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AQRU plc - New milestone for AQRU.io platform


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Supernova Digital Assets Plc · SOL

09/05/2022 07:00

AQRU plc - New milestone for AQRU.io platform
RNS Number : 7025K
AQRU plc
09 May 2022
 

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

Press Release

 

09 May 2022

 

 

AQRU PLC

 

("AQRU" or "the Company")

 

AQRU.io platform surpasses US$50 million in assets under management and 20,000 customer signups

 

AQRU plc (AQSE: AQRU), an incubator specialising in decentralised finance ("DeFi"), is delighted to announce that its wholly owned subsidiary, Accru Finance Ltd., has surpassed US$50 million in assets under management ("AUM") and 20,000 user signups on its proprietary yield-generating platform, AQRU.io, five months after the launch of the platform in December 2021.

 

This represents AUM growth on AQRU.io of over US$30 million in the 39 days since 1 April 2022.

 

AQRU.io is designed to offer investors in certain European jurisdictions and other international markets an easy and secure way to access and participate in the decentralised markets. The platform allows users to easily convert their fiat currency, such as EUR and GBP, into cryptocurrencies and invest their assets to generate attractive yields. Through AQRU.io, investors can leverage different protocols and investment solutions available on the platform to maximise their yields while reducing their exposure to risk.

 

Philip Blows, CEO of AQRU, commented:

 

"With more than $50 million in assets under management and 20,000 signups in only five months, AQRU.io has demonstrated itself an attractive solution that enables investors to take advantage of the opportunities that DeFi has to offer. As decentralised finance grows, we expect AQRU.io will remain a favoured choice for retail investors, as well as an appealing and sought-after solution for institutional investors in Europe and other international markets too."

 

 

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

Charlie Hobbs

aqru@tancredigroup.com

+44 7915 035 294

+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.aqruplc.com

 

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