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KR1's George McDonaugh on investee company Vo1t Ltd after well-supported raise

George McDonaugh, chief executive of KR1 Plc (AQSE:KR1), tells Proactive London he's thrilled for the team at Vo1t Ltd after they successfully raised $2mln from a highly-regarded family office and “strategic individuals”.

Following the latest round of financing and the conversion of loan notes, KR1’s 7.94% stake in the business is now worth US$1.4mln.

Quick facts: KR1 PLC

Price: 14 GBX

AQSE:KR1
Market: AQSE
Market Cap: -
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KR1 begins making revenue from Polkadot Staking Yields

KR1 PLC's (LON:KR1) George McDonaugh caught up with Proactive London after revealing that his company has started generating 'material revenues' from its staking activities on the Polkadot (“DOT”) network. McDonaugh explains that Polkadot has migrated to a ‘Proof-of-Stake’ network and the...

on 20/8/20

2 min read