KR1 plc invests $7.0mn into Zee Prime II, a cell of Sigil PCC Limited

LONDON, UK: KR1 plc (AQSE: KR1), a number one digital asset funding company, has invested a complete of $7.0 million into Zee Prime II, a cell of Sigil PCC Limited, as a half of the fund’s capped $35 million fundraise.

Zee Prime II is a specialised digital asset funding fund launched by Zee Prime and Sigil PCC Limited, specializing in early-stage crypto projects in various verticals, such as gaming, infrastructure, middleware and others. Over the previous years, Zee Prime has constructed a reputation for innovative investing within the digital asset space.

The funding was executed through a subscription to 7,000 Participation C Shares of €0.0001 nominal par worth every at a price of US $1,000 every in Sigil PCC Limited.

Matti Gagliardi, Co-Founder of Zee Prime II, commented: “We are extraordinarily proud to be backed by KR1 plc who’ve been a half of crypto since day one. Zee Prime is graduating to a brand new level thanks to the belief of KR1.”

Keld van Schreven, Managing Director and Co-Founder of KR1, commented: “Zee Prime has an excellent track record in digital asset investments and has developed a strong community with a top excessive quality dealflow. We are satisfied that this funding into Zee Prime II is an important step in line with KR1’s continued growth of its asset base, diversifying into specialised funding expertise to expand the Company’s portfolio.”

Janos Berghorn, Head of Research of KR1 plc, commented: “Matti and the Zee Prime II team have beforehand backed a vary of innovative projects with promising new crypto financial models. KR1’s main participation of their new fund provides entry to ecosystems that complement the Company’s existing portfolio and will additionally current compelling co-investment alternatives into sure projects going forward.”

KR1 plc is a number one digital asset funding firm supporting early-stage decentralised and open supply blockchain projects. Founded in 2016 and publicly traded in London on the AQSE Growth Market (KR1:AQSE), KR1 has one of many longest and most profitable track records of funding within the digital assets space by investing in decentralised platforms and protocols that are rising to form new monetary and web infrastructures.

www.KR1.io

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