REG - DEFI Dev Corp UK PLC - Board appointments

DeFi Development UKAnnouncement

Thu 07:02

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RNS Number : 9570O  DEFI Development Corporation UK PLC  15 January 2026

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication
of this announcement via a Regulatory Information Service, this inside
information is now considered to be in the public domain.

15 January 2026
DeFi DEVELOPMENT CORPORATION UK PLC
(formerly known as Cykel AI PLC)

 

(the "Company")

Board appointments

DeFi Development Corporation UK PLC (LSE: DFDV) a Main Market listed company
which offers both an AI agent platform that enables businesses to automate
tasks through the use of specialised digital workers for sales, recruitment
and research as well as a SOL treasury is pleased to announce that Hadley
Stern and Nathalie Maggi have been appointed as directors of the Company.
Hadley will serve as Non-Executive Chair of the Board and Nathalie will serve
as an Executive Director and Chief Financial Officer. The appointments will
take effect on 15 January 2026.

Hadley is a veteran executive in digital assets and emerging technologies. He
has held senior leadership roles spanning development, innovation, and
institutional adoption of blockchain-based solutions. He served as Chief
Commercial Officer of Marinade Finance, where he led commercial strategy and
partnerships with traditional financial institutions and enterprises expanding
to the Solana ecosystem. Hadley continues as an advisor to Marinade Finance.

 

Hadley's involvement in cryptoassets began in 2014 at Fidelity Labs, where he
directed design, development, and product management teams exploring emerging
technologies including wearable computing, virtual and augmented reality,
mobile applications, and artificial intelligence. He subsequently helped found
Fidelity's blockchain and bitcoin incubators and established the firm's
digital asset services division. Following this, as Managing Director, Global
Head of Digital Asset Custody, Hadley oversaw the launch of the first
bank-grade digital asset custody platform at BNY Mellon; served as the chief
operating officer at blockchain infrastructure company Bloq; and led the
innovation lab at Amazon Web Services.

 

Nathalie brings over a decade of international finance leadership across
fintech and crypto, with deep experience navigating high-growth, regulated,
and innovative markets. She served as Senior Finance Manager at Binance for
four years, where she worked directly with senior leadership to deliver
financial oversight across Europe. Before that, she spent eight years at
Blackhawk Network, a global leader in branded payments, where she worked in
financial planning, post-merger integrations, and regulatory reporting.

 

There are no matters requiring disclosure under UK Listing Rule 6.4.8.

 

Michael Chan, Chief Executive Officer, commented:

 

"We are delighted to welcome Hadley and Nathalie to the Board. Both Hadley and
Nathalie have exceptional expertise in the digital assets space as well as a
wealth of commercial, financial and technical knowledge and experience,
strengthening our governance framework and skill sets.

 

The recent renaming of the Company to DeFi Development Corporation UK PLC,
reflects our strong relationship with DeFi Development Corp. (NASDAQ: DFDV),
which together with Hadley and Nathalie's appointments marks a definitive step
forward in the development of our Solana focused digital asset treasury
strategy."

 

 

*ENDS*

 

For further information:

 

 

 

 DeFi Development Corporation UK PLC
 Michael Chan                                investors@defidevcorp.co.uk

 Director

 First Sentinel (Corporate Adviser)  

 Brian Stockbridge                           brian@first-sentinel.com (mailto:brian@first-sentinel.com)              +44 (0) 7858 888 007

                                               

 Fortified Securities (Broker)  
 Guy Wheatley                                                                                                        +44 (0) 7493 989014

 

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