DGAP-News: Cryptology Asset Group PLC / Key word(s): Investment/Cryptocurrency / Blockchain Cryptology Asset Group PLC: 2021-06-24 / 09:24 The issuer is solely responsible for the content of this announcement. =---------------------------------------------------------------------------------------------------------------------- PRESS RELEASE FOR RELEASE AT 9 AM CEST Cryptology Asset Group p.l.c. ("Cryptology") Malta, 24.06.2021 Cryptology Asset Group Purchases Additional Block.one Shares in the amount of USD49 million Block.one, one of the world's largest Bitcoin holders, recently unveiled their new cryptocurrency exchange launching in 2021, Bullish Malta, 24.06.2021. Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP:GR), a leading European investment company for blockchain- and crypto-related businesses, founded by Christian Angermayer and Mike Novogratz, announced it has purchased an additional USD49 million worth of Block.one shares in a private transaction. Block.one and many prominent investors recently unveiled a new subsidiary, Bullish Global, which raised USD10B in funding. Bullish Global is focused on the 2021 planned release of Bullish, a new blockchain-based cryptocurrency exchange. Investors in Bullish Global additional to Block.One include Peter Thiel, Alan Howard, Louis Bacon, Richard Li, Mike Novogratz, Christian Angermayer, and Nomura. By purchasing additional Block.one shares, Cryptology increases its indirect exposure to Bullish. Cryptology already is one of the largest institutional investors in Block.one, now holding approx. 4.9% of the crypto behemoth. As Block.one is a privately held company, one of the only means for public market investors to gain exposure to it is indirectly through holding the publicly traded shares of Cryptology. Cryptology founding investor, Christian Angermayer, said "Block.one is one of the most powerful, driving forces of the crypto revolution and its CEO, Brendan Blumer, is one of crypto's leading visionaries. The caliber of investors Brendan has been able to bring together for Bullish Global is astounding and a testament to his gravitas. I am Bullish on the future of Block.one." Cryptology CEO, Patrick Lowry, added "Conviction is a superpower for investors and we at Cryptology are elated to be tripling down on Brendan's vision for Block.one with this most recent investment. I look forward to the launch of Bullish and the continued drive towards mainstream and institutional adoption of crypto assets." Cryptology shares currently trade on several German exchanges including Börse Düsseldorf, Gettex and Tradegate. In order to increase trading liquidity and open up to new shareholder groups, Cryptology is currently exploring an international listing. The ticker symbol for Cryptology was recently changed from 4UD to CAP. About Cryptology Asset Group p.l.c. Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP:GR) is a leading European investment company for crypto assets and blockchain-related business models. Founded by Christian Angermayer's family office, Apeiron Investment Group, and crypto-legend Mike Novogratz, Cryptology is the largest publicly traded holding company for blockchain- and crypto-based business models in Europe. Noteworthy portfolio companies include crypto-giant and EOSIO software publisher Block.one, leading HPC provider Northern Data, commission-free online neobroker nextmarkets, and crypto asset management group Iconic Funds. Media Contact: Cryptology Asset Group p.l.c. Jefim Gewiet (COO) 66/67, Beatrice, Amery Street, Sliema SLM 1707 Malta E-mail: info@cryptology-ag.com About Block.one: Block.one is the creator of EOSIO, a leading open-sourced blockchain software that provides digital creators with the tools to build the high performance blockchain infrastructure of tomorrow. Block.one aims to empower creators and communities through strategic capital allocation and pioneers its own business ventures leveraging EOSIO technology to increase market efficiency, transparency, and participant alignment. Media contact: block.one media@block.ome =---------------------------------------------------------------------------------------------------------------------- 2021-06-24 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: Cryptology Asset Group PLC Beatrice 66 & 67, Amery Street SLM 1707 Sliema Malta E-mail: info@cryptology-ag.com Internet: cryptology-ag.com ISIN: MT0001770107 WKN: A2JDEW Listed: Regulated Unofficial Market in Dusseldorf EQS News ID: 1211631 End of News DGAP News Service =------------
1211631 2021-06-24
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(END) Dow Jones Newswires
June 24, 2021 03:24 ET (07:24 GMT)