from CoinIX GmbH & Co. KGaA (isin : DE000A2LQ1G5)
coinIX COINVEST SCI1 issues new shares of crypto investment fund as electronic securities | Collaboration with NYALA Digital Asset AG and tokenforge GmbH | Crypto register on POLYGON PoS Netzwerk
EQS-News: coinIX GmbH & Co. KGaA / Key word(s): Product Launch
coinIX COINVEST SCI1 issues new shares of crypto investment fund as electronic securities | Collaboration with NYALA Digital Asset AG and tokenforge GmbH | Crypto register on POLYGON PoS Netzwerk
18.04.2024 / 09:34 CET/CEST
The issuer is solely responsible for the content of this announcement.
Hamburg, 18.04.2024 - Investment firm coinIX, specializing in crypto asset and blockchain investments, is pioneering a new initiative in collaboration with NYALA Digital Asset AG and tokenforge GmbH on the Polygon Proof-of-Stake (PoS) Network.
Following the transfer of its liquid crypto assets to a specialized fund to facilitate co-investments by external stakeholders, the company has now issued its new fund shares – designed as investment shares of an investment stock corporation – as electronic securities. These investment shares are no longer documented in physical certificates; instead, they are electronically registered with a crypto registry operator, enabling direct allocation to an investor's wallet.
The issuance of electronic securities and the provision of security tokens were orchestrated in collaboration with NYALA Digital Assets AG, Berlin, with their subsidiary Smart Registry GmbH acting as the crypto registry operator. Tokenforge GmbH from Berlin handles the digital subscription of investment shares, ensuring a compliant subscription process and seamless integration of all regulated institutions. The crypto securities registry and wallets are maintained on the Polygon PoS Network.
The coinIX COINVEST SCI1 fund is empowered to allocate up to 100% of its assets into crypto assets, managing an actively curated and diversified portfolio. Opportunities for generating ongoing income, such as through staking crypto assets, will also be explored. Notably, investment shares are restricted to professional or semi-professional investors, with a minimum investment threshold of EUR 50,000 for professionals.
Moritz Schildt, Managing Director of coinIX Capital GmbH, shared his insights on the transaction: "Electronic securities represent a paradigm shift in asset ownership, offering streamlined processes like instant transfers. Through this pilot project, we aim to demonstrate the technical feasibility while aiding investors in navigating this innovative investment landscape." Claus Tumbrägel, board member of coinIX COINVEST Investmentaktiengesellschaft mvK, added: "While investors can currently store their new investment shares in their wallets, facilitating their transfer to bank deposits in Germany remains a priority – we are actively seeking a banking partner." Daniel Wernicke, Co-CEO of NYALA Digital Asset AG, expressed enthusiasm for the inaugural tokenization of an AIF through shares: "Investment shares like the ones we tokenized or coinIX will be a main driver of tokenized security adoption."
About coinIX Capital GmbH:
Since 2017, coinIX Capital GmbH, headquartered in Hamburg, has been at the forefront of analyzing blockchain projects and cryptocurrencies, facilitating investments in this dynamic sector. Comprising specialists with extensive experience in asset management, venture capital, and cutting-edge technology analysis, the coinIX team manages a portfolio boasting over 20 investments in blockchain startups alongside crypto assets. Shares of coinIX GmbH & Co. KGaA are listed on the free market of the Düsseldorf Stock Exchange and are also traded on the Berlin and Munich stock exchanges. Further information about coinIX GmbH & Co. KGaA can be found at www.coinix.capital. Additionally, coinIX Capital GmbH is entrusted with managing coinIX COINVEST SCI1, overseeing its liquid crypto assets.
About coinIX COINVEST SCI1:
Launched in June 2022, coinIX COINVEST SCI1 is an open domestic special AIF under the KAGB. As a sub-portfolio of coinIX COINVEST Investment Stock Corporation with variable capital, its assets are managed by coinIX Capital GmbH, acting as a registered capital management company. Available for subscription by professional or semi-professional investors, the fund has the flexibility to invest up to
100% of its capital in crypto assets, aiming for a diversified portfolio of digital assets actively managed through ongoing selection processes. Additional income streams are generated through staking and other blockchain-native mechanisms. With the ISIN DE000A408Q55, subscriptions to the fund are only available directly through the investment company, with private investor acquisition prohibited. More information can be found at https://coinvest.coinix.capital/sci1 .
About NYALA Digital Asset AG
NYALA serves as a provider for institutional investors and financial service providers, offering a technical and regulatory infrastructure for the issuance, management, custody, security, and registry of digital (tokenized) securities and asset investments. Visit www.nyala.de for more details.
About tokenforge GmbH
tokenforge, based in Berlin, offers a comprehensive software toolkit for asset tokenization (Digital & Real World Assets), enabling compliant, fully digital tokenization without the need for coding. As an API- first provider and manufacturer of infrastructure for the distribution and management of digital securities or assets, tokenforge guides companies through the entire tokenization process, integrating suitable service providers or existing processes and software environments seamlessly.
Contact Investor Relations / Sender
Moritz Schildt, Geschäftsführer der coinIX Capital GmbH, Telefon: +49 40 40 11 555 0
E-mail: ms@coinix.capital
18.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Language: | English |
Company: | coinIX GmbH & Co. KGaA |
Ludwig-Erhard-Str. 1 | |
20459 Hamburg | |
Germany | |
Phone: | +49-40-4011555-0 |
E-mail: | mail@coinix.capital |
Internet: | https://coinix.capital/ |
ISIN: | DE000A2LQ1G5 |
WKN: | A2LQ1G |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Munich |
EQS News ID: | 1883555 |
End of News | EQS News Service |
1883555 18.04.2024 CET/CEST