RE: KR1 tracking crypto.market cap30 May 2025 08:32
KR1 plc (KR1:AQSE) is pleased to provide an unaudited update on its income from digital assets and its largest holdings as at 30 April 2025.
Income from Digital Assets
Aggregate income from staking activities: £394,091
The income was derived from the Company’s staking activities on a range of proof-of-stake networks for the relevant monthly period, as detailed in the table below.
Asset Income
Polkadot ("DOT") £159,298
Celestia ("TIA") £115,996
Cosmos ("ATOM") £91,814
Lido Staked ETH ("stETH") £17,445
Kusama ("KSM") £4,940
Moonbeam ("GLMR") £4,598
Staking rewards are received in the form of native tokens in the respective decentralised network and income is measured at fair value on the date of receipt.
Largest Holdings
Asset Fair Value % of Portfolio
Polkadot ("DOT") £16,485,112 19.49%
Celestia ("TIA") £15,117,758 17.87%
RedStone ("RED") £7,782,883 9.20%
Lido Staked ETH ("stETH") £7,425,073 8.78%
Lido ("LDO") £7,322,816 8.66%
Cosmos ("ATOM") £6,765,771 8.00%
Zee Prime II (*) £6,128,694 7.25%
Nexus Mutual ("NXM") (**) £3,310,437 3.91%
Interop Ventures £1,614,910 1.91%
HydraDX ("HDX") £1,544,047 1.83%
Net Asset Value Update
The Company is also pleased to announce its unaudited net asset value as at 30 April 2025.
Net Asset Value: £84,590,852
Net Asset Value per Share: 47.79p
GBP/USD Rate: 1.3321
Notes
(*) During the month of May, the Company received US$1,400,000 from Sigil PCC Limited corresponding to a partial redemption of 1,200.388 Participation C Shares in Zee Prime II. The Zee Prime II position detailed above represents the fair value prior to the partial redemption as at 30 April 2025. The adjusted fair value of Zee Prime II, following the partial redemption and based on the remaining holding of approximately 5,800 Participation C Shares in the Zee Prime II cell of Sigil PCC Limited, will be reflected in the Company’s unaudited financial update for the month ending 31 May 2025.