Nasdaq-listed digital asset financial services company DeFi Technologies (DEFT) released its third-quarter financial results, reporting revenue of $18.3 million, a year-over-year decrease of approximately 18%. Core revenue, excluding realized and unrealized investment gains and losses, was $6.1 million, a year-over-year decrease of approximately 41%, with operating profit at $7 million. Despite the decline in core business revenue, the company still achieved a net profit of $22.3 million, primarily driven by trading revenue and investment revaluation gains. Its digital asset ETP issuer, Valour, reported combined management fees, staking, and lending income of $3.8 million in the quarter, a year-over-year decrease of approximately 51%, with net inflows of $26.1 million and an average quarterly asset under management of approximately $493 million. https://wublock123.com/news/news-71865