DeFi Technologies (DEFT) Q3 2025: Revenue Miss, New CEO, Guidance Cut
DeFi Technologies reported Q3 2025 revenue of $22.5 million, down from $28.1 million a year earlier, and cut full-year guidance to $116.6 million from $218.6 million. Operating income fell to $9 million. Co-founder Johan Wattenström was named CEO, replacing Olivier Roussy Newton. Shares dropped about 15% in early trading.