Defi Technologies, Inc..
DEFT.US | Trusts, funds and similar financial entities
Defi Technologies, Inc. (DEFT.US) is a technology company focused on digital assets and decentralized finance (DeFi). It operates through its subsidiaries, Valour Inc. and Reflexivity Research LLC. Valour Inc. is engaged in issuing exchange-traded products (ETPs) that provide simplified access to di...Show More
Better Health for All
0
DeFi Technologies is a financial technology company focused on digital assets, exchange-traded products, and cryptocurrency research.
1
The provided articles primarily detail the company's financial performance, strategic investments in AI and stablecoins, and efforts to enhance market transparency for its shares. There is no evidence to suggest that the company's core products or services have any direct positive or negative impact on physical or mental health. Consequently, all KPIs related to health impact, safety, accessibility, innovation, externalities, equity, workforce support, preventative measures, data responsibility, crisis response, mental health, patents, nutrition, education, addiction, and clinical trials are deemed not applicable or neutral based on the available information.
Fair Money & Economic Opportunity
0
No specific, quantitative evidence was found in the provided articles to assess DEFT.US against any of the KPIs for Fair Money & Economic Opportunity. The articles discuss general trends in DeFi and financial inclusion or focus on the company's stablecoin launch, without providing measurable data points related to customer demographics, pricing, fees, inclusion initiatives, data accessibility, lending compliance, wealth outcomes, profit reinvestment, financial literacy, debt burden, geographic inclusion, or product simplicity for DEFT.US.
1
Fair Pay & Worker Respect
0
No evidence available to assess Defi Technologies, Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
0
DEFT.US is a technology company focused on digital assets and decentralized finance, issuing exchange-traded products and providing research. Its business model does not involve the procurement or trade of physical commodities, nor does it have a traditional supply chain that would require fair-trade certifications, sourcing audits, or material risk assessments.
1
Therefore, all KPIs related to fair trade and ethical sourcing are scored as N/A.
2
Honest & Fair Business
-40
The company had two restatements for its Q2 2024 and Q3 2024 interim financial statements.
1
These restatements were due to the reclassification of certain digital assets and a related party loan, which increased the net loss for Q2 2024 by $98,657,552 and for Q3 2024 by $3,892,283, resulting in a cumulative increase of $102,549,835 in net loss by Q3 2024.
2
Averaged over five years, this would be 0.4 restatements per year (2 restatements / 5 years), which falls between the -70 tier (approximately 2 restatements per year) and the -60 tier (one restatement per year). However, the rubric's negative tiers are based on *annual* averages. Two restatements in a single year (2024) would be considered 2 restatements per year if that year was representative.
3
The closest tier for 2 restatements in a year is -80 (2-3 restatements annually).
Kind to Animals
0
DEFT.US operates in the digital assets and decentralized finance (DeFi) sector, issuing exchange-traded products (ETPs) and providing research.
1
Its business model does not involve activities such as manufacturing physical products, animal testing, animal agriculture, or sourcing animal-derived ingredients. Consequently, the provided articles, which focus on financial performance, regulatory approvals, and corporate governance, do not contain any data relevant to the 'Kind to Animals' ethical value or its associated KPIs.
2
No War, No Weapons
0
No evidence available to assess Defi Technologies, Inc. on No War, No Weapons.
Planet-Friendly Business
-40
Valour, a subsidiary of DeFi Technologies Inc., uses carbon credits certified by Verified Carbon Standard (VCS), Gold Standard, Climate Action Reserve (CAR), BCarbon, and Puro.Earth.
1
DeFi Technologies Inc. joined the Crypto Climate Accord (CCA) as a Supporter, which includes an objective for CCA Signatories to achieve net-zero emissions from electricity consumption by 2030.
2
Valour also strives to contribute to the transition to net-zero GHG emissions by 2030.
3
The CCA's target for the global crypto industry is 2040.
4
DeFi Technologies Inc. mentions an ESG strategy but does not explicitly mention alignment with the Task Force on Climate-related Financial Disclosures (TCFD).
5
Respect for Cultures & Communities
0
No specific, concrete data points were found across the provided articles to assess DEFT.US against any of the KPIs for 'Respect for Cultures & Communities'.
1
The articles primarily focus on financial results, market performance, or general discussions about the potential of Web3 technologies for Indigenous communities, without detailing DEFT.US's specific actions, partnerships, or impact metrics in these areas.
2
Safe & Smart Tech
0
No specific, concrete data points were found for any of the KPIs related to Safe & Smart Tech for DEFT.US. The articles discuss general risks and regulatory environments within the DeFi sector, and some general company policies, but do not provide measurable evidence of DEFT.US's performance in data protection, cybersecurity, or responsible AI practices. While the company uses AI and aims for transparency, there is no evidence of specific AI ethics governance, audit practices, or algorithmic transparency metrics.
1
Similarly, there is no data on data breaches, cybersecurity investment, privacy certifications, encryption implementation, user data control, authentication security, vulnerability management, bug bounty programs, privacy by design, security testing coverage, data minimization, regulatory compliance, algorithmic harm remediation, or digital rights advocacy for DEFT.US.
Zero Waste & Sustainable Products
0
No evidence available to assess Defi Technologies, Inc. on Zero Waste & Sustainable Products.