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KR1 books healthy profit as it sells out of two of its investments

George McDonaugh, chief executive of the blockchain and cryptocurrency investor KR1 Plc (NEX:KR1), tells Proactive's Andrew Scott they've sold out of two of their investments at healthy prices.

The last of KR1’s holding in Golem (GNT) was sold for 22c per token, raising US$134,000. KR1’s holding of Qtum tokens, meanwhile, was sold at US$6.24 each, generating US$126,000.

That is more than 20 times the cost of its original investment in Qtum tokens, while the GNT tokens were sold for about seventeen times their purchase price.

 
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