Kasei Holdings Plc Market Update
March 24 2022 - 3:00AM
UK Regulatory
TIDMKASH
24 March 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 further built out its core portfolio with the addition of
smaller cap alt coins forming low portfolio weightings along with a degree of
re-balancing. The core portfolio is currently comprised as follows:
Underlying Quantity Av price (USD) Cost (USD)
BTC 27.50 53,120.99 1,460,694.44
ETH 246.79 4,049.10 999,276.80
QNT 2,500.00 207.44 518,596.94
SOL 480.50 207.93 99,910.95
LINK 3,747.50 26.52 99,372.97
DAG 1,500,000.00 0.1628 244,271.99
AR 1,750.00 56.04 98,074.78
LUNA 1,000.00 44.73 44,733.00
AVAX 950.00 103.10 97,946.10
ZONE 742,187.50 0.0284 21,093.75
HBAR 150,000.00 0.2183 32,742.25
HNT 1,250.00 27.75 34,684.10
LTX 50,000.00 0.65 32,286.00
ALGO 4,000.00 1.00 4,000.00
FTT 150.00 40.89 6,133.50
CPOOL 100,000.00 0.2190 21,909.10
XDB 50,000.00 0.2575 12,875.00
WMT 25,000.00 0.706 17,650.00
TOTAL 3,846,316.67
Yield Generating strategies:
The company has now staked a proportion of core portfolio assets as follows:
Ethereum:
100 ETH staked in the ETH 2.0 staking program at a current yield of 5.5%.
Solana:
480.5 SOL staked at a current yield of 6.00%.
Constellation (DAG):
1,000,000 DAG staked in the Soft node staking program at a current 10.6% yield.
Luna:
1,000 LUNA staked at a current yield of 9.96%.
Avalanche:
950 AVAX staked at a current yield of 12.30%.
Helium Network:
1,250 HNT staked at a current yield of 5.12%.
Clearpool:
100,000 CPOOL staked at a current yield of 50%.
Staking rewards are paid in native tokens and as such yields are token based
and subject to change. The Company also intends to use its remaining BTC and
ETH in alternative yield generating strategies.
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
March 24, 2022 03:00 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