Arcane Crypto AB announces an operational reorganization, unifying its growing private wealth businesses under a new business unit called K33.

Arcane Crypto AB announces an operational reorganization, unifying its growing private wealth businesses under a new business unit called K33.

22 November 2022

In parallel Arcane has initiated a strategic review of its investment and venture business to exploit current market opportunities.

Over the last year, Arcane Crypto AB (“Arcane”) has experienced substantial interest in its private wealth business, currently offered by the various subsidiaries, today known as Arcane Research, Kaupang Krypto and Arcane Assets.

To capitalize on this interest and opportunity, these units will be combined into one single business unit called K33. This provides the operational optimizations and the single-minded focus needed to capture the opportunities in K33.

For Arcane as a group, unifying the private wealth initiative under K33, creates optionality to act on strategic interest. This may include, but is not limited to, taking on strategic investors or separated listings of different parts of the portfolio.

In practice, Arcane’s wholly owned subsidiary Arcane Crypto AS will be renamed K33 Holding AS, trading as K33. The relevant sub-entities will be combined and renamed accordingly.

Arcane is also in the process of optimizing the operation of its investment portfolio. Initially, the portfolio will consist of K33, Arcane Green Data, Pure Markets and LN Markets. Arcane will explore both new investments and M&A, seeking to take advantage of a strong deal flow and interesting opportunities in the market as well as potential partnerships.

K33 – Safe. Secure. Digital Assets.

K33, available on k33.com, will be a research-led digital assets brokerage with investment services.  Helping clients across EMEA make informed decisions backed by industry leading digital assets research as they invest for the long term is already proving a unique and winning proposition to Arcane’s customers.   K33 provides this through a unified platform where investors and wealth managers get access to Research, digital assets brokerages offering funds & structured products.

The unified platform will be launched during Q4 2022. The platform can be accessed both directly by customers and through distribution partners and asset management firms that sign up to offer the K33 platform as part of their investment offering.

I am very happy about this operational restructuring of Arcane. By doing this, K33 will get the focus and attention it needs to become, quite simply, the preferred private wealth platform for digital assets in Europe” says Torbjørn Bull Jenssen, CEO of Arcane and of K33.

According to the CTO & Head of Product, Oisin Zimmermann; “K33 represents our vision of the future of the digital assets investment industry, with client funds and investments guided and protected by experts. This will all be offered through an intuitive digital interface, augmented by real-time one-on-one advice and support. We’re targeting young, affluent and high net worth individuals across EMEA, directly and through their existing wealth managers, who value our level of expertise, and our ability to serve the most demanding clients and managers.

We are happy to finally be able to announce this strategic reorganization for Arcane. Despite turmoil in digital asset markets recently, we continue to see massive interest in the sector from many market participants.   Both the investment side, and the private wealth offering, K33, has an amazing potential. Under the new structure both parts of the business will get even better foundations to prosper and take strong positions in their respective markets” says Chairman Michael Jackson.

 

About K33

K33 is a research-led digital assets brokerage with investment services, helping clients across EMEA make informed decisions backed by industry leading digital assets research, enter the market guided by a multi-exchange brokerage service, and invest safely for the long term in tailored managed funds. K33 provides a unified platform where customers get access to Research, digital assets brokerages, funds, and structured products. The unified platform will be rolled out during Q4 2022 and into Q1 2023. The platform can be accessed both directly by customers on k33.com and through distribution partners and asset management firms that have signed up to offer the K33 platform as part of their investment offering.

About Arcane Crypto

Arcane Crypto AB is a holding company with broad exposure to the digital assets industry. The Company holds 100% stakes in K33, a research-led digital assets brokerage with investment services across EMEA, Arcane Green Data, an environmentally sustainable Bitcoin mining operation based in northern Norway, and minority stakes in both Puremarkets Ltd (37.5%), an interbank OTC market for digital currencies, and LN Markets (16%), a Bitcoin exchange built on the Bitcoin Lightning Network.

Arcane Green Data

Arcane Green Data is a bitcoin mining company. The company is generating close to 70 PH, operating out of facilities in the Norwegian power region NO4. NO4 is currently one of the world’s most attractive locations for bitcoin mining due to its low power prices and cold climate.

About LN Markets

LN Markets provides a leading trading platform for leveraged bitcoin and option trading, built on the Bitcoin lightning network and offering instant deposits of collateral from all over the world. For further information please see: https://lnmarkets.com/en

About Pure Digital

Pure Digital is working to establish an interbank market for digital assets with the world tier 1 banks as participants. The management team bring many years of experience at top tier banks and have successfully delivered a similar product for FX previously

Pure Digital has 7 LOIs already in place with global tier 1 banks and is in the process of attracting capital from these banks and other potential investors.

For further information, please contact:

Torbjørn Bull Jenssen, CEO, Arcane Crypto AB

E-mail: ir@arcanecrypto.no

Subscribe to press releases and financial information: https://investor.arcanecrypto.se/

The Company is listed on Nasdaq First North Growth Market and Mangold Fondkommission AB is the Company’s Certified Adviser.

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Disclaimer
All transaction are carrying out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relates to SiLLC Assembly International.

Neptune Provides Corporate Update

VANCOUVER, British Columbia – November 16, 2022 – Neptune Digital Assets Corp. (TSX-V: NDA) (OTCQB: NPPTF) (FSE: 1NW) (“Neptune” or the “Company“) would like to provide an update with respect to its account held at Genesis Global Trading Inc. (“Genesis”), a crypto broker.

The Company has utilized Genesis for a variety of services since 2017, including the onboarding and offboarding of fiat currency and other digital assets that it uses in its general operations. Neptune mostly uses Genesis to generate returns on cash deposits when that cash is not in use. Neptune was informed this morning that Genesis has temporarily suspended redemptions and new loan originations in its lending business. As of market close on November 16, 2022, the Company confirms that it presently holds USD$3,999,980 and 40 BTC on Genesis’ platform which are locked in interest-generating term deposits. The Company is monitoring the situation as it develops and will continue to provide periodic updates.

“Although we were not directly exposed to FTX or any of its affiliates, the contagion through the crypto space has been unprecedented. We are very disappointed to hear the news from Genesis this morning and hope that next week we will have some clarity surrounding our long-term deposits with them. Neptune has moved all other cash and crypto assets to defensive positions within major Canadian banks and cold storage. Neptune’s proof-of-work and proof-of-stake operations continue unabated. Neptune remains in a very strong financial position with over $30 million in assets including $13 million in cash excluding Genesis deposits referenced above. The Company continues to generate revenues on a daily basis and we look forward to brighter days ahead,” stated Cale Moodie, Neptune’s President and CEO.

About Neptune Digital Assets Corp.

Neptune Digital Assets Corp. is one of the first publicly-traded blockchain companies in Canada and is a cryptocurrency and blockchain infrastructure leader with operations across the digital asset ecosystem including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated blockchain technologies.

ON BEHALF OF THE BOARD

Cale Moodie, President and CEO

Neptune Digital Assets Corp.

1-800-545-0941

www.neptunedigitalassets.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX ‎Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.‎

Forward-Looking Statements

This release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans”, “proposes” or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: Genesis temporarily suspending redemptions and new loan originations in its lending business‎; the Company’s involvement with Genesis; the Company’s assets Genesis has custody over; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties.

The Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

 

************************Disclaimer
All transaction are carrying out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relates to SiLLC Assembly International.

ARHT Media Announces Record Q3 2022 Results: Achieves Over 90% Quarterly Revenue Growth

TORONTO, Nov. 08, 2022 — ARHT Media Inc. (“ARHT” or “the Company”) (TSXV: ART), the global leader in the development, production and distribution of high-quality, low latency hologram and 3D interactive content, today announced its financial results for the third quarter ended September 30, 2022.

  • Record Q3 2022 revenues of $2.02M vs $1.05M in Q3 2021, an increase of 92%, with significant momentum continuing into Q4 2022.
  • Record revenue of $5.4M for the nine-months ended September 30, 2022, an increase of 58% compared to the same period of 2021.
  • The Company has signed agreements valued at $1.3M since introducing its new CAPSULE Display in late May 2022. The sale of CAPSULE displays includes ongoing service agreements associated with each unit generating high-margin recurring revenue.
  • Very high level of repeat business from Fortune 500 companies with 73% of Q3 event revenue generated by repeat clients.
  • 11 new clients were added during Q3 from different global geographies, most of whom are Fortune 500 companies, leading universities, or new strategic partners.
  • Hired Palash Ghosh as the Company’s CTO to lead ARHT Media’s technology growth plans and the continued development of its product roadmap.
  • Warrants exercised during the quarter generated an additional $1.3M in cash from current shareholders, including ARHT Media’s CEO, CFO and most of the Company’s Board Members.
  • Continued roll out of the World’s First Holographic Network through the WeWork partnership with 18 locations currently deployed. On track to deliver 25 of the first 30 locations by December 31, 2022.
  • Increased activations continue to lead to new and expanded revenue from NATO and other Defense Agreements.
  • Q3 2022 Net loss of $1.59M vs a Net loss of $1.24M in Q3 2021, increase attributed to additional staff and increased sales and marketing spend to support Company growth initiatives.

“I am very pleased that we continue to experience significant growth in 2022 and that this trend is expected to accelerate into 2023 and beyond,” stated ARHT CEO Larry O’Reilly. “During this quarter, we continued to prove the benefit of our technology to our corporate, government, healthcare, and education clients. We added 11 new significant global accounts while demonstrating the repeatability of our revenues with 73% event sales coming from existing clients. Our new CAPSULE Display, launched in late May, has been extremely well received for both purchase and rental, with 13 clients in all regions of the world purchasing units in Q3. We fully expect CAPSULE to make a significant impact on our plan to get to profitability in 2023 and reach $50M in annual sales in the coming years. With virtually no debt and a strong cash position, we remain very excited about our future.”

Investor Presentation

The Company will host a webcast investor presentation on Wednesday, November 9th, 2022 at 2:00 PM ET. During the webcast, Larry O’Reilly, Chief Executive Officer and Hanna Ayyad, Chief Financial Officer, will conduct a presentation that will cover key areas of ARHT Media’s business. After the formal presentation, investors will have an opportunity to ask relevant questions through an interactive Q&A portal. The Webcast will be available at the following link:

Link: https://event.webcasts.com/starthere.jsp?ei=1573287&tp_key=c6c1f93a6e

About ARHT Media

ARHT is a pioneer in the live hologram industry and their HoloPresenceTM technology offers a complete end-to-end solution for the Capture, Transmission and Display of live holograms for in-person, hybrid, and online events. They have a range of hologram display solutions to suit multiple use cases, including a premium online presentation solution, the Virtual Global StageTM, and the largest global Holographic Telepresence network of hologram Capture and Display locations, ensuring a presenter can beam into a meeting or event as a live hologram from virtually anywhere in the world.

Connect with ARHT Media:
Twitter: http://www.twitter.com/ARHTmedia
Facebook: http://www.facebook.com/ARHTmediainc
Linked: http://www.linkedin.com/company/arht-media-inc-

For more information, please visit www.arhtmedia.com or contact the investor relations group at info@arhtmedia.com.

ARHT Media trades under the symbol “ART” on the TSX Venture Exchange.

ARHT
Salman Amin
ARHT Media
samin@arhtmedia.com

This press release may contain “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, the intention to exercise convertible securities of the Company; disclosure related to the Company’s sales funnel; the Company’s technology; the potential uses for the Company’s technology; the future planned events using the Company’s technology; the future success of the Company; the ability of the Company to monetize the ARHT Media technology; the development of the Company’s technology; and interest from parties in ARHT’s products. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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Disclaimer
All transaction are carrying out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relates to SiLLC Assembly International.

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