This week, Cryptology Asset Group announced that it has rebranded to Samara Asset Group. The decision has been made during the extraordinary general meeting last Friday. The rebranding is the consequent next step of the recently started strategic transition from a leading publicly traded Bitcoin and blockchain holding company to a deep-tech powered alternative asset management platform.

The launch of Samara’s US-based subsidiary “Samara Alpha Management” (SAM), a couple of weeks ago, marked the starting point of this strategic transition: With SAM, Samara intends to leverage its balance sheet to seed emerging asset managers on the SAM platform and back the world’s best builders in Bitcoin. The idea is to deploy Samara´s assets through the SAM Fund-of-Funds and Multi-Manager platform in order to deliver disproportional, risk-adjusted returns to its shareholders.

The platform is expected to go live until the end March. After building-up a meaningful track-record, Samara Alpha is expected to begin seeding emerging managers in the second half of the year. Samara will not only participate in the performance of its managers, but the upside of their growth as GP investor.

With the rebranding and the recent launch of SAM, the company's management is once again showing its strong conviction that the future of finance lies in decentralization and democratization, empowered by Bitcoin. SAM is empowering the disenfranchised and forgotten investors by unlocking investment opportunities in crypto related hedge and venture funds for all investors.

Samara´s overall portfolio is still dominated by the non-listed company Block.One (shares owned plus asset management upside), which contributes c. 85.2% to the total NAV. Northern Data remains the second biggest investment with c. 6.9% of the total NAV. The remaining six investments (all non-listed) contribute a combined 3.2%.

The crypto- and blockchain space was very resilient during the past weeks' turmoil in the banking space. This indicates once again that the bottom should have been reached and Samara looks set to grow its NAV again, after last year decline (see next page). Tailwinds should come from the strategic transition of the company as well as the ongoing institutionalization of the overall blockchain and crypto space.

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