Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. BOERSE DUESSELDORF
  5. Advanced Blockchain AG
  6. News
  7. Summary
    BWQ   DE000A0M93V6

ADVANCED BLOCKCHAIN AG

(BWQ)
SummaryChartsNewsCompany 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE : Advanced Blockchain AG has Partnered with SOSV to Incubate Compelling Early-Stage Startups

04/13/2021 | 02:56am EDT
DGAP-News: Advanced Blockchain AG / Key word(s): Cryptocurrency / Blockchain/Expansion 
Advanced Blockchain AG has Partnered with SOSV to Incubate Compelling Early-Stage Startups 
2021-04-13 / 08:55 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Advanced Blockchain AG (Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6) has partnered with SOSV. Under 
this partnership, SOSV's accelerator program, dlab, and Advanced Blockchain are incubating novel startups for 
blockchain-based innovations. This program will accelerate projects from the early, ideation stage into functional and 
successful companies. 
SOSV (https://sosv.com/) is a global venture capital firm investing into new and impactful projects at various stages. 
SOSV invests through its group of vertical accelerator programs. At year-end 2020, SOSV had over 1,000 portfolio 
companies and over USD800 million in assets under management (AUM). 
SOSV's accelerator programs span a variety of industries, with dlab (https://dlab.vc/) being dedicated to projects 
accelerating decentralization. dlab provides venture capital and other resources to its startups. dlab has developed a 
multitude of impactful ventures in the blockchain industry, such as API3, a German company that connects 
blockchain-based smart contracts to real-world data. Other notable investments include Credmark (decentralized risk 
modelling), Quidli (crypto micro-incentives for remote teams), and Crayonic (bank grade hardware security for 
authentication, digital assets, and e-signatures). 
Previously, dlab offered fellowship programs for individual inventors. Now, Advanced Blockchain and dlab are building a 
new partnership incubating projects from the ground up. This new program will see its talent sourced by dlab, while 
Advanced Blockchain will provide its developmental assistance, strategic advice, and smart contract auditing and 
development. As a result, this collaboration will allow the most creative newcomers to the blockchain space to fully 
realize their ideas. 
By getting in on the ground floor, Advanced Blockchain will access a right of first investment, and potentially 
additional incentives. Furthermore, the organization's auditing firm, Stela Labs, will be contracted to audit these 
companies, providing a significant revenue stream. 
To kick off this process, Advanced Blockchain AG and SOSV will be incubating 6 projects over the course of 6 months. 
The ultimate goal is to invest in strong ideas and build them into impactful projects in Web 3.0. dlab and Advanced 
Blockchain look forward to announcing more updates on the progress of their new incubation project, as they promote a 
future that embraces decentralized technology. 
Additional information on Advanced Blockchain AG and its various projects and investments can be found at 
www.advancedblockchain.com. 
ABOUT SOSV 
SOSV is a venture capital firm with over USD800M AUM operating global accelerator programs: HAX (Shenzhen/San Francisco) 
for hardware, IndieBio (San Francisco/NYC) for life sciences, Chinaccelerator (Shanghai) and MOX (Taipei) for 
cross-border internet, and dlab (NYC) for blockchain technology. SOSV invests in over 150 companies per year and its 
two-decade track record puts it in the top 10% of VC funds in the world. 
 
=---------------------------------------------------------------------------------------------------------------------- 
2021-04-13 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 
              Scharnhorststraße 24 
              10115 Berlin 
              Germany 
Phone:        +4930403669510 
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, Tradegate 
              Exchange 
EQS News ID:  1183832 
 
End of News   DGAP News Service 
=------------ 

1183832 2021-04-13

(END) Dow Jones Newswires

April 13, 2021 02:55 ET (06:55 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
ADVANCED BLOCKCHAIN AG -1.52% 16.25 End-of-day quote.80.56%
DJ INDUSTRIAL -1.36% 34269.16 Delayed Quote.13.63%
All news about ADVANCED BLOCKCHAIN AG
05/06ADVANCED BLOCKCHAIN AG : Portfolio Company peaq Becomes First Blockchain Company..
PU
05/06PRESS RELEASEá : Advanced Blockchain AG: Portfolio company peaq becomes first bl..
DJ
05/06ADVANCED BLOCKCHAIN AG : Portfolio company peaq becomes first blockchain company..
EQ
05/04PRESS RELEASEá : Advanced Blockchain AG and its Portfolio Companies Stela Labs a..
DJ
05/04ADVANCED BLOCKCHAINá : and its Portfolio Companies Stela Labs and nakamo.to Coll..
EQ
04/13PRESS RELEASEá : Advanced Blockchain AG has Partnered with SOSV to Incubate Comp..
DJ
04/13ADVANCED BLOCKCHAINá : has Partnered with SOSV to Incubate Compelling Early-Stag..
EQ
04/07PRESS RELEASE : Advanced Blockchain AG: Appointment of Simon Telian as additiona..
DJ
04/07ADVANCED BLOCKCHAIN AG : Appointment of Simon Telian as additional member of the..
EQ
More news
Chart ADVANCED BLOCKCHAIN AG
Duration : Period :
Advanced Blockchain AG Technical Analysis Chart | MarketScreener
Full-screen chart
Managers and Directors
NameTitle
Michael Geike Chief Executive Officer
Martin Rubensd÷rffer Chairman-Supervisory Board
Michael Ganser Member-Supervisory Board
Marek Kotewicz Deputy Chairman-Supervisory Board
Olav Sorenson Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
ADVANCED BLOCKCHAIN AG80.56%37
ACCENTURE PLC10.24%184 725
TATA CONSULTANCY SERVICES LTD.9.88%158 514
INTERNATIONAL BUSINESS MACHINES CORPORATION16.12%130 606
AUTOMATIC DATA PROCESSING, INC.10.33%82 721
INFOSYS LIMITED6.67%77 473