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Advanced Blockchain AG: Update on Our Token Investments

·2-min read

DGAP-News: Advanced Blockchain AG / Key word(s): Cryptocurrency / Blockchain/Investment
18.09.2020 / 08:55
The issuer is solely responsible for the content of this announcement.

 
Advanced Blockchain AG (ISIN DE000A0M93V6) is pleased to report the latest positive developments with regards to its token investments. As detailed in our news release from  27.05.2020, Advanced Blockchain AG's token investments, in particular the Polkadot project (www.polkadot.network) and Energy Web Token (EWT; www.energyweb.org) have positively developed. We continue to expect a positive development. Both of the aforementioned tokens can now be traded on several crypto exchanges with high liquidity. For example, the daily trading volume of the Polkadot token is over one billion US dollars.  

Overall, our token investments - in addition to Polkadot and EWT, also COTI (www.coti.io) - achieved a largely unrealized seven-figure profit. The portfolio of investments will continue to be managed and maintained by Advanced Blockchain AG.  

We also received Kusama tokens free of charge from our Polkadot investment.  

Furthermore, we receive so-called staking rewards (comparable to dividends) on our Polkadot tokens, from which - as of today - we expect a 6-figure profit annually.  
 

Further information about Advanced Blockchain AG is available on its website, www.advancedblockchain.com.


18.09.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Advanced Blockchain AG

Chausseestraße 86

10115 Berlin

Germany

Phone:

030403669510

Fax:

030403669511

E-mail:

info@advancedblockchain.com

Internet:

www.advancedblockchain.com

ISIN:

DE000A0M93V6

WKN:

A0M93V

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Munich, Stuttgart

EQS News ID:

1133337


 

End of News

DGAP News Service

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