Strategic Joint Venture to Launch a Regulated Stablecoin: DeFi Technologies has entered into a joint venture and made a leading equity investment in Fire Labs, a stablecoin infrastructure provider backed by America First Technology (" AFT "). This partnership marks DeFi Technologies' entry into the real-world asset (" RWA ") sector through the development of a fully regulated, USD-backed stablecoin issued directly by a U.S. bank.
Kraken integration to accelerate institutional access: To support secure and scalable adoption, Fire Labs will integrate with Kraken Embed - Kraken's modular crypto infrastructure platform - enabling seamless, regulated access to the stablecoin within institutional and enterprise platforms.
GENIUS Act Momentum: The initiative is in line with growing regulatory support in the U.S., including the pending GENIUS Act - a bipartisan bill moving through Congress to create a clear federal framework for fiat-backed stablecoins issued by regulated institutions.
Over-collateralized infrastructure and revenue model: Fire Labs' stablecoin will be backed by 105% reserves, exceeding regulatory requirements to ensure stability and trust. An accompanying yield-generating token will offer compliant, bank-backed yields tailored to institutional investors. DeFi Technologies will generate revenue through trading fees, yield sharing and broader integration of its businesses.
Minority stake in AFT: DeFi Technologies has also completed a 19.5% minority stake in CH Technical Solutions SA, trading as AFT.
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