REG - KR1 PLC - Holding Update: Bitway

Kr1Announcement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260416:nRSP6601Aa&default-theme=true

RNS Number : 6601A  KR1 PLC   16 April 2026

KR1 plc

 

 

16 April 2026

 

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

 

Holding Update: Bitway ("BTW")

 

KR1 plc (LSE: KR1), a digital asset technology company, is pleased to provide
an update on the Company's Bitway ("BTW") holding.

 

Bitway is an open financial infrastructure platform connecting onchain
stablecoin and Bitcoin liquidity to institutional-grade yield and credit
markets. The ecosystem comprises three principal components: Bitway Earn, a
stablecoin yield protocol deploying deposits into market-neutral strategies
across centralised and decentralised venues; Bitway Lending, a non-custodial
protocol enabling borrowing against native Bitcoin collateral through Discreet
Log Contracts; and Bitway Ledger, the sovereign Proof-of-Stake Layer 1 on
which the protocol operates.

 

Following the recent launch of the BTW token, KR1 plc holds a total of
100,000,000 BTW, acquired through the Company's US$300,000 investment in
Bitway's (formerly Side Protocol) pre-seed funding round as announced on 26
July 2023. Based on the BTW market price as at 15 April 2026, the Company's
holding is valued at approximately US$1.7 million. The Company's BTW tokens
are subject to an initial lock-up of 12 months from token launch and
thereafter a linear unlock over a further 24 months.

 

KR1 plc's investment in Bitway originated through the Company's Venture
activities, which comprise early-stage investments in onchain infrastructure
projects. As tokens are released under the unlock schedule set out above, KR1
plc intends to evaluate operational participation in Bitway across both its
Technology and Financial Infrastructure activities.

 

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. By
securing Ethereum and other major networks, the Company compounds its asset
base alongside strategic investments - turning active network participation
into long-term value for shareholders.

 

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).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDIAMBTMTMBTBF



            Copyright 2019 Regulatory News Service, all rights reserved