KR1 Plc - Financial Update (May '25)

Monday, 30 June 2025

 

KR1 plc

 

(“KR1” or the “Company”)

 

Financial Update (May ‘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 May 2025.

 

Income from Digital Assets

 

Aggregate income from staking activities: £458,838

 

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")  £190,059

 

Cosmos ("ATOM")  £118,909

Celestia (“TIA”)  £112,965

 

Lido Staked ETH ("stETH")  £23,788

 

Kusama (“KSM“) £7,128

Moonbeam ("GLMR")  £5,989
 

 

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

 

Polkadot ("DOT") £ 16,541,222 19.68%

Celestia ("TIA") £ 12,282,224 14.61%

Staked ETH ("stETH") £ 10,390,792 12.36%

Lido ("LDO") £ 7,262,645 8.64%

 

Cosmos ("ATOM") £ 6,880,481 8.19%

RedStone (“RED”) £ 6,802,343 8.09%

 

Zee Prime II (*) £ 5,025,214 5.98%

 

Nexus Mutual ("NXM") (**) £ 4,717,677 5.61%

 

Interop Ventures £1,598,206 1.90%

 

HydraDX ("HDX") £ 1,328,027 1.58%

 

Net Asset Value Update

 

The Company is also pleased to announce its unaudited net asset value as at 31 May 2025.

 

Net Asset Value: £84,057,444

 

Net Asset Value per Share: 47.49p

 

GBP/USD Rate: 1.3460

 

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.

 

(*) During the month of May, the Company received US$1,400,000 from Sigil PCC Limited corresponding to a partial redemption of 1,200.388 Participation C Shares in Zee Prime II. The Zee Prime II position detailed above represents the fair value as at 31 May 2025, following the partial redemption and based on the remaining holding of approximately 5,800 Participation C Shares in the Zee Prime II cell of Sigil PCC Limited.

 

(**) 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: investors@KR1.io

 

Peterhouse Capital Limited (Aquis Corporate Adviser)

Mark Anwyl

Phone: +44 (0)20 7469 0930

Email: info@peterhousecap.com

SEC Newgate (Financial Communications)

Bob Huxford

Ian Silvera

Atif Nawaz

Phone: +44 (0)20 3757 6882

Email: KR1@secnewgate.co.uk

 

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.

 

www.KR1.io

 

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).