KR1 plc - Investment: Tidal Finance
PR Newswire
Investment: Tidal Finance
KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to announce that the Company has invested a total of US$200,000 in the Tidal Finance project in return for 222,222,222.22 Tidal ( TIL ) tokens. KR1 took part in Tidal Finance s funding round alongside investors such as Hypersphere Capital and NGC Ventures.
Tidal is a decentralised insurance marketplace built on Polkadot, which allows users to create custom cover pools for digital assets. By rewarding pool creators with a portion of the return from deposits, Tidal maximizes capital efficiency and thereby attracts professional liquidity providers. In turn, the capital efficiency allows for more competitive offering of cover premiums, attracting potential buyers.
KR1 plc - Investment - HydraDX
Investment: HydraDX
KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to announce that the Company has invested a total of US$200,000 in the HydraDX project. KR1 took part in HydraDX s seed funding round alongside Hypersphere Capital and will receive a yet-to-be-determined amount of HydraDX ( HDX ) tokens.
HydraDX is a decentralised exchange and cross-chain liquidity protocol built on Polkadot s Substrate blockchain development framework. The project s aim is to deliver a composable base layer for digital asset liquidity by creating a new architecture for an AMM (Automated Market Maker). Some of the key innovations include having one omnipool enabling connections between assets, providing deeper liquidity, front running mitigation technology, on-chain governance and forkless upgrades.
KR1 plc - Update on Revenue from Polkadot Staking Yields
PR Newswire
Update on Revenue from Polkadot Staking Yields
KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to provide an update on the Company s revenue from staking activities on Polkadot ( DOT ). KR1 has generated a further 141,564.69 DOT since the last staking update announcement in August 2020, all of which have been sold at an average price of US$5.63 per DOT token, realising US$796,942.58.
KR1 has generated more than 194,631.69 DOT from staking yields over the last six months since Polkadot migrated to a Proof-of-Stake network on 18 June 2020. The Company has now realised the entirety of its generated DOT staking yields to date, which netted the Company a total of US$991,745.54. The Company plans to maintain its staking of a large majority of its DOT position to continue generating revenues for the Company s operations going forward.
Capital for Colleagues plc - Holding in Company
PR Newswire
17 December 2020
HOLDING IN COMPANY
Capital for Colleagues, the investment vehicle focused on opportunities in the Employee Owned Business ( EOB ) sector, has received a TR-1 Form, which is reproduced without amendment below.
TR-1: S
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer
and to the FCA in Microsoft Word format if possible)
i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached
ii
Capital for Colleagues PLC
1b. Please indicate if the issuer is a non-UK issuer (please mark with an X if appropriate)
KR1 plc - Investment: Swarm
Investment: Swarm
KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to announce that the Company has invested a total of US$200,000 in the Swarm project in return for 797,043.48 Swarm ( BZZ ) tokens.
Swarm is a new decentralised storage and communication platform that consists of peer-to-peer networked nodes. The system is economically self-sustaining, due to a built-in incentive system enforced through smart contracts on the Ethereum blockchain. Swarm s redundant architecture makes the system resilient to connectivity issues, node churn or targeted DDOS attacks and enables a zero-downtime service. Swarm is designed to deeply integrate with the Ethereum blockchain for domain name resolution, service payments and content availability insurance. As such, Swarm is a missing piece in the Ethereum jigsaw puzzle.