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NFT Investments PLC, (AQSE: NFT), an investment company specialising in non-fungible tokens ( NFTs ), is pleased to provide an operational update and report excellent progress with its investment strategy despite difficult trading conditions in the crypto market. Trading conditions in the cryptocurrency markets, led by Bitcoin, have seen a sharp downturn since the Company s flotation on AQSE on 16 April 2021. The price of Bitcoin has declined by about 50% from approximately $63,000 to $31,200 as of 26 June 2021. This has also impacted asset values in the non-fungible tokens (NFT) market; for example, the price of Flow has fallen by approximately 78% from $36 to $8 over the same period.
Dispersion Holdings, an investment company specialising in decentralised finance (DeFi) and established by the co-founders of Argo Blockchain plc, is pleased to announce that dealings in its ordinary shares will commence on the Aquis Stock Exchange Growth Market (AQSE) from 8am today, 30 April 2021. The shares will be traded under the ticker symbol DEFI. The ISIN code is GB00BN6JHS87, and the SEDOL code is BN6JHS8. The Company has been admitted to the Access segment of the AQSE following a placing and subscription at 3p per share, that raised a combined £9 million. The Company previously raised £2.2 million before expenses in a pre-IPO fundraising round.
Executive Board and Management Team to be Paid in Cryptocurrency NFT Investments, a company specializing in the identification, acquisition, investment, and development of non-fungible tokens ( NFTs ) , is pleased to announce it has made its maiden investment by acquiring a stake in AEON International, a leading developer of cutting-edge technology for the luxury fashion industry.
The Company has invested US$1,000,000 in AEON in an oversubscribed private round. NFT Investments joins an exclusive club of existing investors including a NYSE listed Chinese ecommerce giant which has a significant stake. This is the first investment made by the Company since its flotation on the AQSE Growth Market on 16 April 2021.
19 April 2021 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. This announcement is not a prospectus and does not constitute an offer of securities for sale in any jurisdiction, including in or into the United States, Australia, Canada, Japan or South Africa. Neither this announcement, nor anything contained in it, shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not subscribe for or purchase any ordinary shares (the Ordinary Shares ) referred to in this announcement or in any final admission document except solely on the basis of the information contained in any such admission document including the risk factors set out in it, that may be published by