EQS-News
Advanced Blockchain AG: Valuation of top 15 portfolio holdings reaches USD 56 million
- Advanced Blockchain AG's top 15 holdings valued at $56M.
- Portfolio value nearly doubled since early 2024.
- Peaq leads holdings; crypto market shows strong growth.
EQS-News: Advanced Blockchain AG / Key word(s): Cryptocurrency / Blockchain Advanced Blockchain AG: Valuation of top 15 portfolio holdings reaches USD 56 million |
Berlin, 31 March 2025 – Advanced Blockchain AG ("ABAG", Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator and investor in the blockchain industry, announces an update on the valuation of the top 15 portfolio holdings of its subsidiary, Incredulous Labs Ltd. As of December 31, 2024. the cumulative value of the top 15 assets amounted to around USD 56 million.
In an effort to increase transparency, Advanced Blockchain’s management board adopted a new approach in valuing the top 15 assets. This entails providing the precise number of tokens already trading in the market while conducting the external valuation by AVS-Valuation GmbH to assess the remaining equity positions and tokens yet to be launched.
Hatem Elsayed, COO of Advanced Blockchain AG, comments: “Our portfolio value has nearly doubled compared to the previous valuation in the first half of 2024, highlighting the underlying value of our holdings. It is crucial to emphasize that portfolio diversification and securing our planned liquidity reserve remain top priorities for our team in 2025 and 2026.”
Overall, peaq accounted for the highest value among the portfolio of Advanced Blockchain, while Polymer, Panoptic, and Light Protocol were each valued at over USD 1 million.
Traded tokens include market values as of 31 December, 2024:
- Peaq/Krest: 88,073,050 PEAQ and 2,450,406 KREST tokens with a combined value of $45,125,540.
- Contango: 18,055,556 TANGO tokens with a value of $951,347.
- Neon EVM: 1,000,000 NEON tokens with a value of $363,500.
- Pendulum: 8,754,083 PEN tokens with a value of $243,188.
- Myso Finance: 1,136,360 MYT tokens with a value of $227,158.
- Celestia: 25,000 TIA tokens* with a value of $118,950.
Equity positions and tokens yet to be launched include estimated market values as of 31 December, 2024: