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  5. Cryptology Asset Group p.l.c.
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    CAP   MT0001770107

CRYPTOLOGY ASSET GROUP P.L.C.

(CAP)
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE: Cryptology Portfolio Company Iconic Funds Receives Approval to Issue and Publicly Offer a Physically Backed Bitcoin ETP in Germany

04/20/2021 | 08:33am EDT
DGAP-News: Cryptology Asset Group PLC / Key word(s): Statement/Product Launch 
Cryptology Portfolio Company Iconic Funds Receives Approval to Issue and Publicly Offer a Physically Backed Bitcoin ETP 
in Germany 
2021-04-20 / 14:31 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Corporate News 
Cryptology Asset Group p.l.c. ("Cryptology") 
Malta, 20.04.2021 
Cryptology Portfolio Company Iconic Funds Receives Approval to Issue and Publicly Offer a Physically Backed Bitcoin ETP 
in Germany 
The approved exchange traded product is applying to list on Deutsche Börse's Xetra with an expected listing the week of 
April 26^th. 
 
Malta, 20.04.2021. Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP, formerly 4UD), a leading European 
investment company for blockchain- and crypto-related business models, is pleased to announce that its portfolio 
company, Iconic Funds, has received approval in Germany to issue a physically backed Bitcoin ETP. The issuing entity of 
the Bitcoin ETP is Iconic Funds BTC ETN GmbH, a wholly owned subsidiary of Iconic Funds GmbH (Collectively branded to 
as "Iconic Funds"). 
Iconic Funds is global crypto asset management group headquartered in Frankfurt with teams in New York, Singapore and 
Dubai. Iconic Funds is perpetually at the forefront of crypto asset adoption, investing in the crypto space since 2017 
and having issued one of the EU's first fully licensed crypto asset index funds in early 2020. By issuing a physically 
backed Bitcoin ETP - and one of the most cost effective of its kind - Iconic further cements itself as one of the most 
innovative asset management groups in the world. 
Structured as a traditional ETP in the same manner as Xetra Gold, the recently approved Bitcoin ETP aims to remove the 
technical complications of investing in and holding Bitcoin for investors in an industry-leading cost-effective manner. 
Each fully Bitcoin-collateralized Note of the ETP represents a claim on a specified amount of Bitcoin, less applicable 
fees, and will trade under the ticker symbol XBTI with an ISIN of DE000A3GK2N1. 
"Bitcoin and the crypto industry as a whole is now being recognized as a bonafide asset class with institutions and 
investors clamoring for a seamless and familiar way to invest," said Patrick Lowry, CEO of Cryptology Asset Group and 
Iconic Funds. "Iconic aims to drive the adoption of crypto assets by creating trust in it for investors. We believe a 
physically-backed Bitcoin ETP is an optimal way for many investors to gain exposure to Bitcoin and leading crypto 
assets." 
Cryptology founding investor, Christian Angermayer, said "Investing directly into crypto assets is tricky for 
institutions and asset managers, as well as retail investors, who don't have experience with the technology or have 
compliance restrictions. A physically backed Bitcoin ETP solves this problem for many seeking exposure to Bitcoin and 
crypto assets through a familiar means of investing." 
Cryptology has been an investor in Iconic Funds since mid-2019. Cryptology shares currently trade on several German 
exchanges including Börse Düsseldorf, Gettex and Tradegate. In order to increase trading liquidity and open up to new 
shareholder groups, Cryptology is currently exploring an international listing. The ticker symbol for Cryptology was 
recently changed from 4UD to CAP. 
Please refer to the formal release from Iconic Funds for further information and the prospectus document: https:// 
iconicholding.com/iconic-funds-receives-approval-to-issue-and-publicly-offer-a-physically-backed-bitcoin-etp/. The 
approval of the Prospectus should not be construed as an endorsement of the securities offered or admitted to trading 
on a Regulated Market. 
About Cryptology Asset Group p.l.c. 
Cryptology is a leading European crypto asset and blockchain-related business model investment company. Founded by 
Christian Angermayer's family office, Apeiron Investment Group and crypto-legend Mike Novogratz, Cryptology is the 
largest publicly traded holding company for blockchain- and crypto-based business models in Europe. Noteworthy 
portfolio companies include crypto-giant and EOSIO software publisher Block.one, leading HPC provider Northern Data, 
commission-free online neobroker nextmarkets, and crypto asset management group Iconic Holding. 
Media Contact: 
Cryptology Asset Group p.l.c. 
Jefim Gewiet (COO) 
66/67, Beatrice, Amery Street, 
Sliema SLM 1707 Malta 
E-mail: info@cryptology-ag.com 
=---------------------------------------------------------------------------------------------------------------------- 
2021-04-20 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      Cryptology Asset Group PLC 
              Beatrice 66 & 67, Amery Street 
              SLM 1707 Sliema 
              Malta 
E-mail:       info@cryptology-ag.com 
Internet:     cryptology-ag.com 
ISIN:         MT0001770107 
WKN:          A2JDEW 
Listed:       Regulated Unofficial Market in Dusseldorf 
EQS News ID:  1186742 
 
End of News   DGAP News Service 
=------------ 

1186742 2021-04-20

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1186742&application_name=news 
 

(END) Dow Jones Newswires

April 20, 2021 08:32 ET (12:32 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
BITCOIN - EURO 1.91% 41096.24 Real-time Quote.70.83%
BITCOIN - UNITED STATES DOLLAR 1.86% 48174.6 Real-time Quote.63.70%
CRYPTOLOGY ASSET GROUP P.L.C. -2.44% 8 End-of-day quote.98.76%
DJ INDUSTRIAL -0.48% 34584.88 Delayed Quote.13.54%
SLM CORPORATION 1.29% 18.1 Delayed Quote.44.23%
All news about CRYPTOLOGY ASSET GROUP P.L.C.
09/16CRYPTOLOGY WEEKLY NAV UPDATE : 15th September 21
PU
09/16CRYPTOLOGY ASSET P L C : estimated NAV per share as of 15/09/2021 is ?9.91
EQ
09/16PRESS RELEASE : Cryptology's estimated NAV per share as of 15/09/2021 is EUR9.91
DJ
09/16CRYPTOLOGY ASSET P L C : estimated NAV per share as of 15/09/2021 is €9.91
PU
09/09PRESS RELEASE : Cryptology's estimated NAV per share as of 08/09/2021 is EUR9.53
DJ
09/09CRYPTOLOGY ASSET P L C : estimated NAV per share as of 08/09/2021 is ?9.53
EQ
09/09CRYPTOLOGY ASSET P L C : estimated NAV per share as of 08/09/2021 is €9.53
PU
09/09CRYPTOLOGY WEEKLY NAV UPDATE : 8th September 21
PU
09/06CRYPTOLOGY ASSET P L C : Notes to Financial Position
PU
09/02CRYPTOLOGY ASSET P L C : estimated NAV per share as of 01/09/2021 is ?9.86
EQ
More news
Financials
Sales 2020 2,55 M 2,98 M 2,98 M
Net income 2020 10,3 M 12,0 M 12,0 M
Net Debt 2020 18,6 M 21,8 M 21,8 M
P/E ratio 2020 21,4x
Yield 2020 -
Capitalization 457 M 536 M 536 M
EV / Sales 2019 -
EV / Sales 2020 93,7x
Nbr of Employees 2
Free-Float 52,6%
Chart CRYPTOLOGY ASSET GROUP P.L.C.
Duration : Period :
Cryptology Asset Group p.l.c. Technical Analysis Chart | CAP | MT0001770107 | MarketScreener
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 8,00 €
Average target price 18,35 €
Spread / Average Target 129%
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