
KR1
Description
KR1 plc, a publicly listed digital asset investment company based in Douglas, Isle of Man, operates as Europe's leading entity focused on decentralised and open-source blockchain networks. Traded on the Aquis Stock Exchange Growth Market under the ticker KR1:AQSE, the company specializes in identifying and investing in promising blockchain projects at their earliest stages, primarily through seed and private token sales. This strategic focus allows KR1 to gain exposure to foundational technologies and protocols that are shaping the future of the web3 ecosystem.
KR1's investment strategy is characterized by its long-term perspective and active participation in the blockchain space. The company typically invests in the initial funding rounds of projects, often acquiring native tokens directly from the developers. Its typical initial investments in these nascent projects range from approximately $100,000 to $500,000, reflecting a commitment to early-stage ventures. Beyond initial investments, KR1 also engages in staking activities, utilizing its token holdings to generate additional yield and support the network security of the protocols it invests in.
The company's diverse portfolio spans various blockchain ecosystems, including significant early investments in projects like Polkadot and Cosmos, alongside more recent allocations in emerging protocols such as Berachain, Hyperlane, and Ritual. KR1's approach involves a deep understanding of the technical and economic models of these decentralized networks, aiming to capitalize on their growth potential as they mature and gain adoption. This hands-on strategy allows them to be more than just a capital provider, often acting as an early supporter and participant in the communities of their portfolio projects.
As a publicly traded entity, KR1 provides transparency into its financial performance and asset holdings. For the fiscal year ended December 31, 2023, KR1 reported a profit after tax of £1.1 million, demonstrating its capacity to generate returns even in fluctuating market conditions. This financial resilience, coupled with its strategic focus on cutting-edge blockchain technology, positions KR1 as a notable player in the digital asset investment landscape, offering investors a unique avenue to participate in the growth of decentralized networks.
Investor Profile
KR1 has backed more than 45 startups, with 1 new investments in the last 12 months alone. The firm has led 18 rounds, about 40% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series Unknown, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, Switzerland.
- Strong thematic focus on Blockchain, Cryptocurrency, Information Technology.
- Led 1 rounds in the past year.
- Typical check size: $100K – $500K.
Stage Focus
- Seed (62%)
- Series Unknown (9%)
- Pre Seed (9%)
- Series A (7%)
- Initial Coin Offering (7%)
- Undisclosed (2%)
- Series C (2%)
- Convertible Note (2%)
Country Focus
- United States (22%)
- United Kingdom (20%)
- Switzerland (13%)
- Singapore (9%)
- United Arab Emirates (4%)
- France (4%)
- Estonia (4%)
- Serbia (4%)
- Germany (4%)
- Gibraltar (2%)
Industry Focus
- Blockchain
- Cryptocurrency
- Information Technology
- Fintech
- Internet
- Software
- Financial Services
- Web3
- Decentralized Finance (Defi)
- Bitcoin
Frequently Asked Questions
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