DeFi Technologies Inc. (NASDAQ: DEFT) announced the appointment of Russell Starr as strategic advisor to the company. The financial technology company, which operates across traditional capital markets and decentralized finance, made the announcement on Tuesday.

Starr previously served as head of capital markets at DeFi Technologies, where he supported the company's Nasdaq listing and investor positioning efforts. Before that role, he served as chief executive officer of the company during what the firm described as a development and market expansion phase.

In his new advisory role, Starr will work with DeFi Technologies' leadership team on capital markets strategy, investor engagement, and corporate development initiatives, according to the press release.

"Russell has been a trusted partner to DeFi Technologies and brings deep capital markets expertise and institutional insight," said Johan Wattenström, chief executive officer of DeFi Technologies. "His experience across financings, market positioning, and investor engagement will be highly valuable as we continue to strengthen our capital markets strategy and expand our global presence."

Starr has held senior leadership roles across multiple industries, with experience in mergers and acquisitions, venture capital, and strategic partnerships. His background includes work in natural resources, renewable energy, and emerging technology sectors.

DeFi Technologies operates as a publicly listed digital asset platform that provides access to digital assets through investment products, trading infrastructure, and research. The company's business units include Valour, which issues digital asset exchange-traded products, and Stillman Digital, a digital asset trading platform.

The company trades on multiple exchanges including NASDAQ under the ticker DEFT, CBOE Canada as DEFI, and Germany's Frankfurt exchange as R9B.