Business
Unaudited Net Asset Value Update (May 2024)
Unaudited Net Asset Value Update (May 2024).
About this update from Kr1 Plc
[{"type":"text","content":"\n\n \n \n\n\n\n\nFriday, 28 June 2024KR1 plc(“KR1” or the “Company”)Unaudited Net Asset Value UpdateKR1 plc (KR1:ASE), a leading digital asset investment company, is pleased to announce its unaudited net asset value (\"NAV\") as at 31 May 2024.Net Asset Value: £188,186,207NAV per share: 106.32 pGBP/USD rate: 1.2737Income from digital assets (*): £1,165,171 Positions (Top 10) by fair value:Asset GBP equivalent % of portfolioCelestia (\"TIA\") £62,109,304 33.00%Polkadot (\"DOT\") £26,193,175 13.92%Lido (\"LDO\") £23,888,594 12.69%Lido Staked ETH (\"stETH\") £15,848,244 8.42%Cosmos (\"ATOM\") £11,692,110 6.21%Nexus Mutual (\"NXM\") (**) £7,170,357 3.81%Zee Prime II £6,629,903 3.52%Astar (\"ASTR\") £4,595,130 2.44%Moonbeam (\"GLMR\") £3,709,055 1.97%Rocket Pool (\"RPL\") £3,441,389 1.83%(*) For the purposes of KR1’s monthly unaudited NAV update, 'Income from digital assets' is defined as the aggregate income from staking rewards for the relevant monthly period and excludes any other forms of income.(**) For the purposes of asset valuation, the fair value of NXM is established according to the price of Wrapped NXM (\"wNXM\").--ENDS--For further information please contact:KR1 plc George McDonaughKeld van SchrevenPhone: +44 (0)1624 630 630Email: [email protected] Capital Limited (Aquis Corporate Adviser)Mark AnwylPhone: +44 (0)20 7469 0930Email: [email protected] Newgate (Financial Communications)Bob HuxfordIan SilveraAtif NawazPhone: +44 (0)20 3757 6882Email: [email protected] KR1 plcKR1 plc is a leading digital asset investment company supporting early-stage decentralised and open source blockchain projects. Founded in 2016 and publicly traded in London on the Aquis Growth Market (KR1:ASE), KR1 has one of the longest and most successful track records of investment in the digital assets space by investing in decentralised platforms and protocols that are emerging to form new financial and internet infrastructures.www.KR1.ioMarket Abuse Regulation (MAR) DisclosureThis announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation EU 596/2014 as it forms part of retained EU law (as defined in the European Union (Withdrawal) Act 2018).\n\n\n\n\n\n \n\n","l...