coinIX realizes capital gains from successful launch of the PEAQ token

Hamburg, 20 November 2024 - The positive price development of cryptocurrencies has led to a portfolio value increase of more than 50 percent for coinIX GmbH & Co. KGaA. This growth is partly due to Bitcoin's performance, which recently reached a new all-time high of over $93,000, contributing to price gains in many other cryptocurrencies, whose market capitalization now exceeds three trillion US dollars.

Particularly influential was the successful development of the PEAQ token. coinIX had already invested in the project in 2022, with a valuation of 50 million euros. The token was listed for the first time on a crypto exchange on November 12, 2024, and has since reached a valuation of over two billion euros. Even after a slight price correction, the initial investment has multiplied by a factor of 20. coinIX has sold part of the tokens available at launch and already realized returns exceeding the original investment.

Moritz Schildt, CEO of coinIX, explains: "Digital assets are increasingly establishing themselves as part of traditional portfolios. Bitcoin has, to this day, been the guiding star, driving the price development. However, the crypto market is much larger and offers investments that will outperform Bitcoin in the future. "

The crypto market is currently in a very exciting phase. In particular, altcoins like The Graph, the CoW token, and Ethereum benefit from the positive market sentiment. coinIX actively invests in promising altcoins and offers a diversified crypto portfolio aimed at achieving an outperformance compared to Bitcoin. The broadly diversified portfolio also includes investments in innovative startups and token projects, where digital assets are acquired that are not yet traded on marketplaces.

About the PEAQ Token

The PEAQ project is a platform that uses blockchain technology to improve the so-called "Internet of Things" (IoT). It focuses on connecting machines, devices, and cars so they can work together safely and efficiently, without relying on large centralized companies. The PEAQ token serves as the currency within the system. It can be used to pay for services or to earn money by contributing one's own machines or data to the network. The PEAQ platform has already connected over two million devices to the network.

About coinIX

coinIX GmbH & Co. KGaA was founded in 2017 to build expertise in the field of cryptocurrencies and blockchain-based business models. As an investment company based in Hamburg, the company aims to analyze attractive investment opportunities in the cryptocurrency and blockchain technology markets and identify potential opportunities. This allows for participation in the growth potential of this emerging market while benefiting from the long-term positive value development of the acquired assets. To achieve this, coinIX focuses on liquid cryptocurrencies, token projects, and equity investments through the fund coinIX COINVEST SCI1.

The investment team combines deep technological know-how with expertise in digitalization projects and combines experience in cryptocurrencies, capital investments, venture capital, and legal expertise. This enables the team to quickly assess the potential of possible investments and implement a wide range of investment forms. The shares of coinIX GmbH & Co. KGaA are traded on the over-the-counter market at the Düsseldorf Stock Exchange, the Berlin Stock Exchange, and the Munich Stock Exchange, and can be purchased through any custodial bank.

Press Contact

coinIX GmbH & Co. KGaA

c/o coinIX Capital GmbH

Moritz Schildt (CEO)

An der Alster 1

20099 Hamburg

[email protected]

+49 40 40115550

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