dives for those who want to understand the infrastructure behind each asset, how adoption is progressing, and the regulated routes to exposure. 🔎

🔹 Bitcoin: Institutional Adoption & Regulated Access
Bitcoin’s evolution into an institutional asset class, the regulatory frameworks that enable access, and the role of physically-backed staking ETPs in portfolio construction.
🎤 Juan Ignacio Ibañez, Executive Director, @MiCA_Alliance

🔹 Ethereum: Capital Markets Infrastructure
Ethereum as the foundation for tokenized assets and institutional use cases, and staking yield as an investment strategy.
🎤 @MarinaMarkezic, Executive Director, @EuEthInstitute

🔹 Optimism: Technical Requirements for Institutional Adoption
What does it actually take to bring institutions onchain? Optimism shares the protocol-level requirements, from compliance controls and MEV protection to atomic interoperability, privacy and horizontal scaling, that brought Coinbse, Kraken, Uniswap, OKX, Bitpanda, Upbit and WhiteBIT to build their chain on Optimism.
🎤 Carlos Arena, Vice President of Sales, Optimism

🤝 The session is built for asset managers, institutional investors, family offices, wealth managers and capital allocators, and covers what assessment, selection and regulated exchange-listed exposure look like inside a diversified portfolio.

📍 Palacio de Cibeles, Madrid, during MERGE
🗓️ 28 October 2026

If you are an asset manager, institutional investor or allocator and would like to attend, reach out to 📩 [email protected]

@DeFiTechGlobal | @ValourFunds | @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

The final session at the DeFi Technologies Capital Markets Series London asked why indices matter now for digital assets.

@lornah111, Partner at @PartnersPenrose, moderated a conversation with:

🔹 Andrea Disarò, @DeFiTechGlobal
🔹 @Forson, DeFi Technologies
🔹 Fiona Boal, Managing Director & Global Head of Equities at @SPDJIndices

Fiona set the scale. Around $200B sits in regulated crypto ETFs and ETPs, compared with trillions benchmarked to the S&P 500. Digital asset indexing is still early.

💡 What traditional indexing brings to digital assets:

🔹 A clear index objective: market cap weighted, single exposure, or thematic
🔹 Strong governance and a rules-based methodology
🔹 Investability: a coin trending on X may not qualify if investors can't access it

The panel also covered the hard problems. 24/7 markets have no daily close, an index can't be restated after the fact, and price transparency and custody remain top concerns.

On implementation, the DVIO approach uses a diversified 50-asset index built on regulated wrappers. It gives institutions a rules-based way to allocate 1–3% of a portfolio without picking individual tokens.

Thank you to Fiona, Lorna and @PartnersPenrose and @SPGlobal for a sharp discussion.

@ValourFunds | @DeFiTechGlobal | @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

🇬🇧 Watch the highlights from the DeFi Technologies Capital Markets Series at Canada House in London.

🏛️ The session brought together traditional financial players, digital asset experts, and regulators to examine how digital assets fit within a diversified portfolio and what regulated, exchange-listed exposure looks like in practice. Digital assets are becoming part of the infrastructure of modern finance, and institutional adoption is entering a new phase. The central question in the room was how to bring digital assets into the portfolios of traditional investors in a way they feel safe using.

📊 The roundtable explored what DeFi infrastructure needs to be transparent, reliable, and liquid, and how the combination of traditional finance and DeFi is shaping the future of capital markets. The discussion also covered portfolio valuation methodologies, the role of crypto indexes in portfolio construction, and how ETPs give investors a professional, regulated way to access this asset class while preserving the operational frameworks institutions rely on.

🎤 We thank our speakers for their contributions:

🔹 @Forson, President of DeFi Technologies and Chief Growth Officer of Valour
🔹 Andrea Disarò, Principal, Structured Products & Quantitative Analysis at @DeFiTechGlobal
🔹 Fiona Boal, Managing Director & Global Head of Equities at @SPDJIndices
🔹 @juan_i_ibanez. Executive Director at the @MiCA_Alliance
🔹 @LynnMaxwell123, Head, Strategic Client Engagement at @SPGlobal
🔹 @lornah111, Partner at @PartnersPenrose
🔹 Mariana de la Roche Wills, CEO of @BlackVogel_
🔹 @MarinaMarkezic, Executive Director of @EuEthInstitute

🤝 A sincere thank you to our partners, S&P Global, Penrose Partners, the Canada-UK Chamber of Commerce, @BlackVogel_, @OMFIF, and @CanadaHouse, for making this event possible. Thank you also to the allocators who joined us and shared their interest in our products.

📩 For participation and partnership opportunities at upcoming editions, please contact [email protected].

🎥 Watch the video 👇

@DeFiTechGlobal | @ValourFunds | @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

@MarinaMarkezic, CEO of @EuEthInstitute, led the second asset deep dive at the @DeFiTechGlobal Capital Markets Series London: Ethereum: Capital Markets Infrastructure.

She assessed Ethereum on the criteria regulators already apply: track record, transaction finality, technical resilience, governance, continuity, and network activity.

🔹 Over ten years live without downtime, supported by multiple independent clients built by different teams. No single client holds more than 33% of the network
🔹 Credibly neutral governance: no single actor can change the protocol on its own
🔹 Around 65% of all stablecoins are deployed on Ethereum
🔹 Post-quantum research has run since 2018, with quantum-resistant upgrades targeted for 2029

📊 What asset managers can do on Ethereum today: tokenized money market funds and bonds, stablecoin settlement and collateral management, DeFi yield for eligible clients, and portfolio reporting.

Thank you to Marina for speaking on this edition.

💡 1Valour Ethereum Physical Staking (1VET) is listed on the London Stock Exchange.

🔗 https://t.co/4Ndeq3uYm2

@ValourFunds | @DeFiTechGlobal | @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

What if a crypto fund could decide which assets to hold, when to invest and how much to commit, all by algorithm?

That's the idea behind Smart Crypto Fund SP, launched by @ValourFunds and managed by Neuronomics AG, a FINMA-authorised Swiss portfolio manager.

Crypto has offered strong growth, but holding it all the time has also meant deep drawdowns. Smart Crypto Fund SP takes a different approach. It is a fully algorithmic, AI-based fund that seeks to participate selectively in market opportunities and reduce exposure when conditions become less attractive.

It wasn't built overnight. Neuronomics was founded in Switzerland in 2015 and has run a live crypto strategy since July 2020, through rising, falling and sideways markets. Its process combines years of research in neuroscience, AI and markets, with a team rooted at the University of Zurich, EPFL and ETH Zurich.

Valour leads structuring, governance, investor relationships and distribution. Neuronomics leads research, models, trading and risk management. Smart Crypto Fund SP sits within Valour Funds SPC in the Cayman Islands.

For DeFi Technologies, it adds an actively managed strategy alongside Valour's ETP business and opens the door to investors who may not consider passive crypto products. $DEFT

[DeFi Technologies @DeFiTechGlobal]

Digital assets are now mainstream financial infrastructure. With Valour ETPs and the DeFi Technologies DVIO Index, portfolio managers can make intelligent allocation decisions.

@Forson, President of DeFi Technologies, laid out why in his keynote at the DeFi Technologies Capital Markets Series London: Bridging Traditional Capital Markets with Digital Assets.

His comparison: the internet became part of every company in every industry, and "Internet company" faded as a category. Digital assets are following the same path.

🔹 Blockchain technology is proven, and its use cases across industry and finance are clear
🔹 Digital assets are the building blocks of a new financial infrastructure with transparency, speed, and programmability built in
🔹 That infrastructure makes the full range of capital market instruments available to anyone, anywhere
🔹 Allocators now assess digital assets as infrastructure with real utility and explainable expected returns

Whether the conversation starts with AI, space, robotics, neuroscience, or finance, digital assets play a role, utility tokens in particular.

📊 Andrew's view is that this changes portfolio construction. Individual and institutional portfolios need exposure to the units that power AI tokens, secure communication between robotic devices, represent a fast-growing share of tokenised capital market instruments, and secure the settlement rails that stablecoins run on.

Index providers such as @SPGlobal have built digital asset indices for capital allocators. The DVIO Index, explored in depth during the London edition, tracks both price performance and regulated capital flows across digital assets.

Efficiency wins out. The line between digital and traditional assets will blur, and investors need access through regulated products. That's the bridge @DeFiTechGlobal and @ValourFunds are building.

🔗 Explore the DVIO Index: https://t.co/4VXYCemxVX

@ValourFunds | @DeFiTechGlobal | @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

Juan Ignacio Ibañez, Executive Director at @MiCA_Alliance, opened the asset deep dives at the DeFi Technologies Capital Markets Series London with a session on Bitcoin: Institutional Adoption & Regulated Access.

His case: Bitcoin has matured into an institutional asset. It's bigger, more liquid and less volatile than in its early years. The service providers around it have also made it much easier to understand.

📊 Why institutions allocate:

🔹 Asymmetric returns: a 1% allocation can lose at most 1%, with room to grow several times over
🔹 A non-sovereign monetary asset that is nobody's debt, similar to gold
🔹 A fixed supply of 21 million units as a long-term hedge against monetary expansion
🔹 Around half of the crypto market, and its most liquid asset

Direct exposure still brings friction: node setup, institutional-grade custody, unfamiliar workflows, tax and client reporting, and no native yield. Juan showed how MiCA in the EU, the UK's opening of retail access to crypto ETPs, and asset-backed ETPs address each one.

Thank you to Juan for speaking on this edition.

💡 1Valour Bitcoin Physical Staking (1VBS) is listed on the @LSEplc.

🔗 https://t.co/i16XbDoF1O

@ValourFunds | @DeFiTechGlobal | @DigitalStillman

[DeFi Technologies @DeFiTechGlobal]

Andrea Disarò, Principal, Structured Products & Quantitative Analysis at @DeFiTechGlobal, presented the DEFT Valour Investment Opportunity (DVIO) Index at the DeFi Technologies Capital Markets Series in London.

📊 DVIO Index

🔹 Scope: Top 50 assets by AUM across the @ValourFunds platform
🔹 Weighting: AUM-based, adjusted for capital flows
🔹 Methodology: Rules-based, automated and recalculated weekly

As the digital asset market develops, market data is increasingly complemented by tools that help put it into context. Andrea also presented the quantitative and qualitative layer built around the index: weekly reports, flow–price divergence signals, a Bitcoin-versus-altcoin rotation barometer, and a watchlist monitoring assets below the index threshold for early flow signals.

He subsequently joined the panel “Why indices matter now for digital assets”, discussing the development of indexing in digital assets relative to traditional markets, the role of diversification in portfolio allocation, and how indices can support portfolio construction.

💡 Andrea highlighted the relatively early stage of the digital asset indexing ecosystem, noting that at the end of 2025, global crypto ETPs represented approximately 1% of the assets indexed to the S&P 500 alone.

In traditional markets, indices underpin ETFs, derivatives, structured products and institutional benchmarks, while these applications are still developing across digital assets.

🔗 Explore the DVIO Index → https://t.co/P9La4t9hXj

@ValourFunds | @DeFiTechGlobal | @DigitalStillman