TSX-V Listing of TenX (TNX)
TenX Protocols Inc., a client of DeFi Technologies and part of its venture portfolio, commenced trading on the TSX Venture Exchange under the ticker “TNX” on December 10, 2025. This milestone follows a successful subscription receipt financing as part of TenX’s strategy to go public.
Over C$33 Million Raised in 2025
In 2025, TenX’s public listing and associated financing efforts have resulted in raising over C$33 million. Noteworthy investors in this round include prominent players in the digital asset space such as Borderless Capital, HIVE Blockchain Technologies, Chorus One, and DeFi Technologies itself.
Stillman Digital Integration
Stillman Digital, the trading subsidiary of DeFi Technologies, will collaborate with TenX to provide essential institutional trade execution and market intelligence. This partnership will bolster TenX’s staking, validator, and treasury strategies across advanced Layer 1 blockchain networks, including Solana, Sui, and Sei.
Company Announcement
DeFi Technologies Inc. is excited to reveal that its advisory client, TenX Protocols Inc., has begun trading on the TSX Venture Exchange under the ticker TNX. This event, which took place on December 10, 2025, marks a significant milestone following a successful financing campaign that has collectively raised more than C$33 million this year. Notable investors contributing to this achievement include leading digital asset firms.
DeFi Technologies’ Strategic Positioning
The capital raised from these financings has been instrumental in solidifying TenX’s position as a key player in blockchain infrastructure. Andrew Forson, President of DeFi Technologies, remarked on the significance of TenX’s TSXV listing as an essential step in its growth trajectory. He emphasized that the collaboration aligns well with DeFi’s advisory services and trading infrastructure, facilitating TenX’s expansion in treasury and staking services across high-performance blockchain networks.
TenX’s Revenue Model
TenX is strategically focused on generating consistent revenue streams through its operations on high-performance Layer 1 networks like Solana, Sui, and Sei. The company provides institutional-grade staking infrastructure and validator services, along with digital asset treasury strategies that create avenues for public investors to gain exposure to the burgeoning Web3 ecosystems.
Leadership Team
The company is spearheaded by industry leaders Mat and Filip Cybula, who have successfully founded and exited from Cryptiv, alongside CTO Geoff Byers, a seasoned blockchain engineer with prior experience as the CTO of Tetra Trust. Their extensive backgrounds in custody, infrastructure, and secure technology position TenX as a formidable entity in the digital asset treasury and staking market.
About DeFi Technologies
DeFi Technologies Inc., listed on Nasdaq as DEFT and CBOE CA as DEFI, is at the forefront of bridging traditional financial markets with decentralized finance (DeFi). As a pioneering digital asset manager on Nasdaq, DeFi Technologies provides equity investors with diversified access to the decentralized economy through a scalable business model. Its offerings include Valour, which allows investment in innovative digital assets, Stillman Digital for institutional trading solutions, and Reflexivity Research for in-depth market analysis.
About Valour
Valour Inc. and Valour Digital Securities Limited are responsible for issuing exchange-traded products (ETPs) that provide both retail and institutional investors with a simple and secure method to invest in digital assets directly through their traditional bank accounts. Valour operates within DeFi Technologies’ asset management division.
About Stillman Digital
Stillman Digital is recognized as a premier provider of liquidity solutions in the digital asset realm, focusing on delivering exceptional trade execution, settlement, and technological capabilities.
About Reflexivity Research
Reflexivity Research LLC specializes in producing high-quality research reports for the bitcoin and digital asset sectors, offering investors valuable insights into market trends and opportunities.
Cautionary Note on Forward-Looking Information
This announcement contains “forward-looking information” as defined by Canadian securities laws, which may include projections about TenX’s share listing, partnerships, and the broader regulatory landscape surrounding decentralized finance. The nature of forward-looking information carries inherent risks and uncertainties, which could result in actual outcomes differing significantly from those anticipated. Readers are advised to exercise caution and not place undue reliance on these forward-looking statements, as the company is not obligated to update such information beyond what is required by law. The CBOE Canada Exchange disclaims responsibility for the accuracy or adequacy of this release.
