ADVANCED BLOCKCHAIN


Associated tags: XETRA, Blockchain, Cryptocurrency

Locations: EUROPEAN UNION, BOSCH, MARKE, GERMANY, DEUTSCHLAND, VALLEY, SCHWEIZ, STOCKHOLM, DEUTSCHLAND, TESLA, DUBAI, SWITZERLAND

EQS-News: Advanced Blockchain AG establishes ABX Ventures in Switzerland and forges strategic alliances with the Crypto Valley Association as well as Modulai

Retrieved on: 
Friday, May 10, 2024

The Crypto Valley Association, renowned as Switzerland's premier blockchain and cryptocurrency hub, has been instrumental in nurturing growth, fostering collaboration, and upholding integrity within the global blockchain economy since its inception in 2017.

Key Points: 
  • The Crypto Valley Association, renowned as Switzerland's premier blockchain and cryptocurrency hub, has been instrumental in nurturing growth, fostering collaboration, and upholding integrity within the global blockchain economy since its inception in 2017.
  • With the establishment of the wholly owned subsidiary ABX Ventures AG in Zug, Switzerland, Advanced Blockchain is strategically poised to capitalize on emerging opportunities within this dynamic region.
  • The establishment ABX Ventures AG marks the culmination of the gradual development of the AI-supported research platform "ABX Analytics," first introduced in 2023.
  • The Advanced Blockchain Management team will attend the Crypto Valley Conference in Switzerland next month.

EQS-News: Advanced Blockchain AG: Strong start into the year 2024

Retrieved on: 
Friday, May 3, 2024

April 16, 2024 – Advanced Blockchain AG ("AB", Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator and investor in the blockchain industry, has started the financial year 2024 with a strong performance.

Key Points: 
  • April 16, 2024 – Advanced Blockchain AG ("AB", Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator and investor in the blockchain industry, has started the financial year 2024 with a strong performance.
  • As of April 15, 2024, Advanced Blockchain records a cash balance on wallets and bank accounts exceeding €2 million.
  • In line with its growth trajectory, Advanced Blockchain is actively recruiting talent to bolster its workforce and advance the development of ABX Analytics.
  • Advanced Blockchain AG is dedicated to developing the future of Web 3.0 and innovating in different ecosystems and markets of the industry.

EQS-News: Advanced Blockchain AG: Portfolio Company peaq successfully raised $15 million in pre-launch funding

Retrieved on: 
Wednesday, April 10, 2024

peaq raised $15 million in a pre-launch funding round led by Generative Ventures and Borderless Capital.

Key Points: 
  • peaq raised $15 million in a pre-launch funding round led by Generative Ventures and Borderless Capital.
  • Funding will expand peaq´s ecosystem of decentralized physical infrastructure networks and support the launch of the mainnet.
  • March 28, 2024 – Advanced Blockchain AG ("AB", Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator and investor in the blockchain industry, is excited to announce that its portfolio company peaq successfully raised $15 million in a pre-launch funding round led by Generative Ventures and Borderless Capital.
  • Both the Advanced Blockchain Management team as well as the peaq Management team will be attending the TOKEN2049 conference in Dubai next month.

EQS-News: Advanced Blockchain AG presents a strong 2023 despite a difficult market environment

Retrieved on: 
Wednesday, April 10, 2024

March 19, 2024 – Advanced Blockchain AG ("AB", Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator and investor in the blockchain industry, today published its preliminary figures for the past financial year 2023.

Key Points: 
  • March 19, 2024 – Advanced Blockchain AG ("AB", Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator and investor in the blockchain industry, today published its preliminary figures for the past financial year 2023.
  • Revenue in 2023 amounted to 5.2m € in 2023 (2022: 14.7m €) and was therefore slightly above the forecast of at least 5.0m € in the 2023 half-year report.
  • With these results, Advanced Blockchain AG reached the targets for 2023 at revenue and earnings level.
  • Simon Telian, CEO of Advanced Blockchain AG, comments: “We have not disappointed our investors, even in a challenging market environment.

EQS-News: Advanced Blockchain AG: Portfolio company Composable successfully launches ETH-IBC mainnet enabling cross-chain transfers from Ethereum to Cosmos for the first time

Retrieved on: 
Wednesday, April 10, 2024

The long-awaited launch of the ETH-IBC mainnet marks a crucial milestone for the Composable team as they now have first-mover advantage.

Key Points: 
  • The long-awaited launch of the ETH-IBC mainnet marks a crucial milestone for the Composable team as they now have first-mover advantage.
  • Rollout is scheduled in different phases, with Phase One Beta enabling asset transfers between Ethereum and Cosmos ecosystems.
  • April 4, 2024 – Advanced Blockchain AG ("AB", Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator and investor in the blockchain industry, announces that its portfolio company Composable successfully launched their ETH-IBC mainnet.
  • As part of the mainnet beta release, the IBC connection is fully deployed to Ethereum linking the Cosmos and Ethereum Ecosystems.