Tokens.com Provides Q3 Operational Update and Date for the Release of its Q3, 2021 Financial Results
October 19, 2021 07:30 AM Eastern Daylight Time
TORONTO--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly traded company that invests in revenue-generating crypto and blockchain assets linked to Decentralized Finance (“DeFi”), Non-Fungible Tokens (“NFTs”) and metaverse real estate, is pleased to provide an update on its Q3 staking operations. All amounts in this news release are unaudited.
“Our digital assets, linked to the growth of DeFi and NFT applications, have the potential to appreciate further over the next several years. Through staking, we earn additional tokens daily resulting in the organic growth of our digital assets”
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Q3 resulted in a significant appreciation in the price of cryptocurrencies owned by Tokens.com for staking. Tokens.com’s top 5 cryptocurrency tokens appreciated as follows during Q2:
Bitcoin
25.0%
ETH
32.0%
Polkadot
74.2%
Binance Coin
27.5%
Oasis Rose
178.1%
During Q3, Tokens.com’s digital asset inventory appreciated by a weighted average of 57.3% and through its staking services, was rewarded with additional tokens equal to a 19.5% annualized return on the original cost of capital deployed into staking.
“Our digital assets, linked to the growth of DeFi and NFT applications, have the potential to appreciate further over the next several years. Through staking, we earn additional tokens daily resulting in the organic growth of our digital assets,” commented Andrew Kiguel, CEO.
During Q3, Tokens.com also commenced its first day of trading on the OTCQB exchange under the ticker symbol ‘SMURF’. Additionally, on October 18th, Tokens.com acquired a 50% stake in Metaverse Group, one of the world's first blockchain virtual real estate companies.
October 19, 2021 07:30 AM Eastern Daylight Time
TORONTO--(BUSINESS WIRE)--Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly traded company that invests in revenue-generating crypto and blockchain assets linked to Decentralized Finance (“DeFi”), Non-Fungible Tokens (“NFTs”) and metaverse real estate, is pleased to provide an update on its Q3 staking operations. All amounts in this news release are unaudited.
“Our digital assets, linked to the growth of DeFi and NFT applications, have the potential to appreciate further over the next several years. Through staking, we earn additional tokens daily resulting in the organic growth of our digital assets”
Tweet this
Q3 resulted in a significant appreciation in the price of cryptocurrencies owned by Tokens.com for staking. Tokens.com’s top 5 cryptocurrency tokens appreciated as follows during Q2:
Bitcoin
25.0%
ETH
32.0%
Polkadot
74.2%
Binance Coin
27.5%
Oasis Rose
178.1%
During Q3, Tokens.com’s digital asset inventory appreciated by a weighted average of 57.3% and through its staking services, was rewarded with additional tokens equal to a 19.5% annualized return on the original cost of capital deployed into staking.
“Our digital assets, linked to the growth of DeFi and NFT applications, have the potential to appreciate further over the next several years. Through staking, we earn additional tokens daily resulting in the organic growth of our digital assets,” commented Andrew Kiguel, CEO.
During Q3, Tokens.com also commenced its first day of trading on the OTCQB exchange under the ticker symbol ‘SMURF’. Additionally, on October 18th, Tokens.com acquired a 50% stake in Metaverse Group, one of the world's first blockchain virtual real estate companies.
