Tokens.com provides crypto inventory update

TORONTO, 07 May 2024–(COMMERCIAL WIRE)–Tokens.com Corp. (“Tokens.com” or the “Company”) (TSX-V: COIN) (Frankfurt Stock Exchange: 76 million) (OTCQB US: SMURF), a technology company focused on building humanoid robots integrated with artificial intelligence, is pleased to provide an update on its cryptocurrency holdings. All dollar figures are expressed in U.S. dollars (“U.S. dollar“), unless otherwise indicated.

The table below shows current cryptocurrency ownership and corresponding approximate values ​​as of noon EST on May 5, 2024. The Company did not sell any cryptocurrency in 2024.

Tokens.com’s cash and cryptocurrency holdings are approximately valued at $18.1 million (C$24.8 million), or $0.09 per share (C$0.13). In addition to cash and cryptocurrency holdings, the Company’s main business is building humanoid robots integrated with artificial intelligence through its recently acquired subsidiary, Simulacra. The Company also owns 15.3% of StoryFire Inc. and several cryptocurrency-related domain names such as www.tokens.com.

The company may strategically sell or buy more tokens in the future depending on its capital needs and market conditions. Management notes that a portion of the digital assets (marked in the table above) are held at Genesis Global Trading which is undergoing restructuring. As a result, some or all of these holdings may not be recovered. Management is confident that it will be able to recover the majority of its assets from Genesis based on recent disclosures and communications with Genesis.

About Tokens.com

Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and company-based artificial intelligence. Tokens.com owns 100% of Simulacra Corp, 15.3% of StoryFire Inc., an inventory of cryptocurrencies, and several cryptocurrency-related domain names.

Stay updated on the latest news by subscribing to our newsletter on www.tokens.com and our most recent investor presentation here.

Keep up to date with developments at Tokens.com and join our online communities at Twitter, LinkedIn, Facebook, Instagram AND Youtube.

Forward-Looking Statements

This press release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are often identified by words such as “may,” “will,” “plan,” “expect,” “anticipate,” “estimate,” “intend” and similar words that refer to future events and results. Forward-looking statements in this press release include statements regarding the strategic review process and the work of the Committee; whether a strategic change, transaction or any outcome will result or be consummated or implemented as a result of the strategic review process; and whether any transactions resulting from the strategic review process, if any, will enhance shareholder or stakeholder value over the long term.

The story continues

Forward-looking statements are based on management’s current views and expectations. 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 anticipated in the forward-looking statements, and we caution you not to place undue reliance on them. We undertake no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

View the original version on businesswire.com: https://www.businesswire.com/news/home/20240507068483/en/

Contacts

Tokens.com Corp.

Andrew Kiguel, CEO
E-mail: contact@tokens.com

Jennifer Karkula, communications manager
E-mail: contact@tokens.com
Phone: 647-578-7490

Fuente