The estimated net asset value per Cryptology share as of 05/18/2022 is 6.67?

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DGAP-News: Cryptology Asset Group PLC / Keyword(s): Statement/Cryptocurrency/Blockchain

The estimated net asset value per Cryptology share as of 05/18/2022 is 6.67?

19.05.2022 / 17:15
The issuer is solely responsible for the content of this announcement.

Company News

Cryptology Asset Group plc (?Cryptology?)
Malta, 19.05.2022

The estimated net asset value per Cryptology share as of 05/18/2022 is 6.67?

Malta, 19.05.2022. Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP:GR), a leading European holding company for crypto assets and blockchain-related business models, has announced its latest estimated weekly net asset value (?NAV?) per share of ? 6.67.

The crypto has fallen significantly over the past few weeks after $UST, an algorithmic stablecoin issued on the Terra (LUNA) network, lost its peg to the US dollar. This sent UST and LUNA plummeting as markets spooked over the lack of support in the stablecoin. As a result, most cryptos have fallen double digits over the past week in one of the most volatile periods in crypto history.

Cryptology’s updated estimated NAV figures follow Hauck & Aufhäuser’s release of an updated Cryptology stock report with a ?BUY? rating and a target price of ?13.00. The shares opened this morning around 5.50?, which means that Hauck & Aufhäuser expects a price increase of more than 50% from current levels.

Crypto stocks are currently trading on several German exchanges, including Börse Düsseldorf, Gettex, and Tradegate. In order to increase the liquidity of transactions and to open up to new groups of shareholders, Cryptology is currently studying an international listing.

About Cryptology Asset Group plc

Cryptology Asset Group (ISIN: MT0001770107; Symbol: CAP: GR) is a leading European holding company for crypto-assets and blockchain-based business models. Founded by the family office of Christian Angermayer, Apeiron Investment Group, and crypto legend Mike Novogratz, Cryptology is the largest publicly listed holding company for blockchain and crypto-based business models in Europe. Noteworthy portfolio companies include crypto giant and software maker EOSIO B1, leading HPC provider Northern Data, commission-free online neo-broker nextmarkets, and crypto asset management group Iconic Holding.

Media Contact:

Cryptology Asset Group plc

Jefim Gewiet (COO)

66/67, Beatrice, rue Amery,

Sliema SLM 1707 Malta

Email: info@cryptology-ag.com

19.05.2022 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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