CoinIX Launches Digital Preference Shares with 10% Yield

Hamburg-based coinIX GmbH & Co. KGaA, an investment firm specializing in digital assets, has announced the issuance of up to 250,000 new preference shares. This move seeks to broaden its investor base while solidifying its position as a crypto treasury company. Each share is priced at ten euros and offers an annual preference dividend of one euro, equating to a ten percent yield.

Uniquely, this issuance is entirely digital and bank-independent, utilizing electronic securities. Interested investors can subscribe online through CONDA Capital after registering. Custody of these shares will be managed by Hauck Aufhäuser Digital Custody, with plans for future trading on a DLT platform.

CEO Moritz Schildt describes this as a fusion of traditional and blockchain financial systems, offering both private and institutional investors a novel entry into digital asset ventures. While many focus on Bitcoin, coinIX adopts a diversified strategy, investing in income-generating digital assets.