Kasei Holdings Plc Market Update
January 17 2022 - 2:00AM
UK Regulatory
TIDMKASH
17 January 2022
KASEI HOLDINGS PLC
("Kasei" or the "Company")
Market Update
Kasei Holdings PLC (AQSE: KASH) is pleased to announce the following updates
with respect to the Company's investment strategy.
Core Portfolio
The Company has deployed funds with respect to its core portfolio and has built
up the following positions:
Underlying Quantity Av price (USD) Cost (USD)
BTC 27.50 53,257.03 1,464,568.44
ETH 244.00 4,096.11 999,451.52
QNT 2,500.00 207.44 518,596.94
SOL 475.00 210.34 99,910.95
LINK 3,750.00 26.5 99,372.97
DAG 1,000,000.00 0.1738 173,790.13
AR 1,750.00 56.04 98,074.78
LUNA 1,600.00 60.70 97,123.00
AVAX 950.00 103.10 97,946.10
TOTAL (USD) 3,648,834.83
Core portfolio assets will be rebalanced subject to performance and in line
with in-house research.
The Company intends to use these core portfolio assets in order to generate
yield in line with the investment strategy.
Seed Stage Investment
The Company is also pleased to announce its first seed stage investment of USD
25,000 for 781,250 ZONE tokens.
ZONE is the first Game-fi ecosystem on the Algorand blockchain providing play
to earn functionality. The investment will also enable the Company to further
diversify its portfolio in the fast growing Algorand ecosystem.
The directors of Kasei accept responsibility for this announcement.
For further information please contact:
Jai Patel info@kaseiholdings.com
Chief Investment Officer
First Sentinel
Corporate Adviser +44 7876 888 011
Brian Stockbridge brian@first-sentinel.com
Gabrielle Cordeiro gabrielle@first-sentinel.com
About Kasei:
The Company is a technology specialist investor that focuses on
cryptocurrencies and blockchain technologies.
The Company's goal is to provide investors with broad based exposure to the
fast-growing ecosystem of digital assets, managed using traditional financial
portfolio construction techniques. The Company also intends to invest in
venture capital and private equity investments in the blockchain ecosystem.
The Company will leverage the Board's expertise, experience, and networks in
the cryptocurrency sector and management of digital assets and decentralised
finance, to drive value creation and to establish the business. The Board has a
proven capability in portfolio management to achieve significant growth.
The Company's website is located at https://kaseiholdings.com
Forward Looking Statements
This news release may contain "forward-looking" statements and information
relating to the Company. These statements are based on the beliefs of Company
management, as well as assumptions made by and information currently available
to Company management. The Company does not undertake to update forward-looking
statements or forward-looking information, except as required by law.
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory
Information Service, this inside information is now considered to be in the
public domain.
END
(END) Dow Jones Newswires
January 17, 2022 02:00 ET (07:00 GMT)
Kasei (AQSE:KASH)
Historical Stock Chart
From Jul 2024 to Aug 2024
Kasei (AQSE:KASH)
Historical Stock Chart
From Aug 2023 to Aug 2024