tokentus investment AG: Good news from Nayms; adjusting PT for crypto prices
Yesterday, tokentus announced that Nayms, one of tokentus’ portfolio companies, has become the world's first crypto insurance marketplace to receive full regulation in Bermuda.
The full update is avaible on:
What's it all about ?
Yesterday, tokentus announced that Nayms, one of tokentus’ portfolio companies, has become the world's first crypto insurance marketplace to receive full regulation in Bermuda. This comes after two years of sandbox testing in a regulatory controlled environment. The license enables the insurance partners of Nayms to conduct regulated insurance business on the blockchain. The operational developments at Nayms show that some blockchain business models should be largely unaffected by the short-term distortions of the market. We update the NAV of tokentus to reflect the recent decline in the price of the Qredo token and come to a new fair value of EUR 4.43 (old: EUR 6.40). We reiterate to BUY.
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