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

DeFi Technologies

24/09/2025 16:13

** 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

 (Reporting by Purvi Agarwal in Bengaluru)

 ((Purvi.Agarwal@thomsonreuters.com;))