Arcario’s Q1 2023 Report: A Promising Future and Strategic Growth on the Horizon

June 13, 2023 — [crocon media – msch] Based on the Q1 2023 report, the future looks promising for Arcario AB. Here are some key points:

  1. Strategic Trajectory and Growth: Arcario is poised for growth and innovation, with a substantial portfolio potential. They are assessing several prospects aligned with their strategic trajectory and are eager to embrace the possibilities of the web3 space. As the digital assets industry continues to grow, Arcario is not only well-positioned to participate but also to shape the evolution of the industry as a key player. They have new initiatives and strategies such as their incubation program and ‘double-down’ strategy, which are set to accelerate growth and solidify their position in the industry.
  2. K33’s Progress: The first quarter for K33, a subsidiary of Arcario, was one of strategic reformation as they prioritized the enhancement of their core services. This led to promising returns and a substantial increase in the subscription base for K33 Pro Research users. The potential for K33’s newly developed market application is considerable, and they are well-positioned for rapid scalability.
  3. Portfolio Potential: Arcario’s portfolio potential is substantial and brimming with possibilities. They have been experiencing robust deal flow, and they’re presently assessing several prospects that are aligned with their strategic trajectory. They are eager to disclose more details about these promising explorations in due time.
  4. Innovative Initiatives: Arcario is embarking on several innovative initiatives and strategies. They are designing an incubation program specifically aimed at fostering startups and accelerating their growth, complemented by their ‘double-down’ strategy, enabling them to channel their investments towards the most promising, high-performing ventures over the long haul.
  5. Current Portfolio: Looking at their current portfolio, LN Markets continues to excel, consistently setting new records and breaking new ground. Pure Digital is another highlight, demonstrating substantial progress and showing real promise. Their mining operation, Green Data, is currently reaping significant benefits from unusually low energy prices in Northern Norway.
  6. Strategic Alliance: Arcario’s recent strategic alliance with COWA enables them to explore potential synergies and enhance collaboration on mining, web3 venture investments, and asset management with K33. This partnership, bolstered by solid financial support from their major shareholders and robust operational performance across their portfolio, fuels optimism about the future.
  7. K33’s Future: As for K33, the potential for their newly developed market application is considerable. With features that include seamless onboarding, access to deep liquidity, and advanced access controls, they are well-positioned to cater to high-net-worth individuals and family offices across the EMEA region. Their consistent fund performance, coupled with the successful launch of the K33 Vinter quality index, sets them on a path of rapid scalability.
  8. Leadership at Arcario is confident: In summary, the leadership at Arcario is confident about the company’s strategic trajectory and growth potential. They are excited about the opportunities in the web3 space and the digital assets industry, and they are committed to delivering stellar results for their shareholders.

    Michael Jackson, Chair of Arcario, emphasizes the company’s transformation and strategic reorganization, which has resulted in two distinct entities: Arcario and K33. This restructuring has optimized their strategic positioning and elevated their operational capacity. Arcario is now focused on building a robust portfolio of web3-related investments, while K33 aims to become the leading wealth management platform for digital assets. Jackson highlights the company’s portfolio potential, which is substantial and filled with possibilities. Arcario is also embarking on innovative initiatives and strategies, such as an incubation program for startups and a ‘double-down’ strategy to channel investments towards the most promising ventures. Jackson expresses his enthusiasm for the potential of the team and looks forward to sharing strategic investments and plans in the upcoming quarters.

    Torbjørn Bull Jenssen, CEO of Arcario & K33, shares his delight in providing insights into the company’s operations and growth trajectory. He acknowledges the strategic reformation in the first quarter for K33, which led to promising returns and a substantial increase in the subscription base for K33 Pro Research users. Jenssen is optimistic about the potential of K33’s newly developed market application, which is well-positioned to cater to high-net-worth individuals and family offices across the EMEA region. He also mentions the resilience and potential for substantial growth in the industry, post the FTX collapse, and the increasing institutional interest in the private wealth segment. Jenssen is enthusiastic about the future and looks forward to sharing the company’s successes with shareholders in the upcoming quarters and years.

Please note that while the future looks promising, Arcario operates in the cryptocurrency industry, which is still largely unregulated and subject to continual and rapid technological and regulatory changes. There are uncertainties related to the development of the cryptocurrency market, including its future size, and the future success of Arcario’s business is, therefore, difficult to predict.

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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.

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:

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.

Arcane Crypto publishes Interim Report for Q1 2022

Arcane Crypto publishes Interim Report for Q1 2022

Published: 2022-05-10 08:00:24 CEST

Arcane Crypto AB
Interim information

First quarter of 2022
– compared to first quarter 2021 –

  • Group revenue increased to 105,865 kSEK (2,157)
  • EBITDA amounted to -2,124 kSEK (-11,043)
  • EBIT amounted to -8,835 kSEK (-11,079)
  • The result for the period amounted to -10,178 kSEK (-136,050)
  • Adjusted result for the period amounted to -10,178 kSEK (-9,097)
  • Earnings per share before dilution amounted to SEK -0.001 (-0.017)
  • Earnings per share after dilution amounted to SEK -0.001 (-0.016)

CEO Torbjørn Bull Jenssen comments:

“In first quarter of 2022, EBITDA improved to -2,124 kSEK compared to -3,383 kSEK in the previous quarter, mainly driven by increased activity in Arcane Green Data.

The adoption of digital assets is accelerating, and with the increased interest we see every day, I am more confident than ever that we are on track to build Arcane into one of the world’s leading players in the institutional digital asset space.”

Main events during Q1 2022

  • On January 13, Arcane Crypto’s wholly-owned subsidiary Kaupang Krypto AS entered into a collaboration with NFT AS and curator Sam Farao, to facilitate acquisitions of Bjarne Melgaard’s first crypto art collection The Lightbulb Man.
  • On February 1, Anna Svahn informed Arcane Crypto AB of her decision to resign from the board due to other professional obligations.
  • On March 1, Puremarkets Limited (branded as Pure Digital) announced its partnership with Copa Fin Ltd. (trading as Cobalt) to bring next-generation credit and post-trade solutions to market.
  • On March 11, Ijort Invest AB (branded as Trijo) announced its partnership with Freja eID, a provider of digital identification services. Freja’s solution allows Trijo to onboard customers from all Nordic countries.
  • On March 22, Arcane Crypto’s wholly owned subsidiary Kaupang Krypto AS announced its collaboration with Ræder in order to provide tax and legal advice to premium clients.

Events after the end of the period

  • On April 22, Arcane Crypto’s associated company LN Markets announced a launch of Bitcoin options trading built on top of the Lightning Network.
  • During the first quarter, 194,670,151 warrants were exercised resulting in an equal number of new shares being issued in April.
  • Kaupang Krypto achieved its earn-out target, 58,452,374 new shares will be issued in Q2 to settle the earn-out.
  • In April, a 15 MSEK loan was secured from DBT Capital with a 42 month term.

Webcast presentation

The company will hold a webcast presentation where CEO Torbjørn Bull Jenssen will present the report today at 10:00 CET. Investors, analysts, and media are invited to follow the webcast.

Webcast link: https://channel.royalcast.com/landingpage/hegnarmedia/20220510_6/

No pre-registration is needed. The presentation will be held in English and questions can be submitted in English during the webcast.

 

For further information, please contact:
Torbjørn Bull Jenssen, CEO, Arcane Crypto AB
e-mail:
web: investor.arcanecrypto.se

About Arcane Crypto
Arcane Crypto develops the infrastructure and products that enable worldwide adoption of bitcoin and digital assets. Arcane is building a platform for users to learn, trade and invest in digital assets, all from one account. Our market leading research content educates our users and builds trust. Arcane achieves scale by providing a platform with open APIs, allowing third parties to develop their own products using our technology and then distribute their product to our users.

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

The Company is listed on Nasdaq First North Growth Market and Mangold Fondkommission is Certified Adviser, tel. +46 8 5030 1550, e-mail: , web: www.mangold.se.

 

The information disclosed in this Interim Report is mandatory for Arcane Crypto AB to publish pursuant to the EU’s Market Abuse Regulation (MAR). This information was submitted for publication at 08:00 (CET) on May 10, 2022, through the agency of the CEO.


Disclaimer
This document contains forward-looking statements which are based on the current estimates and assumptions made by the assembly team of SiLLC. Forward-looking statements are characterized by the use of words such as expect, intend, plan, predict, assume, believe, estimate, anticipate, forecast and similar formulations. Such statements are not to be understood as in any way guaranteeing that those expectations will turn out to be accurate. Future performance and the results actually achieved by SiLLC and its affiliated groups depend on a number of risks and uncertainties and may therefore differ materially from the forward-looking statements. Many of these factors are outside SiLLC‘s control and cannot be accurately estimated in advance, such as the future economic environment and the actions of competitors and others involved in the marketplace. SiLLC neither plans nor undertakes to update forward-looking statements.

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 International.


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