Proactive Investors - Run By Investors For Investors

KR1 Plc 'thrilled' investment in Cosmos beginning to generate 'significant' yield

George McDonaugh, chief executive of KR1 PLC (LON:KR1), chats to Proactive London's Andrew Scott from Blockchain Week in New York.

He says they're beginning to see 'significant revenues' from its investment in Cosmos - a major ‘proof-of-stake’ network in their portfolio.

Proof-of-stake networks see participants ‘stake’ their tokens as a security deposit, from which they receive a fee or yield for committing their tokens to help validate transactions.

 
Meet Yellow Cake PLC, Avation PLC, Manolete Partners PLC and Crossword Cybersecurity Plc at our event, London , 05 September 2019. Register here »
View full KR1 profile View Profile

KR1 PLC Timeline

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use