coinIX Breaks Ground with Electronic Securities on Polygon PoS Network

Hamburg, April 18, 2024 - CoinIX Capital GmbH, investing in crypto and blockchain technology, has introduced a new fund using the Polygon Proof-of-Stake (PoS) network. The fund issues electronic securities, designed as shares, that are digitally registered with a crypto registry operator and can be directly allocated to investors' wallets. This initiative, partnered with NYALA Digital Asset AG and tokenforge GmbH, allows co-investments by external stakeholders.

coinIX Pioneering Electronic Securities Issuance on the Polygon PoS Network

Hamburg, April 18, 2024 - coinIX Capital GmbH, a specialized investment firm in crypto asset and blockchain investments, is spearheading an innovative initiative in collaboration with NYALA Digital Asset AG and tokenforge GmbH on the Polygon Proof-of-Stake (PoS) Network.

Electronic Securities and Investment Shares

To facilitate co-investments by external stakeholders, coinIX has transferred its liquid crypto assets to a specialized fund. The company has subsequently issued its new fund shares - designed as investment shares of an investment stock corporation - as electronic securities.

Unlike traditional physical certificates, these investment shares are electronically registered with a crypto registry operator, enabling direct allocation to an investor's wallet. The issuance of these electronic securities was orchestrated by NYALA Digital Assets AG, Berlin, with their subsidiary Smart Registry GmbH serving as the crypto registry operator.

Digital Subscription and Compliance

Tokenforge GmbH, based in 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.

Investment Mandate and Opportunities

coinIX COINVEST SCI1, the investment 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.

It is important to note that investment shares are restricted to professional or semi-professional investors, with a minimum investment threshold of EUR 50,000 for professionals.

Industry Perspectives

Moritz Schildt, Managing Director of coinIX Capital GmbH, commented 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

Established in 2017, coinIX Capital GmbH has been a leading voice in analyzing blockchain projects and cryptocurrencies, enabling investments in the dynamic sector. Comprising specialists with extensive experience in asset management, venture capital, and cutting-edge technology analysis, the coinIX team manages a portfolio of over 20 investments in blockchain startups alongside crypto assets. coinIX GmbH & Co. KGaA's shares are listed on the free market of the Düsseldorf Stock Exchange and traded on the Berlin and Munich stock exchanges.

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 to professional or semi-professional investors, the fund can 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.

About NYALA Digital Asset AG

NYALA provides a technical and regulatory infrastructure for the issuance, management, custody, security, and registry of digital (tokenized) securities and asset investments, serving institutional investors and financial service providers.

About tokenforge GmbH

tokenforge offers a comprehensive software toolkit for asset tokenization, 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, seamlessly integrating suitable service providers or existing processes and software environments.

Contact Investor Relations/Sender

Moritz Schildt, Geschäftsführer der coinIX Capital GmbH
Telephone: +49 40 40 11 555 0
E-mail: ms@coinix.capital