Phoenix Digital Assets PLC is an alternative investment fund listed on the Aquis Stock Exchange. The company specializes in providing investors with direct exposure to large-cap liquid crypto assets through a transparent, liquid public market vehicle. This structure sets it apart from private crypto funds, ensuring that its performance is independently audited annually, offering a higher level of transparency and confidence.
In May 2024, Phoenix successfully executed a tender offer, repurchasing 625 million of its shares, which resulted in the return of £33.7 million to its shareholders, further demonstrating its commitment to shareholder value.
Key Features:
- Direct Exposure: Offers exposure to large-cap liquid crypto assets.
- Transparency: The fund's performance is independently audited.
- Liquidity: Unlike private funds, Phoenix provides liquidity and transparency to investors.
- Return of Capital: £33.7 million returned to shareholders through share buybacks.
Phoenix Digital Assets PLC represents an opportunity for investors seeking to gain exposure to the growing digital asset sector, backed by the security and oversight of a public market vehicle.