tokentus investment AG invests USD 150,000 in the Lava Foundation's token
sale to further develop the DePIN blockchain infrastructure project Lava Network

EQS-News: tokentus investment AG / Key word(s): Investment
tokentus investment AG invests USD 150,000 in the Lava Foundation's token
sale to further develop the DePIN blockchain infrastructure project Lava
Network

24.05.2024 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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tokentus investment AG invests USD 150,000 in the Lava Foundation's token
sale to further develop the DePIN blockchain infrastructure project Lava
Network

  * With a peer-to-peer network of node operators, Lava Network provides the
    data layer that allows developers to create projects on blockchains

  * Lava Network positions itself as a decentralized physical infrastructure
    (DePIN) and democratizes the provision of data services for blockchains
    and projects

  * This token round totalling USD 11 million took place ahead of the
    mainnet launch and airdrop in the coming months

* tokentus invests USD 150,000 in this private token round

Frankfurt am Main, 24. May 2024 - Frankfurt-based tokentus investment AG
("tokentus", ISIN: DE000A3CN9R8; WKN: A3CN9R; symbol: 14D) acquires Lava
tokens for USD 150,000 as part of the current token issuance by the Lava
Foundation, based in the Cayman Islands. The Lava Foundation is the only
institution issuing Lava tokens and deciding on the roadmap for the network
until the DAO (decentralized autonomous organization) is live on the
mainnet.

By its own positioning, Lava Network is a modular network that focuses on
providing access to every blockchain and rollup. Subscribers to the Lava
Foundation's $11 million pre-mainnet token round included VCs and individual
investors in the Web3 space, namely TPC Ventures, Ash Crypto, CryptoLark,
Polygon founder Sandeep Nailwal, Manifold Trading, CryptoTimes Japan,
Animoca Brands, Gate Ventures, Gecko Ventures, the founders of eToro, as
well as blockchain-related media companies such as Le Journal Du Coin and
The Rollup.

The Lava Network infrastructure is currently in the testnet phase. According
to the Foundation, the funds raised in this token round will be used for the
further development of Lava Network, with the initial focus on simplifying
blockchain access for developers and users through Remote Procedure Call
(RPC). Other data infrastructures, such as indexing, subgraphs or
sequencing, will be supported later.

With RPC requests, applications send and retrieve data from blockchains,
enabling essential user activities such as sending transactions, retrieving
account balances, receiving airdrops, or providing smart contracts.

According to Lava, this bootstrapping mechanism called incentivized public
RPC (ipRPC) has already been adopted by NEAR Protocol, Evmos and Axelar and
has distributed 220,000 tokens to node runners in the last quarter alone. As
stated by Lava, it has connections to Filecoin Network, Starknet, Cosmos
Hub, Stargaze, Secret Network and others. According to Lava, developers and
users currently have access to over 35 blockchains in the Lava test network.

This token round follows a $15 million seed round in 2023, managed by
MagmaDevs, formerly known as Lava Protocol Inc., and main contributor of
Lava, which was announced in February 2024. Jump Capital, HashKey Capital
and Tribe Capital co-led this equity round, with participation from North
Island Ventures, Dispersion Capital, Alliance DAO, Node Capital, Finality
Capital Partners, and others. Executives from Celestia, Cosmos, StarkWare,
Filecoin and other blockchain ecosystems participated in the round.

"With the Lava token, we as tokentus are specifically investing into
decentralized physical infrastructure, or DePIN, for the first time, which
is an important and new area of blockchain infrastructure in our opinion,"
says Oliver Michel, CEO of tokentus investment AG. "The investment is
deliberately made into the Lava token and not into the equity of the main
contributor, as we at tokentus, after assessing the situation, expect more
potential from the performance of the Lava token in the Lava ecosystem than
from the increase in value of the company's share in MagmaDevs," adds
Benedikt Schulz, Investment Manager at tokentus. "In the opinion of
tokentus, the team behind Lava Network consists of long-time industry
veterans with outstanding technical backgrounds," adds Mona Tiesler,
Investment Manager at tokentus.

About tokentus investment AG

tokentus investment AG (ISIN: DE000A3CN9R8, WKN: A3CN9R; Ticker: 14D) is an
investment company focusing on the blockchain market. The shares of tokentus
investment AG are listed on the m:access trading segment (unofficial market)
of the Munich stock exchange and traded on XETRA and other German stock
exchanges.

With the help of a constantly growing network of co-investors tokentus
acquires international financial investments, shares of companies with a
business model that is directly connected with the blockchain technology and
SPV structures and does fund-of-funds investments. Thus shareholders of the
tokentus investment AG are able to indirectly invest in a diversified,
international portfolio in the pioneering blockchain market. Tokentus
investment AG considers itself an investment pool and central access point
for investors in the blockchain market. As a German public holding company
tokentus has committed itself to transparency and regular communication with
its investors. Tokentus investment AG invests in financial assets, equity
and token investments, blockchain-focused venture capital funds and SPV
structures.

For further information see: www.tokentus.com

Disclaimer

This publication is neither an offer to sell nor a solicitation to buy
securities. The no-par value registered shares of tokentus investment AG
(the "Shares") may not be offered or sold outside the Federal Republic of
Germany, in particular not in the United States or to or for the account or
benefit of "U.S. persons" (as defined in Regulation S under the U.S.
Securities Act of 1933, as amended (the "Securities Act")). The securities
have already been sold.

Contact for queries

Oliver Michel
CEO der tokentus investment AG
Tel: +49 175 7222 351
contact@tokentus.com
www.tokentus.com


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24.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        tokentus investment AG
                   Taunusanlage 8 c/o WeWork
                   60329 Frankfurt
                   Germany
   E-mail:         contact@tokentus.com
   Internet:       www.tokentus.com
   ISIN:           DE000A3CN9R8
   WKN:            A3CN9R
   Listed:         Regulated Unofficial Market in Frankfurt, Munich
                   (m:access)
   EQS News ID:    1910209

End of News EQS News Service
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1910209 24.05.2024 CET/CEST