EQS-News

coinIX COINVEST SCI1 issues new shares of crypto investment fund as electronic securities | Collaboration with NYALA Digital Asset AG and tokenforge GmbH | Crypto register on POLYGON PoS Netzwerk

EQS-News: coinIX GmbH & Co. KGaA / Key word(s): Product Launch coinIX COINVEST SCI1 issues new shares of crypto investment fund as electronic securities | Collaboration with NYALA Digital Asset AG and tokenforge GmbH | Crypto register on POLYGON PoS Netzwerk 18.04.2024 / 09:34 CET/CEST The issuer is solely responsible for the content of this announcement. Hamburg, 18.04.2024 - Investment firm coinIX, specializing in crypto asset and blockchain investments, is pioneering a new initiative in collaboration with NYALA Digital Asset AG and tokenforge GmbH  on the Polygon Proof-of-Stake (PoS) Network.

Following  the transfer of  its  liquid  crypto assets to a specialized  fund to facilitate  co-investments  by external stakeholders,  the company has now  issued  its  new fund shares  – designed  as investment shares of  an investment stock corporation  – as electronic  securities.  These investment  shares are no longer  documented in  physical certificates;  instead,  they are electronically  registered  with  a crypto registry operator, enabling direct allocation to an investor's wallet.

The issuance of electronic securities and the provision of security tokens were orchestrated in collaboration with NYALA Digital Assets AG, Berlin, with their subsidiary Smart Registry GmbH  acting as the  crypto  registry   operator. Tokenforge  GmbH   from   Berlin   handles   the  digital   subscription   of investment shares, ensuring a compliant subscription process and seamless integration of all regulated institutions. The crypto securities registry and wallets are maintained on the Polygon PoS  Network.

The coinIX COINVEST SCI1 fund is empowered to allocate up  to 100%  of its assets into crypto assets, managing  an actively  curated and diversified  portfolio.  Opportunities  for  generating  ongoing  income, such as through staking crypto assets, will also be explored. Notably, investment shares are restricted to professional or semi-professional investors, with a minimum investment threshold of EUR 50,000 for professionals.