Tokens.com Provides Q3 Operational Update and Date for the Release of its Q3, 2021 Financial Results

Rhea-AI Summary

Tokens.com Corp. reported significant gains in its Q3 cryptocurrency staking operations, with top tokens appreciating as follows: Bitcoin (25.0%), ETH (32.0%), Polkadot (74.2%), Binance Coin (27.5%), and Oasis Rose (178.1%). Overall, the digital asset inventory appreciated by 57.3%, yielding a 19.5% annualized return on capital deployed in staking. The company also began trading on the OTCQB under symbol ‘SMURF’ and acquired a 50% stake in Metaverse Group, a blockchain virtual real estate firm. Q3 financial results will be announced on November 5, 2021.

Positive

• 57.3% appreciation in digital asset inventory during Q3.
• 19.5% annualized return on staking capital.
• Acquisition of 50% stake in Metaverse Group expands business footprint.
• Top cryptocurrency tokens saw significant appreciation.

Negative

• None.

TORONTO--(BUSINESS WIRE)-- Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly traded company that invests in revenue-generating crypto and blockchain assets linked to Decentralized Finance (“DeFi”), Non-Fungible Tokens (“NFTs”) and metaverse real estate, is pleased to provide an update on its Q3 staking operations. All amounts in this news release are unaudited.

Q3 resulted in a significant appreciation in the price of cryptocurrencies owned by Tokens.com for staking. Tokens.com’s top 5 cryptocurrency tokens appreciated as follows during Q2:

Bitcoin	25.0%
ETH	32.0%
Polkadot	74.2%
Binance Coin	27.5%
Oasis Rose	178.1%

During Q3, Tokens.com’s digital asset inventory appreciated by a weighted average of 57.3% and through its staking services, was rewarded with additional tokens equal to a 19.5% annualized return on the original cost of capital deployed into staking.

“Our digital assets, linked to the growth of DeFi and NFT applications, have the potential to appreciate further over the next several years. Through staking, we earn additional tokens daily resulting in the organic growth of our digital assets,” commented Andrew Kiguel, CEO.

During Q3, Tokens.com also commenced its first day of trading on the OTCQB exchange under the ticker symbol ‘SMURF’. Additionally, on October 18th, Tokens.com acquired a 50% stake in Metaverse Group, one of the world's first blockchain virtual real estate companies.

Tokens.com will announce its Q3 2021 financial results on November 5, 2021, before market open.

An investor call hosted by CEO Andrew Kiguel has been scheduled to discuss the Company’s Q3 2021 financial results starting at 10:00 am ET on Friday November 5, 2021.

Date: November 5, 2021
Time: 10:00 a.m. ET
ET Dial-In: 1 (800) 697-5978
Passcode: 7469 627

About Tokens.com

Tokens.com Corp is a publicly traded company that owns an inventory of DeFi and NFT based cryptocurrencies. Through a process called staking, Tokens.com’s inventory of cryptocurrencies is used to earn additional tokens. In addition, Tokens.com co-owns Metaverse Group, one of the world’s first NFT based, virtual real estate blockchain companies. Through its growing digital asset inventory, Tokens.com provides public market investors with a simple and secure way to gain exposure to cryptocurrencies linked to DeFi and NFTs.

Further information can be found on the Company’s website: Tokens.com.

Keep up-to-date on Tokens.com developments and join our online communities at Twitter, LinkedIn, and YouTube.

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211019005468/en/

Tokens.com Corp.

Andrew Kiguel, CEO

Telephone: +1-647-578-7490

Email: contact@tokens.com

Jennifer Karkula, Head of Communications

Email: contact@tokens.com

Media Contact: Megan Stangl – Talk Shop Media

Email: Megan@talkshopmedia.com

Source: Tokens.com Corp.