DeFi Technologies Inc. reported $7.8 million of revenue for the three months ended June 30, 2026, down from $13.1 million a year earlier, while operating loss widened to $2.3 million from $0.9 million. Core operating revenue, which excludes realized and unrealized gains and losses, was $5.5 million versus $6.7 million in Q2 2025, and total operating expenses fell to $10.1 million from $14 million as lower share-based payments partly offset higher operating, general and administrative spending tied to growth initiatives. Valour, the group's digital asset ETP business, generated $3.0 million from management fees, staking and lending income on average quarterly AUM of $471.5 million and recorded $22.8 million of net inflows, while Stillman Digital contributed $2.5 million in trading commissions revenue, up from $1.9 million a year earlier. As of June 30, the company held about $70.7 million in cash and USDT/USDC, $19.1 million in STRC/RWUSD, roughly $30.0 million in digital asset treasury holdings and a venture and private portfolio valued at $15.1 million, for a combined total of about $135 million.