Advanced Blockchain Reveals Top Portfolio Valuation

Advanced Blockchain AG has disclosed the valuation of its top 15 portfolio holdings through its subsidiary, Incredulous Labs Ltd. As of June 30, 2024, these holdings are valued at nearly USD 30 million. Peaq and Composable are the major contributors, accounting for over 50% of the top 15 valuation. Notably, Contango showed remarkable growth, rising by 115% compared to the previous valuation.

Additional assets of note include Panoptic and Polymer, each representing significant portions of the portfolio. The company's strategy focuses on active portfolio management, aiming for synergy and timely exits to prevent depreciation. The valuation process employs metrics like sector performance and technological development.

The blockchain market has seen substantial growth, with a 69% market capitalization increase in H1 2024, fueled by projects like those in Advanced Blockchain's portfolio. This trend is expected to continue, driven by institutional investments and innovations in sectors like DePIN and AI.