REG - KR1 PLC - Infrastructure Income & Holdings (March ‘26)

Kr1Announcement

30/04/2026 07:02

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RNS Number : 4559C  KR1 PLC   30 April 2026

KR1 plc

Thursday, 30 April 2026

KR1 plc ("KR1" or the "Company")

Infrastructure Income & Holdings (March '26)

KR1 plc (LSE: KR1), a digital asset technology company, is pleased to provide
an unaudited financial update on its onchain infrastructure operations for the
month ended 31 March 2026.

Technology Infrastructure operations: £75,519 income for the month

The income was derived primarily from staking activities with digital assets
utilised in KR1's technology infrastructure operations across Ethereum as well
as other decentralised proof-of-stake networks.

It represents protocol rewards and fees earned through onchain infrastructure
operations and reflects operating output derived from securing and operating
network services.

Financial Infrastructure operations: £7,087 income for the month

The income was derived from digital assets utilised in KR1's financial
infrastructure operations, including underwriting discretionary cover for
Nexus Mutual and other yield strategies across decentralised finance ("DeFi")
protocols.

 

It represents rewards and fees earned through DeFi operations from active
deployment and participation in onchain financial protocols.

Aggregate infrastructure income (year-to-date, unaudited): £365,452

Infrastructure income represents income from digital assets derived from the
Company's Technology and Financial Infrastructure operations. Income from
these operations is received in the form of digital assets in the respective
decentralised network or protocol and is measured at fair value on the date of
receipt.

Commentary

"We are pleased to note the progress on the rollout of our Financial
Infrastructure Strategy. Underwriting discretionary cover for Nexus Mutual is
now in production and represents around 10% of our infrastructure income for
the month of March. We further note our acquisition of 21 Bitcoin and
additional Ethereum purchases, bringing our Ethereum position to in excess of
6,000 ETH. We are piloting a deployment of these as productive assets for KR1
to further expand our operations into liquidity provisioning across Ethereum's
decentralised finance ecosystem. The purchases were funded from existing
income streams over the past months as well as adjustments to certain
underperforming holdings of the Company."

Largest Positions

The Company is also pleased to provide an overview of the KR1's largest
holdings for the month ended 31 March 2026.

 

 Position                   Holdings     % of Net Assets  Fair Value
 Ethereum ("ETH") (*)       6,071        25.58%           £9,642,438
 Nexus Mutual ("NXM") (**)  110,909      11.60%           £4,370,341
 Polkadot ("DOT")           4,257,777    10.68%           £4,023,977
 Zee Prime II               5,800        8.20%            £3,089,307
 Lido ("LDO")               11,749,998   7.75%            £2,919,739
 RedStone ("RED")           25,454,545   5.29%            £1,994,251
 Cosmos ("ATOM")            1,459,766    4.98%            £1,878,665
 Celestia ("TIA")           7,000,015    4.14%            £1,561,081
 Bitway ("BTW")             100,000,000  4.04%            £1,523,000
 Bitcoin ("BTC")            21           2.87%            £1,082,030

 

Net Asset Value Update

Net Asset Value: £37,688,713

Net Asset Value per Share: 21.2p

GBP/USD Rate: 1.3244

Disclaimer

Please note that this update is based on available information at the time of
announcement. All figures provided herein are unaudited and are solely
intended to offer shareholders a timely update of the Company's financial
position.

(*) The Ethereum position represents an aggregate balance that includes spot
Ethereum ("ETH") as well as liquid staking or wrapped forms such as Lido
Staked ETH ("stETH"), and similar equivalents.

(**) The fair value of NXM is established according to the price of Wrapped
NXM ("wNXM").

About KR1 plc

KR1 plc is a digital asset technology company listed on the London Stock
Exchange, focused on the infrastructure layer of decentralised networks.

Contact

For further information, please contact:

KR1 plc (KR1:LSE)

George McDonaugh, Keld van Schreven

Phone: +44 (0)1624 630 630

Email: investors@KR1.io

Singer Capital Markets (Corporate Broker and Financial Adviser)

Investment Banking: Alex Bond, James Fischer

Equity Sales: William Gumpel

Phone: +44 (0)20 7496 3000

Email: enquiries@singercm.com

SEC Newgate (PR, Media and Financial Communications Adviser)

Ian Silvera, Bob Huxford, Dafydd Rees

Phone: +44 (0)20 3757 6882

Email: KR1@secnewgate.co.uk

AlbR Capital (Financial Adviser)

David Coffman

Phone: +44 (0)20 7469 0930

Email: info@albrcapital.com

Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation EU 596/2014 as it forms part of retained EU law
(as defined in the European Union (Withdrawal) Act 2018).

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