Advanced Blockchain AG establishes ABX Ventures in Switzerland and forges
strategic alliances with the Crypto Valley Association as well as Modulai

EQS-News: Advanced Blockchain AG / Key word(s): Alliance/Cryptocurrency /
Blockchain
Advanced Blockchain AG establishes ABX Ventures in Switzerland and forges
strategic alliances with the Crypto Valley Association as well as Modulai

07.05.2024 / 11:08 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Advanced Blockchain AG establishes ABX Ventures in Switzerland and forges
strategic alliances with the Crypto Valley Association as well as Modulai

May 7, 2024 - Advanced Blockchain AG ('AB', Scale Frankfurt, Primary Market
Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator and investor in
the blockchain industry, announces its recent integration into the esteemed
ecosystem of the Crypto Valley Association, solidifying its commitment to
pioneering advancements in the blockchain and cryptocurrency space. The
Crypto Valley Association, renowned as Switzerland's premier blockchain and
cryptocurrency hub, has been instrumental in nurturing growth, fostering
collaboration, and upholding integrity within the global blockchain economy
since its inception in 2017.

With the establishment of the wholly owned subsidiary ABX Ventures AG in
Zug, Switzerland, Advanced Blockchain is strategically poised to capitalize
on emerging opportunities within this dynamic region. This expansion enables
AB to sharpen the focus on delivering service-oriented software solutions,
fortifying the robust business model in strategic investments.

The establishment ABX Ventures AG marks the culmination of the gradual
development of the AI-supported research platform 'ABX Analytics,' first
introduced in 2023. Advanced Blockchain aims to broaden its strategic focus
on recurring revenue streams. ABX Ventures AG will spearhead these efforts
under the new ABX brand. Simultaneously, investments in strategic projects
will continue in 2024 in accordance with the original business model.

In line with dedication to innovation, Advanced Blockchain AG recently
formed a partnership with Stockholm based Modulai, a company specializing in
machine learning, and artificial intelligence. This collaboration aims to
strengthen the ABX Analytics product and refine the AI components integrated
within it. Modulai has a track record of involvement in creating top-tier
market solutions, such as EQT Group, among others.

In line with dedication to innovation, Simon Telian, CEO of AB, comments on
the collaboration, 'Our partnership with Modulai marks a significant
milestone in our journey towards innovation and excellence. Together, we are
poised to revolutionize the landscape of AI-driven blockchain solutions,
empowering businesses to thrive in the digital era.'

The Advanced Blockchain Management team will attend the Crypto Valley
Conference in Switzerland next month.

About Advanced Blockchain AG:
Advanced Blockchain AG (Scale Frankfurt, Primary Market Düsseldorf, XETRA:
ISIN DE000A0M93V6) is a venture builder and investor in the blockchain
industry with an extensive network of analysts, developers, programmers,
economists, and mathematicians. Advanced Blockchain AG is dedicated to
developing the future of Web 3.0 and innovating in different ecosystems and
markets of the industry.

For more information about Advanced Blockchain AG, its various projects, and
investments, please visit https://www.advancedblockchain.com/.


Contact:
ir@advancedblockchain.com


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07.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Advanced Blockchain AG
                   Scharnhorststraße 24
                   10115 Berlin
                   Germany
   Phone:          +4930403669510
   Fax:            030403669511
   E-mail:         info@advancedblockchain.com
   Internet:       www.advancedblockchain.com
   ISIN:           DE000A0M93V6
   WKN:            A0M93V
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf
                   (Primärmarkt), Frankfurt (Scale), Munich, Stuttgart,
                   Tradegate Exchange
   EQS News ID:    1897545

End of News EQS News Service
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1897545 07.05.2024 CET/CEST