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Disseminated via PRN on 30 April 2025
Wednesday, 30 April 2025
KR1 plc
(“KR1” or the “Company”)
Financial Update (March ‘25)
KR1 plc (KR1:AQSE) is pleased to provide an unaudited update on its income from digital assets and its largest holdings as at 31 March 2025.
Income from Digital Assets
Aggregate income from staking activities: £483,421
The income was derived from the Company’s staking activities on a range of proof-of-stake networks for the relevant monthly period, as detailed in the table below.
| Asset
| Income |
| Polkadot ("DOT")
| £191,682 |
| Celestia (“TIA”)
| £161,783 |
| Cosmos ("ATOM")
| £98,009 |
| Lido Staked ETH ("stETH")
| £21,508 |
| Moonbeam ("GLMR")
| £5,850 |
| Kusama (“KSM“) | £4,588 |
Staking rewards are received in the form of native tokens in the respective decentralised network and income is measured at fair value on the date of receipt.
Largest Portfolio Holdings
| Asset
| Fair Value | % of Portfolio |
| Celestia ("TIA")
| £17,818,673 | 19.30% |
| Polkadot ("DOT")
| £16,640,811 | 18.01% |
| RedStone (“RED”)
| £10,021,454 | 10.85% |
| Lido ("LDO")
| £7,950,209 | 8.61% |
| Lido Staked ETH ("stETH")
| £7,772,575 | 8.42% |
| Cosmos ("ATOM")
| £6,996,264 | 7.58% |
| Zee Prime II
| £6,018,062 | 6.52% |
| Nexus Mutual ("NXM") (*)
| £ 3,513,964 | 3.81% |
| Interop Ventures
| £ 2,759,552 | 2.99% |
| Astar ("ASTR") | £ 1,541,580 | 1.67% |
Net Asset Value Update
The Company is also pleased to announce its unaudited net asset value as at 31 March 2025.
Net Asset Value: £92,329,779
Net Asset Value per Share: 52.16p
GBP/USD Rate: 1.2919
Disclaimer
Please note that this update is based on available information at the time of announcement, all figures provided herein are unaudited and are solely intended to offer shareholders a timely update of the Company's financial position.
(*) For the purposes of asset valuation, the fair value of NXM is established according to the price of Wrapped NXM ("wNXM").
Contact
For further information, please contact:
KR1 plc
George McDonaugh
Keld van Schreven
Phone: +44 (0)1624 630 630
Email: [email protected]
Peterhouse Capital Limited (Aquis Corporate Adviser)
Mark Anwyl
Phone: +44 (0)20 7469 0930
Email: [email protected]
SEC Newgate (Financial Communications)
Bob Huxford
Ian Silvera
Atif Nawaz
Phone: +44 (0)20 3757 6882
Email: [email protected]
About KR1 plc
KR1 plc is a leading publicly listed digital asset company focused on decentralised technologies. Started in March 2016, and publicly listed on London’s Aquis Exchange, KR1 plc has been a pioneer in digital assets and proof-of-stake networks.
Market Abuse Regulation (MAR) Disclosure
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation EU 596/2014 as it forms part of retained EU law (as defined in the European Union (Withdrawal) Act 2018).
