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DGAP-News: tokentus investment AG / Keyword(s): Investment
05.04.2022 / 07:30
The issuer is solely responsible for the content of this announcement.

tokentus investment AG invests an additional $1 million in crypto pioneer Celsius Network

Celsius successfully completed, to our knowledge, one of the largest capital raises in crypto history with its Series B seed round, which was raised to $750 million.

– tokentus now also participates in Celsius Series B investor round with $1m after initial investment in 2020

– Celsius is, by its own estimation, a leading cryptocurrency platform offering a suite of products to over 1.5 million customers

Frankfurt am Main, April 5, 2022 – Tokentus Investment AG (“Tokentus”, ISIN: DE000A3CN9R8; WKN: A3CN9R; Symbol: 14D), based in Frankfurt, is investing an additional $1 million in US-based Celsius Network (“Celsius”). Founded in 2017, Celsius claims to be one of the world’s leading providers of financial services for cryptocurrencies, enabling, lending and borrowing services in the digital asset space. This comes after tokentus’ initial investment in Celsius of $350,000 in December 2020. Celsius’ current funding round was originally $400 million and was increased to $750 million due to oversubscription, which should, as far as anyone knows, make this one of the biggest funding rounds in the crypto industry to date. Celsius intends to use the funds raised to drive its expansion into new markets and product offerings, including building the recently announced “CelsiusX” bridge project between centralized finance (CeFi) and decentralized finance ( Challenge).

Celsius offers a suite of products on its platform to its users, including retail, enterprise, and institutional customers. Retail and institutional clients can generate cryptocurrency rewards, paid weekly, by transferring their coins to Celsius. Additionally, retail borrowers can take out fiat and stablecoin loans backed by cryptocurrencies. Celsius also offers Swap, a simple and free way to move between crypto assets, and CelPay, a peer-to-peer online payment system for cryptocurrencies that allows easy crypto transfer between Celsius users.

“We are very pleased to be able to further expand our stake in Celsius. With Celsius, we have a true unicorn in our portfolio. Celsius was valued at approximately $3.5 billion in the current funding round. Since entering in 2020 at a valuation in the low three-digit millions, this is already a nice multiple in two years. This development shows the potential of our investment approach as a VC blockchain”, says Oliver Michel, CEO of tokentus investment AG. “And in our view, Celsius’ success story has only just begun,” adds Benedikt Schulz, Head of Responsible Investment at tokentus.

About Tokentus Investment AG
tokentus investment AG (ISIN: DE000A3CN9R8, WKN: A3CN9R; Ticker: 14D) is an investment company that focuses on the blockchain market. The shares of tokentus investment AG are listed on the m:access trading segment (unofficial market) of the Munich Stock Exchange and traded on XETRA and other German stock exchanges.

With the help of a constantly growing network of co-investors, tokentus acquires international financial investments and shares of companies whose business model is directly linked to blockchain technology. Thus, shareholders of tokentus investment AG can invest indirectly in a diversified international portfolio in the blockchain pioneer market. tokentus investment AG sees itself as an investment pool and central access point for investors in the blockchain market. As a German public holding company, tokentus is committed to transparency and regular communication with its investors. Currently, the company holds financial holdings and investments (stocks and tokens) in ten blockchain companies and a blockchain-focused venture capital fund.

For more information, see: www.tokentus.com

Warning
This publication does not constitute an offer to sell or a solicitation to buy securities. Registered shares of no par value of tokentus investment AG (the “Shares”) may not be offered or sold outside the Federal Republic of Germany, in particular in the United States or at or for the account or benefit of “US persons” (as defined in Regulation S of the US Securities Act of 1933, as amended (the “Securities Act”)). The titles have already been sold.

Contact for questions
Olivier Michel
CEO of Tokentus Investment AG
Phone : +49 175 7222 351
[email protected]
www.tokentus.com

05.04.2022 Broadcast of a Corporate News, transmitted by the DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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