AQRU plc - Major milestone achieved for AQRU.io platform
RNS Number : 8650G
AQRU plc
01 April 2022
 

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Press Release

 

1 April 2022

 

 

AQRU PLC

 

("AQRU" or "the Company")

 

 Major milestone achieved for AQRU.io platform with £16.5m under management for 10,000 customer accounts

 

AQRU plc (AQSE: AQRU), an incubator specialising in decentralised finance ("DeFi"), is pleased to announce that its wholly owned subsidiary, Accru Finance Ltd. ("Accru Finance"), has signed up over 10,000 customer accounts and reached £16.5 million in assets under management on its proprietary cryptocurrency yield-generating platform, AQRU.io, a significant milestone in the Company's growth.

 

The milestone was achieved on 31 March 2022, only four months after Accru Finance launched its platform to cryptocurrency investors in certain jurisdictions in Europe and other international markets in December 2021. AQRU.io is an online trading platform that allows users to easily convert their fiat currency, such as EUR and GBP, into cryptocurrencies and invest their assets through the different protocols and investment strategies available on the platform to generate attractive yields. Since its launch, AQRU.io has received significant demand from investors, and the platform is currently signing up an average of more than 200 users per day.

 

Last week Accru Finance announced a partnership with Maple Finance, an institutional lending platform, to integrate Maple's yield-generating services into the AQRU.io platform. The partnership will allow Accru Finance to broaden its range of yield generating strategies and investment opportunities that users of the platform can choose from depending on their risk and return profile.

 

Philip Blows, CEO of AQRU, commented: "Since launching our investment platform just four months ago, we have enabled thousands of active investors to join and take advantage of the benefits that DeFi has to offer. As decentralised finance grows, we expect to see increasing demand for platforms that offer users with an easy-to-use and secure way to access the decentralised market. We are confident that our AQRU.io platform will continue to be investors' preferred choice, allowing us to maintain an excellent growth rate and strengthening our position in the DeFi sector."

 

The Directors of AQRU plc take responsibility for this announcement.

 

 

For further information, please contact:

 

AQRU


Philip Blows

Chief Executive

Neil Thapar

Investor Relations

via Tancredi +44 207 887 7633

 

+44 7876 455 323

 

Tennyson Securities


Corporate Broker

Peter Krens

 

+44 207 186 9030

Novum Securities


AQSE Corporate Adviser

David Coffman / Lucy Bowden

Broker

Colin Rowbury / Jon Belliss

+44 207 399 9400

Tancredi Intelligent Communication

Media Relations


Gabriela Amaya Garcia

Edward Daly

Charlie Hobbs

aqru@tancredigroup.com

+44 7915 035 294

+44 7861 430 057

+44 7897 557 112

 

About AQRU PLC:

 

AQRU is an incubator specialising in opportunities in decentralised finance (DeFi), a disruptive technology using blockchain and cryptocurrencies to remove financial intermediaries from transactions, creating a cheaper, more efficient and more secure way of providing financial services. Listed on the Aquis Exchange in London, we apply our expertise to the business operations and strategic plans of FinTech companies in the UK, USA and Canada, and act as an accelerator for start-ups and early-stage companies. www.aqru.io 

 

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