CoinIX unlocks latent value totaling 5.1 million EUR | Transferring liquid cryptocurrencies into a specialized crypto fund

Hamburg, March 28, 2024 - Insider Information Release under Article 17 of Regulation (EU) No. 596/2014

coinIX, a specialized investment firm focusing on cryptocurrency investments and blockchain projects, is capitalizing on the current favorable market conditions within the crypto sphere to unlock latent value in its liquid cryptocurrency holdings. This strategic move has resulted in a substantial gain of EUR 5.1 million, which will positively impact the company's financial performance for the year 2024.

Importantly, this profit realization was not achieved through a conventional sale. Instead, coinIX opted to transfer its holdings of liquid cryptocurrencies to a specially designated fund. Executed at prevailing market rates on March 28, 2024, this transfer involved cryptocurrencies valued at EUR 8.2 million. In exchange, coinIX has received 33,987.46 new fund shares in the form of investment shares of coinIX COINVEST SCI1, each valued at EUR 241.16. These shares are intended to remain a long-term asset within coinIX's portfolio, ensuring continuity and stability.

Crucially, the transferred cryptocurrencies remain an integral part of coinIX's portfolio, maintaining the integrity of its asset base.

The management of the fund assets within this special fund continues to be entrusted to the seasoned team at coinIX Capital GmbH, the personally liable partner of coinIX GmbH & Co. KGaA, which operates as a registered capital management company with BaFin.

This newly allocated fund has the flexibility to invest up to 100% in cryptocurrencies and will be actively managed to maintain a diversified portfolio. Strategies such as staking will be employed to generate ongoing returns. The management fee for this special fund will be offset against the management fee payable to the personally liable partner. Additionally, coinIX GmbH & Co. KGaA stands to benefit from the growth of this special fund through a planned monetary participation.