Advanced Blockchain AG Reports Strong Start to 2024 with Successful Asset Sales and Cash Balance Exceeding €2 Million

Advanced Blockchain AG has kicked off the year 2024 with a bang, showcasing a strong start with impressive financial results. The company has successfully divested tokens and token rights, raking in over €3 million in profits in the last 10 months. With a cash balance exceeding €2 million as of April 15, Advanced Blockchain is poised for further growth and expansion.

The new capital generated from these successful divestments will be used to fuel the company’s strategic initiatives and finance new investments. Notably, Advanced Blockchain has already seen significant returns on its recent acquisition of Celestia (TIA) tokens, further solidifying its position in the blockchain industry.

In addition to its financial success, Advanced Blockchain is actively recruiting talent to enhance its workforce and develop ABX Analytics, an AI-driven platform designed to identify promising web3 projects. The company’s CEO, Simon Telian, expressed confidence in the team’s dedication and the opportunities presented by the evolving market landscape.

Advanced Blockchain’s management team will be attending key industry conferences, including TOKEN2049 in Dubai and the Crypto Valley Conference in Switzerland. The company’s commitment to its shareholders and the establishment of a strong financial foundation remain top priorities as it continues to innovate and invest in the blockchain industry.

For more information about Advanced Blockchain AG and its projects, visit their website at https://www.advancedblockchain.com/.