30 March 2023
KR1 PLC
(“KR1” or the “Company”)
Investment: Hydra Ventures
KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to announce that the Company has invested a total of
Hydra Ventures is a newly launched investment DAO (Decentralised Autonomous Organisation) focusing on supporting and incubating investment DAOs across the web3 ecosystem. Hydra Ventures has raised
George McDonaugh, Managing Director and Co-Founder of KR1, commented:
“We are excited to join Hydra Ventures, who are taking a unique approach to support investment DAOs and promoting the growth of the web3 ecosystem. As the DAO landscape continues to evolve and specialise, a ‘fund of funds’-style DAO becomes increasingly relevant. This is the right team at the right time to take this kind of project forward.”
The Directors of KR1 plc accept responsibility for this announcement.
--ENDS--
For further information please contact:
KR1 PLC George McDonaugh Keld van Schreven |
+44 (0)1624 630 630 |
Peterhouse Capital Limited (AQSE Corporate Adviser) Mark Anwyl |
+44 (0)20 7469 0930 |
FTI Consulting LLP (PR Adviser) Laura Ewart |
+44 (0)7711 387 085 KR1@fticonsulting.com |
About KR1 plc
KR1 plc is a leading digital asset investment company supporting early-stage decentralised and open source blockchain projects. Founded in 2016 and publicly traded in
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