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DeFi Technologies set for best day in over two months, co partners with SovFi

ReutersSep 24, 2025 3:13 PM

U.S.-listed shares of financial technology co DeFi Technologies DEFT.O gain 11.4% to $2.74

Stock set for biggest one-day gain in more than two months, hits highest level since August 12

Co has partnered with SovFi to introduce finance framework to help countries reduce debt, attract foreign direct investment and deepen liquidity in capital markets

Hedge fund manager Eric Jackson, an advisor to DEFT, said in X post he would speak at co's event in Frankfurt

Added that he wanted to hear how the partnership could make DEFT "100-bagger", as they are "going after" $100 trillion debt market

Jackson's bullish posts in July had prompted a rally in meme stock Opendoor Technologies OPEN.O

DEFT shares have changed little in 2025, including session's move

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