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EQS-News: Advanced Blockchain AG: Portfolio Company peaq successfully raised $15 million in pre-launch funding

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수요일, 4월 10, 2024

peaq raised $15 million in a pre-launch funding round led by Generative Ventures and Borderless Capital.

Key Points: 
  • peaq raised $15 million in a pre-launch funding round led by Generative Ventures and Borderless Capital.
  • Funding will expand peaq´s ecosystem of decentralized physical infrastructure networks and support the launch of the mainnet.
  • March 28, 2024 – Advanced Blockchain AG ("AB", Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator and investor in the blockchain industry, is excited to announce that its portfolio company peaq successfully raised $15 million in a pre-launch funding round led by Generative Ventures and Borderless Capital.
  • Both the Advanced Blockchain Management team as well as the peaq Management team will be attending the TOKEN2049 conference in Dubai next month.

EQS-News: Advanced Blockchain AG: Value of Krest tokens has increased by almost 250% in the past 30 days – Krest tokens held by Advanced Blockchain now worth over $5 million

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수요일, 3월 13, 2024

peaq joins the Fetch.ai Foundation, an AI and Web3-focused non-profit with a $100 million allocation co-governed by Fetch.ai and Bosch representatives.

Key Points: 
  • peaq joins the Fetch.ai Foundation, an AI and Web3-focused non-profit with a $100 million allocation co-governed by Fetch.ai and Bosch representatives.
  • Earlier this year, Deutsche Telekom, one of Europe’s largest telecom companies, joined the Foundation as its first corporate partner.
  • This is a significant increase compared to the value announced in December 2023 of over $1 million.
  • The price of the Krest token is currently close to 1.30 USD per token which corresponds to an increase of almost 250% in the past 30 days.

EQS-News: Advanced Blockchain AG: Former Cisco Germany CEO Michael Ganser joins peaq Foundation as an Executive ahead of mainnet launch

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수요일, 3월 13, 2024

05 March 2024 – Michael Ganser, former CEO of Cisco Germany, has been appointed as an executive of peaq Foundation.

Key Points: 
  • 05 March 2024 – Michael Ganser, former CEO of Cisco Germany, has been appointed as an executive of peaq Foundation.
  • Michael joins at the beginning of a critical growth period for peaq and is a significant value driver for the company."
  • Advanced Blockchain AG is pleased to announce that the peaq team with Michael Ganser will be present at TOKEN 2049 in Dubai next month.
  • Advanced Blockchain remains one of the largest shareholders in EoT Labs GmbH as well as a KREST and PEAQ token holder.

EQS-News: Value of the Krest tokens held by Advanced Blockchain well over €1 million – Ecosystem Update November 2023

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목요일, 12월 14, 2023

This round also saw significant contributions from gumi Cryptos Capital (gCC), L1D as well as other influential pioneers in the blockchain industry.

Key Points: 
  • This round also saw significant contributions from gumi Cryptos Capital (gCC), L1D as well as other influential pioneers in the blockchain industry.
  • With the recent infusion of new capital, the company significantly increased its valuation, raising a total of $11.5 million to date.
  • This increase in price to currently over 0.30 USD per token has boosted the value of the Krest tokens held by Advanced Blockchain to well over $1 million.
  • Solana IBC will be powered by Picasso and will join Polkadot, Kusama, Cosmos, and soon Ethereum in the cross-ecosystem IBC hub.

EQS-News: Advanced Blockchain: Portfolio company peaq with significant progress and decentralized mobility demos at IAA Mobility with Gaia-X

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월요일, 9월 25, 2023

September 20, 2023 – Advanced Blockchain´s portfolio company peaq together with Gaia-x moveID unveiled last week at the IAA in Munich a decentralized IoT function for parking and charging vehicles.

Key Points: 
  • September 20, 2023 – Advanced Blockchain´s portfolio company peaq together with Gaia-x moveID unveiled last week at the IAA in Munich a decentralized IoT function for parking and charging vehicles.
  • Both companies demonstrated how the future of the Internet of Things and the Economy of Things will be based on decentralization and on-chain automation.
  • At the event a peer-to-peer parking and charging scheme utilizing IDs on the Peaq ecosystem was demonstrated.
  • The demonstration at IAA Mobility highlighted autonomous transactions between connected devices: a smart car, charging station and signal for parking.

EQS-News: Advanced Blockchain announces new project

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화요일, 5월 9, 2023

Mai 2023 - Advanced Blockchain AG (“AB”, Scale Frankfurt, primary market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator, architect and investor for the blockchain industry, announces its latest product innovation: AB Capital AI.

Key Points: 
  • Mai 2023 - Advanced Blockchain AG (“AB”, Scale Frankfurt, primary market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator, architect and investor for the blockchain industry, announces its latest product innovation: AB Capital AI.
  • This revolutionary product is a data aggregator that employs state-of-the-art AI technology to deliver automated token selection and research.
  • peaq also integrated with Fetch.ai for AI-based process automation, and Fraunhofer-led AI project will store EV battery digital twins on peaq network.
  • The Panoptic team participated in the Cornell Blockchain conference and held a well-received public event where they showcased their product demo.