The company may strategically sell or buy more tokens in the future depending on our capital needs and market conditions.
Tokens.com Corp. (Cboe Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a technology holding company that owns an inventory of cryptocurrencies, is pleased to share an update on its cryptocurrency holdings.
Below is a table showing our current crypto ownership and corresponding value as of noon EST on February 12, 2024. All dollar figures are in United States dollars (“USD”), unless otherwise stated.
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|
Crypto |
Holdings |
Value |
Value ($CAD) |
|
Ethereum* |
3,156 |
$8,044,830 |
$10,780,072 |
|
Polkadot |
228,880 |
1,657,093 |
2,220,505 |
|
Solana** |
18,055 |
1,968,897 |
2,638,322 |
|
Blaze*** |
1,111,111,111 |
500,000 |
670,000 |
|
Total |
|
$12,170,820 |
$16,308,899 |
|
*340 Ethereum are held by Genesis Global Trading. |
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|
**18,001 Solana are held by Genesis Global Trading. |
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|
*** Subject to closing the sale of certain assets to StoryFire Inc. on March 1st, 2024. |
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The company may strategically sell or buy more tokens in the future depending on our capital needs and market conditions. We note that a portion of our assets (denoted in the table above) are held with Genesis Global Trading that is undergoing a restructuring. As a result, some or all of those holdings may not be recovered. Management is confident, however, that it will be able to recover the majority of its assets from Genesis based on recent disclosure in 2024.
In addition to its cryptocurrency inventory, the Company holds approximately $3 million (CAD$4 million) in cash, a portfolio of valuable crypto domain names, and subsequent to a closing date of March 1, 2024, a 15.3% interest in StoryFire Inc.
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