According to ChainCatcher, Decrypt reported that DeFi Technologies announced that it has submitted a 40-F registration form to the U.S. Securities and Exchange Commission to prepare for listing on the Nasdaq stock market. Although this is only the first step, it marks an important step for the company to move towards a wider market.

DeFi Technologies is a parent company focused on cryptocurrency, including exchange-traded fund (ETF) operator Valour. Currently, the company's stock is traded on the Canadian Cboe Exchange under the DEFI code and on the over-the-counter market under the DEFTF code.

It is worth noting that DeFi Technologies' common stock is still subject to Nasdaq's approval for listing on Nasdaq and meeting all applicable listing and regulatory requirements, including the U.S. Securities and Exchange Commission's announcement that Form 40-F is effective. The company's stock will also continue to be listed on Cboe Canada. 📈