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IN BRIEF: AQRU to become Supernova Digital Assets and focus on Solana

Thu, 11th Jan 2024 12:56

AQRU PLC - incubator of companies offering decentralised finance by means of blockchain technology - Plans to change name to Supernova Digital Assets PLC, saying this aligns with its aim to give investors public market exposure to the Solana digital asset ecosystem. "There are more than 2,500 active monthly developers on the SOL network now, and we believe that the scalability and throughput of the SOL network will lead to a significant [return on investment] for investors in the crypto ecosystem in the long term," explains Executive Director Michael Edwards. "We are eager to leverage our current momentum and our solid SOL token position to drive substantial, enduring growth in the future."

AQRU says it has an unaudited net asset value of GBP3.6 million, or 0.297 pence per share, as of Wednesday. This includes GBP2.2 million in crypto tokens. Of these, 27,118 are Solana tokens with a value of GBP2.0 million.

Edwards also is executive director of Cellular Goods PLC, which also on Thursday announces plans to change its name, to Cel AI PLC.

Current stock price: 0.10p

12-month change: down from 0.51p

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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