Member Info for RaeDae

Unaudited Net Asset Value Update

KR1 plc (KR1:ASE), a leading digital asset investment company, is pleased to announce its unaudited net asset value ("NAV") as at 31 October 2023.

Net Asset Value £99,575,999

Shares in issue 177,369,520

NAV per share 56.14p

GBP/USD rate (as at 31 October 2023) 1.2149

Income from digital assets (*) £395,437(*)

Top 10 assets/holdings

Asset GBP equivalent % of portfolio

Lido ("LDO") £18,881,476 18.96%

Polkadot ("DOT") £16,015,153 16.08%

Celestia ("TIA") £14,296,500 14.36%

Cosmos ("ATOM") £10,696,241 10.74%

Lido Staked ETH ("stETH") £7,819,374 7.85%

Zee Prime II £5,379,899 5.40%

Rocket Pool ("RPL") £3,856,000 3.87%

Nexus Mutual ("NXM") (**) £3,051,449 3.06%

Astar ("ASTR") £3,000,117 3.01%

Moonbeam ("GLMR") £2,553,692 2.56%

Up by 20milliom from last month. Check their website under investors and announcements. ATB

If you go to their investor page, you'll see its increase and breakdown of holdings, not bad

Seems to be some positive comments on blockchain and DEFI and connectivity. Imagine if they are now only coming of age to wider investors. That should increase our holding value, IMHO

Yes. This is an attempt to share info to increase share price but whether we hold, want to buy,sell or monitor, one must be aware. I think this may have legs due to so called experts. Dyor and atb

Bitcoin has broken $30,000 for the second time this year amid bullish sentiment in the market following a number of traditional finance (TradFi) players pushing further into crypto.

The cryptocurrency has gained more than 10% over the past 24 hours. The last time bitcoin reached above $30,000 was on April of 2023, according to TradingView data.

"It seems that the crypto market is going to be completely restructured in the country by the biggest investment firms in the near future," Ruslan Lienkha, chief of markets at Web3 crypto and fiat service provider YouHodler, wrote in an email to CoinDesk. "More investors will have access to crypto investments with much lower risks. Important to notice that a very small percentage of BlackRock or Fidelity clients interested in spot BTC ETFs are enough to move the price further north."

Maybe they should list on the US exchange launched by Charles Schwab and gang

Not many digital asset holders or companies out there. Maybe management may do so to gain greater visibility and onboard more institutional investors. Time will tell

Been holding for 2 years and at a loss and very very disappointed with the dilution and seemingly poor RNS and lack of update on CBR but happily wrong footed, how I wish this turns out to be an ASOS. Partnership would be helpful but it seems its for each person to determine entry level but its on the right track now, I thought CBR was a non starter, could turn out to be a blockbuster, patents granted shows the uniqueness, I remember BTG. We want to see it go up almost daily but its a healthy 2nway trade now. Congrats to those who held. This forum does influence some sitting on the fence, not all but for those talking it down just to buy on the cheap, don't know the need too but to each his own

Happy New Year all and in the words of Yazoo, the only was is up! Sorry, she was a singer eith I think 1 or 2 hits

I work in this sector. The DEFI smart contract and Web3 will not go away. Hiccups on upward trajectory happened and wild predictions on prices now or next summer etc are good projections for whoever wishes to highlight to readers on this forum to discourage buyers. I'm here to make profit not lose so if its 10p great but I'm hoping it goes up lots before it gets to 10p.

Good results. Sound acquisitions. Germany may prove an excellent choice, potential take over target and good yield, no, not asking you to buy, its why i bought and dyor

We chose to invest to have a return on investment and hope to preserve capital. These shares are double from its low, someone watching this video may chose to sell, another one will choose to buy and may money. Thank you for putting the information here but I'm sure the buys showing on this platform indicates some investors believe in the sustainability of digital assets, the blockchain industry which is unlikely to be derailed and the prudent management and deployment of resources which KR1 do but you may know more than I do IMHO

Good attempt to pick up shares on the cheap I'd say based on my experience but dyor

Interesting posts. Money is being made, sentiment is improving and the maturity of investors is obvious. When others are folding, the quality will be more focussed and this is hopefully going to make this stand out. I'm adopting that stance but dyor

Grayscale Digital Large Cap Fund has added Polkadot and Avalanche as part of the quarterly rebalancing.
AVAX, DOT and ATOM have joined Bitcoin, Ethereum and six other tokens in Grayscale's $480 million Digital Large Cap Fund.
Proponents believe DOT, AVAX and ATOM prices could rally in response to the rising institutional demand.

https://dailyhodl.com/2022/04/04/four-altcoins-built-on-polkadot-dot-explode-amid-rapid-ecosystem-developments/

Just when you thought they were going to be left behind in the NFT sector which is likely to gain momentum and evolve, they have decided to place a large chunk in here. So, now, we are not only exposed to staking, unrealised investments in BC technology but also NFT. Its not a direct investment as its into a fund and that ring fences the downside whlist providing upside growth I believe and yes, I suppose there will be a downside but its a fund, run by specialists since 2012 and fact that they are still around after 9 years is maybe a good sign, ATB

Hi all, I have not posted in a while purely because I am unsure the kind of readers this attracts apart from those who value their investment and are sitting on the fence on whether to buy in, hold or sell. IMHO, we need patience with this one purely because they are quite ahead of the game on their investments and its HODL until bought out by someone who can manage these better in terms of returning value to shareholders as and when there is surplus, as I believe a dividend would be nice as they should be investing in other potential gems, I agree but they should also recognise that what is the use of these reinvestments if they are not refleted or appreciated by the market. The SP price does not lie but as I said, these comments are my HO and it won't persuade anyone but just venting my own frustrations I guess and trying to reassure myself but the guys running it, no issue whatsoever with their vision, just wish they would look at returning some to SP. ATB LTH Not an expert but they are undervalued I think at these present levels

KR1 is also pleased to announce the Company’s participation in the recent
funding round, investing a further US$100,000 into Acala in exchange for
153,846.15 ACA tokens at a price of US$0.65 per token. This investment comes
in addition to KR1’s seed round participation, announced earlier this year.
Across both funding rounds, the Company now holds a total of 1,020,512.82 ACA,
which represent an interest of approximately 1.02% in the Acala Network.

Easy to say I told you so but I always felt Acala based in SG was a good investment and this proves it. Oh, we do have these in our portfolio, not sure quantity but How's this.
Decentralized finance protocol Acala announced Monday that they have raised 8.5 million DOT (worth $451.8 million at time of publication) from over 53,000 participants. The protocol is also set to win the first parachain auction on Polkadot.

The Daily Hodl
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Altcoins | On October 21, 2021
Cardano, Polkadot and Four Additional Altcoins Are Set To Explode in 2022, According to Crypto Trader Austin Arnold
By Daily Hodl Staff
Cardano, Polkadot and Four Additional Altcoins Are Set To Explode in 2022, According to Crypto Trader Austin Arnold
Crypto trader and Altcoin Daily host Austin Arnold thinks six major altcoins are gearing up for massive rallies in the next year.

In a recent crypto update, the YouTube star tells his 1,040,000 subscribers that Ethereum layer-2 (L2) scaling solution Polygon (MATIC) is gaining momentum after landing a partnership with the $20 billion gambling company DraftKings.


Arnold shares a statement from DraftKings’ president of global product and technology, Paul Liberman, explaining how the company is positioning itself to grow alongside Polygon.

“Although DraftKings marketplace is still in its nascency, we are bullish on the possibilities that blockchain, NFTs, cryptocurrency and more will present as we prepare for Web 3.0 alongside Polygon and the new innovations ahead for digital collectibles.”

Next, Arnold looks at the decentralized interoperability platform Polkadot (DOT). He points to a recent tweet from Polkadot founder Gavin Wood explaining that there are currently just under 19 million DOT tokens stored in the DOT treasury to fund community projects.

If any DOT goes unused, it gets burned. Currently, the Polkadot treasury is burning 239,988 tokens every month, according to Gavin Wood.

“Either burned or used, the DOT token is only getting more scarce. We have seen a rally in the DOT price recently. This could be linked to some exciting developments ahead, such as the upcoming parachain launch and slot auctions – these parachain auctions will take DOT off the market as well.

And with the first 11 parachain auctions coming to Polkadot next month, along with the 100 or so available slots to be filled, this could boost Polkadot’s presence in the crypto sector, and could cement the multichain system’s rising status.”

Strong support seen and I know this is not a platform for DOT but as our holdings have taken a very positive position on this, I'm sharing more of same. Bear in mind, no one understood much about DEFI when in started so now, the management can be vindicated for their belief and Web 3. Imagine DOT being the html as this article suggests, from marketplace not me.
Investors have to identify trends in order to capitalize. That’s as true for cryptos as it is for stocks. The next two cryptos on this list are hopping on one such trend: They are intermediaries in the ongoing evolution of Web 3.0.

There are many disparate projects across the DeFi and crypto landscape. All of them seek to decentralize and democratize data to some degree. That’s part of the overarching promise of Web 3.0 in general.

Once that decentralization and democratization occurs, another issue arises: How can these disparate data blockchains interact with one another?

That’s where Polkadot comes in. It allows interoperability of data and tokens across blockchains. Many crypto projects are attempting to carve out a dominant position as the standard bearer in this function. Polkadot is one of the leading names in that conversation. Its function has been likened to that of HTML for the internet.

As a result, Polkadot’s token should rise based on its role in fulfilling vital functions of Web 3.0.