EQS-News: Advanced Blockchain AG: Valuation of top 15 portfolio holdings reaches USD 56 million

Advanced Blockchain AG: Valuation of top 15 portfolio holdings reaches USD 56 million

Berlin, 31 March 2025 – Advanced Blockchain AG ("ABAG", Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator and investor in the blockchain industry, announces an update on the valuation of the top 15 portfolio holdings of its subsidiary, Incredulous Labs Ltd. As of December 31, 2024. the cumulative value of the top 15 assets amounted to around USD 56 million.

In an effort to increase transparency, Advanced Blockchain’s management board adopted a new approach in valuing the top 15 assets. This entails providing the precise number of tokens already trading in the market while conducting the external valuation by AVS-Valuation GmbH to assess the remaining equity positions and tokens yet to be launched.

Hatem Elsayed, COO of Advanced Blockchain AG, comments: “Our portfolio value has nearly doubled compared to the previous valuation in the first half of 2024, highlighting the underlying value of our holdings. It is crucial to emphasize that portfolio diversification and securing our planned liquidity reserve remain top priorities for our team in 2025 and 2026.”

Overall, peaq accounted for the highest value among the portfolio of Advanced Blockchain, while Polymer, Panoptic, and Light Protocol were each valued at over USD 1 million.

Traded tokens include market values as of 31 December, 2024:

• Peaq/Krest: 88,073,050 PEAQ and 2,450,406 KREST tokens with a combined value of $45,125,540.
• Contango: 18,055,556 TANGO tokens with a value of $951,347.
• Neon EVM: 1,000,000 NEON tokens with a value of  $363,500.
• Pendulum: 8,754,083 PEN tokens with a value of $243,188.
• Myso Finance: 1,136,360 MYT tokens with a value of $227,158.
• Celestia: 25,000 TIA tokens* with a value of $118,950.

Equity positions and tokens yet to be launched include estimated market values as of 31 December, 2024:

• Polymer: around $1,800,000 - $2,600,000
• Panoptic: around $1,800,000 - $2,600,000
• Light Protocol: around $1,400,000 - $2,200,000
• Talisman: around $500,000 - $800,000
• Delv (previously Element Finance): around $500,000 - $800,000
• Permanent Ventures: around $500,000 - $800,000
• zCloak: around $400,000 - $700,000
• Composable (MANTIS): around $250,000 - $400,000
• Laconic:  around $150,000 - $300,000

This valuation of the top 15 assets excludes direct equity holdings in EoT Labs, FinPro's intellectual property, and other assets held by the group.

AVS-Valuation’s methodology uses several key components when evaluating individual assets. These include the base price per token or equity of existing legal instruments (such as SAFT – Simple Agreement for Future Tokens and SAFE – Simple Agreement for Future Equity), respective sector performance benchmarked with competitors, fundamentals analysis, technological developments, as well as Total Value Locked (TVL) and market value, if applicable.

Overall Market Development
The fourth quarter of 2024 was marked by a revived upside momentum in the digital asset market, with total crypto market capitalization increasing from $2.3 trillion to $3.4 trillion. Riding this wave, Bitcoin reached its new all-time-high to over $108,000, outperforming other assets classes such as Gold and the Nasdaq. Other notable cryptocurrencies also contributed a notable amount of over $500 billion to market capitalization, with DePIN and AI agents showing promising growth and development.

The ABAG portfolio company peaq successfully launched its mainnet, achieving a staggering Fully Diluted Valuation of over $2.8 billion in December 2024. In addition to its notable debut, peaq’s launch has deeper meaning to the whole industry as it solidifies the sector of DePIN, with peaq helping over 50 projects to bring 22 industries onto blockchain. Another noteworthy development was the launch of Panoptic’s decentralized trading platform on Ethereum, which reached a total value locked (TVL) of almost $2 million in the first quarter of 2025.

The regulatory developments remained the central drive for this hike. Key factors include U.S. elections settlement with a pro-crypto president and SEC workforce, and EU’s MiCA implementation advancing institutional interests in crypto. Further notable advancements in the first quarter of 2025 included the establishment of the Strategic Bitcoin Reserve, designed to safeguard the United States’s national interests by holding a portion of federal funds in Bitcoin, and the creation of the United States Digital Asset Stockpile, a government-managed collection of various digital assets aimed at stabilizing the U.S. position in the global crypto economy.

* The Celestia tokens were legally granted to ABAG as consideration for an investment done in 2023, but have not yet been transferred to ABAG or its subsidiary.

About Advanced Blockchain AG:
Advanced Blockchain AG (Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6) is a venture builder and investor in the blockchain industry with an extensive network of analysts, developers, programmers, economists, and mathematicians. Advanced Blockchain AG is dedicated to developing the future of Web 3.0 and innovating in different ecosystems and markets of the industry.

For more information about Advanced Blockchain AG, its various projects and investments, please visit https://www.advancedblockchain.com/.

Contact:
ir@advancedblockchain.com