Wednesday, 30 April 2025

 

KR1 plc

 

(“KR1” or the “Company”)

 

Financial Update (March ‘25)

 

KR1 plc (KR1:AQSE) is pleased to provide an unaudited update on its income from digital assets and its largest holdings as at 31 March 2025.

 

Income from Digital Assets

 

Aggregate income from staking activities: £483,421

 

The income was derived from the Company’s staking activities on a range of proof-of-stake networks for the relevant monthly period, as detailed in the table below.

 

Asset                     Income

Polkadot ("DOT")          £191,682

Celestia (“TIA”)          £161,783

Cosmos ("ATOM")           £98,009

Lido Staked ETH ("stETH") £21,508

Moonbeam ("GLMR")         £5,850

Kusama (“KSM“)            £4,588

 

Staking rewards are received in the form of native tokens in the respective decentralised network and income is measured at fair value on the date of receipt.

 

Largest Portfolio Holdings

 

Asset                     Fair Value  % of Portfolio

Celestia ("TIA")          £17,818,673 19.30%

Polkadot ("DOT")          £16,640,811 18.01%

RedStone (“RED”)          £10,021,454 10.85%

Lido ("LDO")              £7,950,209  8.61%

Lido Staked ETH ("stETH") £7,772,575  8.42%

Cosmos ("ATOM")           £6,996,264  7.58%

Zee Prime II              £6,018,062  6.52%

Nexus Mutual ("NXM") (*)  £ 3,513,964 3.81%

Interop Ventures          £ 2,759,552 2.99%

Astar ("ASTR")            £ 1,541,580 1.67%

 

     

Net Asset Value Update

 

The Company is also pleased to announce its unaudited net asset value as at 31 March 2025.

 

Net Asset Value : £92,329,779

 

Net Asset Value per Share : 52.16p

 

GBP/USD Rate : 1.2919

 

Disclaimer

Please note that this update is based on available information at the time of announcement, all figures provided herein are unaudited and are solely intended to offer shareholders a timely update of the Company's financial position.

 

(*) For the purposes of asset valuation, the fair value of NXM is established according to the price of Wrapped NXM ("wNXM").

 

Contact

For further information, please contact:

 

KR1 plc
George McDonaugh
Keld van Schreven

Phone: +44 (0)1624 630 630

Email: investors@kr1.10

 

Peterhouse Capital Limited (Aquis Corporate Adviser)
Mark Anwyl

Phone: +44 (0)20 7469 0930

Email: info@peterhousecap.com

SEC Newgate (Financial Communications)

Bob Huxford
Ian Silvera
Atif Nawaz

Phone: +44 (0)20 3757 6882

Email: KR1@secnewgate.co.uk

 

About KR1 plc

KR1 plc is a leading publicly listed digital asset company focused on decentralised technologies. Started in March 2016, and publicly listed on London’s Aquis Exchange, KR1 plc has been a pioneer in digital assets and proof-of-stake networks.

 

www.KR1.io

 

Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation EU 596/2014 as it forms part of retained EU law (as defined in the European Union (Withdrawal) Act 2018).