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The ones to watch are DOT 4m coins, ATOM 1.28m, DFN 191.7k, NXM 110.7k, RPL 320k... add the values up and you get to ~$33m / £25.5m in liquid coins/tokens (ok, except for DFN currently but only for a few more weeks). At the very peak on 1st September, these were worth $50m... I kid you not. Bear in mind, most of these assets are staked for yield.. a big yield... sometimes close to double digits. You just have to read all the RNS going back 3 years.
To these you need to add, Acala, Commonwealth Labs, Plasm, Vega, Air Network and many more private projects and tokens. Together, these add up to several more million (say $3-$5m). And there are several more projects that KR1 have yet to announce.
The KR1 share price is a joke. It is at least 100% upside..without any good will for the 1 or 2 projects that will undoubtedly become 20-50x winners. Fair value for me would be c. 25p today.
I have found an old list so maybe has changed.
For example I have Dot as 4,001,300 which is now valued at $17,325,629
Has anyone got a list of their holdings?
That would be useful
Polkadot alone is worth near $20 M
Net assets on the KR1 balance sheet were just a little over £8.082m
Assets per share sat at 6.18p per share
Key to add that KR1's more significant holdings have risen in the quarter to end Sept 20.
Hi Sausage
I think NAV was in the region of £12 M in June but we now have Polkadot + Nexus Mutual Rocket Pool etc have all moved up so NAV around £30M + now , So SP value around 20p, Dfinity coming on stream couple of months so staking revenue from across the board ,Factor in the Revenue and its way way undervalued , List of holdings in on there website under Investments, However not an accurate representation
Just read the interim results:
Net asset value per share of 6.18 pence.
This appears to be down from 8.20 pence per year from a year earlier. I assume this is due to the March Covid crypto crash.
Anyone got a list of the actual coin and token holdings please. I couldn't find all the details when i looked.
Statements today to announce just how much traction this outstanding fund is gaining
But today it unveils it’s governance system and token economics. This will mean the market knows for first time how it will allow a mathematical calculation of valuations, based on token supply and futures price.
The effect of this is that the company is now valued at a notional $9.5bn, and as such would make it a top five cryptocurrency.
https://t.co/r2VMA1J1Dc?amp=1
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The force with which Polkadot broke into the top five list of crypto assets, meant that investors' money took aim at this new protocol. Many Polkadot ecosystem projects are now gaining huge attention and enjoying oversubscribed funding rounds and fervent public token distribution events. KR1 saw the potential of Polkadot early and has been backing projects building on Polkadot from day one, long before Polkadot’s DOT token came to market. Subsequently, we have managed to secure a ‘seat at the table’ on many of the best Polkadot investment opportunities. For KR1, this means that the Company has a world class pipeline of investment projects, a solid reputation as one of the premier Polkadot ecosystem venture firms, and a very healthy core position in Polkadot’s DOT, a network we see as one of the few real challengers to Ethereum.
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Our reputation and brand within the digital asset ecosystem strengthen daily as we fund evermore important and respected projects. With so many of our investments from previous years now tradable and considerably more valuable, not only has our balance sheet grown, but it has also become far more liquid. This means that portfolio management becomes an ever more important aspect for KR1 as some positions become very valuable. Maximising returns, whether through staking yield bearing assets, realizing profits through sales, or by utilizing these assets as security collateral for new crypto networks in terms of ‘Lockdrops’ or ‘Stakedrops’, has become a new priority in our portfolio management.
For the Investor Base to Grow on the back of increased liquidity we have -
KR1 is a public stock on London’s AQSE Growth Market (KR1: AQSE), which was previously the NEX Exchange. Aquis Exchange plc recently acquired NEX Exchange with the intention of making improvements to the exchange infrastructure in regards to electronic trading, higher volumes, deeper liquidity and allowing for a more global investor base. We are looking forward to seeing how the new Aquis Exchange team implements their plans for improving the legacy NEX Exchange over the months to come.
From Todays Results RNS - https://t.co/5Ys6npVprn?amp=1