Public Statement 4 of 2025 - XM Defi Financial Ltd (2025-01-23)

Summary

This is a public warning notice issued by the BVI Financial Services Commission (FSC) about XM Defi Financial Ltd. The FSC states that this entity is not a BVI company and has never been licensed or regulated by the FSC to conduct investment business or any other financial services business in or from within the Territory, despite falsely purporting to conduct business with or in collaboration with the FSC.

• Purpose: To protect customers, creditors, or persons solicited by XM Defi Financial Ltd, and to alert the public that the entity is unlicensed and unregulated.
• Public advice: Members of the public are advised to exercise extreme caution and avoid conducting business on the basis that XM Defi Financial Ltd operates in collaboration with the FSC.
• Reporting: The public is invited to provide the FSC with information on any questionable entities or improper activities operating in or from the BVI.
• Legal basis: Issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

This notice does not impose obligations on regulated entities; it is an informational alert warning the public and market participants about an unlicensed entity.

Applies to

general public, potential customers or creditors of XM Defi Financial Ltd