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.

Moritz  Schildt,  Managing  Director  of  coinIX  Capital  GmbH,   shared his  insights  on  the transaction: "Electronic securities represent a paradigm shift in asset ownership, offering streamlined processes like instant transfers. Through this pilot project, we aim to demonstrate the technical feasibility while aiding investors  in  navigating  this  innovative  investment  landscape."  Claus  Tumbrägel,  board  member of coinIX  COINVEST  Investmentaktiengesellschaft  mvK, added:  "While  investors  can currently  store their new investment shares in their wallets, facilitating their transfer to bank deposits in Germany remains a priority – we are actively seeking a banking partner." Daniel Wernicke, Co-CEO of NYALA Digital Asset AG, expressed enthusiasm for  the inaugural tokenization of an AIF through shares: "Investment shares like the ones we tokenized or coinIX will be a main driver of tokenized security adoption."

AboutcoinIXCapital  GmbH:

Since  2017,  coinIX  Capital  GmbH,  headquartered in Hamburg, has been at the forefront of  analyzing blockchain projects  and cryptocurrencies,  facilitating  investments  in this  dynamic  sector. Comprising specialists   with  extensive   experience   in   asset  management, venture  capital,   and  cutting-edge technology  analysis,  the coinIX team manages a portfolio  boasting  over 20  investments  in blockchain startups alongside crypto assets. Shares of coinIX GmbH  & Co.  KGaA are listed on  the free market of the Düsseldorf Stock Exchange and are also traded on the Berlin and Munich stock exchanges. Further information  about coinIX  GmbH  &  Co.  KGaA  can be found at www.coinix.capital.  Additionally,  coinIX Capital GmbH  is entrusted with managing coinIX COINVEST SCI1, overseeing its liquid crypto assets.

AboutcoinIXCOINVESTSCI1:

Launched in June 2022, coinIX COINVEST SCI1 is an open domestic special AIF under the KAGB. As a sub-portfolio  of  coinIX  COINVEST  Investment  Stock Corporation  with  variable  capital,  its  assets are managed by  coinIX  Capital  GmbH,  acting  as a registered  capital  management company. Available  for subscription by  professional or  semi-professional investors, the fund has the flexibility to invest up  to

100% of its capital in crypto assets, aiming for  a diversified portfolio of digital assets actively managed through ongoing selection  processes. Additional  income  streams are generated through staking  and other blockchain-native mechanisms. With the ISIN DE000A408Q55, subscriptions to the fund are only available  directly  through the investment  company, with  private  investor  acquisition  prohibited.  More information can be found at  https://coinvest.coinix.capital/sci1 .

AboutNYALADigitalAssetAG

NYALA serves as a provider  for   institutional  investors  and financial  service  providers,  offering  a technical and regulatory infrastructure for the issuance, management, custody, security, and registry of digital (tokenized) securities and asset investments. Visit www.nyala.de for more details.

AbouttokenforgeGmbH

tokenforge, based in Berlin,  offers a comprehensive  software toolkit  for  asset tokenization  (Digital  & Real World Assets), enabling compliant, fully digital tokenization without the need for coding. As an API- first   provider   and  manufacturer  of   infrastructure   for   the  distribution   and  management  of   digital securities or assets, tokenforge guides companies through the entire tokenization process, integrating suitable service providers or existing processes and software environments seamlessly.

 

ContactInvestorRelations/Sender

Moritz Schildt, Geschäftsführer der coinIX Capital GmbH, Telefon: +49 40 40 11 555 0

E-mail: ms@coinix.capital



18.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: coinIX GmbH & Co. KGaA
Ludwig-Erhard-Str. 1
20459 Hamburg
Germany
Phone: +49-40-4011555-0
E-mail: mail@coinix.capital
Internet:https://coinix.capital/
ISIN: DE000A2LQ1G5
WKN: A2LQ1G
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich
EQS News ID: 1883555

 
End of News EQS News Service

1883555  18.04.2024 CET/CEST

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