★ Company OverviewPhoenix
Digital Assets PLC is a British blockchain investment company, the full name of Phoenix Digital Assets PLC, founded on March 3, 2020, headquartered in London, UK(Registered address: 9th Floor, 16 Great Queen St, London WC2B 5DG).
Focus on investing, incubating and developing blockchain-related businesses. As of 2023, the Company supports blockchain start-ups and technology development through its portfolio. The corporate structure includes investment management, project incubation, and compliance departments.
★ regulatory informationAccording
to available information, Phoenix Digital Assets PLC is not registered with the Financial Conduct Authority (FCA) as a Virtual Asset Service Provider (VASP) or Money Services Business (MSB), It also does not hold an FCA financial license, which means that its investment activities, such as cryptocurrencies and NFTs, are not directly regulated by the FCA.
★ Trading ProductsPhoenix
Digital Assets PLC focuses on blockchain asset investment, offering the following trading products:
Cryptocurrency Investment: Supporting large-scale, Crypto assets with high liquidity (e.g., Bitcoin, Ethereum) earn income through open market trading.
NFT (non-fungible token) investment: Invest in NFT-related projects in 2023, involving digital art, collectibles, and metaverse assets, with the specific project name not disclosed.
Blockchain start-up equity: Support blockchain technology companies through equity investments in 2023, with focus areas including decentralized finance (DeFi), Web3 infrastructure, and digital identity. As of 2023, the Company does not disclose specific portfolio or volume data, and its investments are realized indirectly through open market trading on the Aquis Exchange (symbol: PNIX). The trading products do not involve foreign exchange, CFDs or other traditional financial assets, and are limited to crypto assets and blockchain-related equity. In May 2023, the company completed a tender offer of 625 million shares, returning £33.7 million to shareholders, demonstrating the portfolio's liquidity management capabilities. Transactions are executed through smart contracts and blockchain protocols, with no specific spreads (bid-ask spreads) or transaction fees disclosed.
★ Trading SoftwarePhoenix
Digital Assets PLC does not directly provide trading software for the general public, and its investment activities are supported by:
Blockchain protocol: Leverage smart contracts of Ethereum and other blockchain networks to execute crypto asset transactions and NFT investments in 2023, relying on decentralized exchanges (DEXs, such as Uniswap) or centralized exchanges (CEXs, such as Binance).
Investment management platform: In 2023, a customized investment management system (undisclosed specific name) will be used internally to support the tracking, analysis, and trading decisions of blockchain assets.
Exchange interface: In 2023, the company's shares will be traded through the Aquis exchange (Access Segment, symbol: PNIX), and investors can participate through the broker platform (such as Interactive Brokers). The platform does not provide a retail user interface, and investment activities are mainly executed by internal teams through blockchain protocols and exchanges. In 2023, the company did not disclose whether it develops independent trading software or APIs, and did not disclose multi-language support or user experience data. Investment management relies on third-party blockchain infrastructure (such as Ethereum) and does not report technical glitches or security breaches.
★ Deposit and withdrawal methodsPhoenix
Digital Assets PLC, as an investment company, does not directly provide user-facing deposit and withdrawal services, and its fund flow is managed through the following method:
cryptocurrency transfer: In 2023, manage crypto asset investments through blockchain wallets (such as MetaMask), involving tokens such as ETH and BTC, and pay gas fees (blockchain transaction fees, depending on network congestion).
Fiat currency transactions: Shareholders' funds were processed in 2023 via bank transfers (e.g. the return of the £33.7 million tender offer in May 2023) and deposited with a UK Tier 1 bank, with the name of the bank not disclosed.
Dividend distribution: Distribution of funds to shareholders in 2023 through Aquis Exchange and Computershare Investor Services PLC (registered address: The Pavilions, Bridgwater Road, Bristol, BS13 8AE), the exact amount of the dividend was not disclosed. The deposit and withdrawal process is limited to shareholders and internal investment operations, subject to KYC/AML requirements, and does not disclose the specific fee structure or processing time. In 2023, the company recorded crypto asset transactions through blockchain transparency, without reporting fund losses or compliance issues.
★ Customer Support & EmpowermentPhoenix
Digital Assets PLC empowers shareholders and start-ups by:
Investor Information: Portfolio updates, such as the May 2023 tender offer details, will be provided in 2023 through the Aquis Exchange RNS announcement and the company's website.
Startup support: Provide technical advice, financing channels and marketing for blockchain startups in 2023, and the specific supported projects will not be disclosed in 2023.
Community Interaction: Share blockchain industry updates through LinkedIn and Twitter (specific accounts are not disclosed) in 2023 to attract potential investors. In 2023, the company strengthened shareholder trust through transparent governance (QCA Code) without disclosing specific training programs or community sizes. No customer complaints or support delays were reported, and 2023 LinkedIn feedback showed that shareholders were satisfied with the tender offer response.
★ Core Business & ServicesPhoenix
Digital Assets PLC's core business is blockchain asset investment and incubation, and its main services include:
Crypto asset investment: In 2023, through direct investment in large-scale, Cryptocurrencies with high liquidity (such as BTC and ETH) obtain market returns, and the specific composition of the portfolio is not disclosed.
NFT project support: Invest in and incubate NFT-related startups in 2023, with key areas including digital art, metaverse and social NFTs, with specific projects not disclosed.
Blockchain startup incubation: In 2023, through equity investment and strategic support, incubate Web3, DeFi and blockchain infrastructure companies to assist in their technology development and market promotion.
Strategic Consulting: Providing strategic planning, fundraising, and compliance advice to blockchain startups in 2023, relying on the industry experience of the executive team (Jonathan Bixby, etc.). Clients include institutional investors (funds, family offices), high net worth individuals and blockchain start-ups. The operating model generates income through investment income, equity appreciation and incubation project sharing.
★ Technical BasisPhoenix
Digital Assets The technical infrastructure of the PLC is based on the blockchain and the internal management system:
Blockchain protocol: support Ethereum, BNB Chain and other networks in 2023, Perform crypto asset trading, NFT investment, and smart contract operations.
Investment management system: In 2023, a customized platform (undisclosed name) will be used internally, integrating blockchain data analysis, investment tracking, and risk assessment functions.
Exchange interface: In 2023, share trading will be supported through the Aquis exchange (Access Segment) and third-party broker platforms (such as Computershare) will be integrated.
Data security: In 2023, encrypted communication (SSL/TLS) and multi-signature wallets (requiring multi-party authorization to improve security) were adopted to protect crypto assets, and specific security measures were not disclosed. In 2023, the company reported no hacking incidents or technical glitches, did not disclose whether it uses cloud hosting (such as AWS) or specific infrastructure details. The technology relies on third-party blockchains (such as Ethereum) and exchanges, and the self-developed technology platform is not disclosed.
★ Compliance & Risk Control SystemPhoenix
Digital Assets PLC's compliance and risk control system is based on UK regulatory requirements and blockchain transparency:
KYC/AMLIn 2023, shareholders and investment partners are required to pass identity verification, in line with FCA anti-money laundering standards, KYC data is stored through encryption, and the specific verification process is not disclosed.
Transaction monitoring: In 2023, crypto asset transactions will be recorded through the blockchain to detect abnormal activities in real time (such as wash transactions, price gouging through fake transactions) to reduce the risk of fraud.
Smart contract security: Smart contracts that rely on blockchains such as Ethereum in 2023 have not disclosed whether they have been audited by a third party (such as OpenZeppelin) and have not reported vulnerabilities.
Corporate Governance: In 2023, the Board of Directors oversees investment risk and compliance in accordance with the QCA Corporate Governance Guidelines, and in 2023 ensures financial transparency through annual independent audits. In 2023, the company reported no compliance breaches or regulatory penalties, and the £33.7 million tender offer in May 2023 demonstrated solid money management. Failure to disclose the results of external regulatory audits or specific risk control processes, KYC verification may result in delays in the initial investment.
★ Market Positioning & Competitive AdvantagePhoenix
Digital Assets PLC is positioned as a blockchain investment and incubation company focusing on crypto assets and Web3 startups. Its competitive advantages include:
Listing transparency: As an Aquis Exchange listed company in 2023 (symbol: PNIX), it provides transparent financial and investment information that is superior to non-public crypto funds.
Industry experience: Led by senior executives such as Jonathan Bixby in 2023, with successful listing cases such as Argo Blockchain, to enhance investment decision-making capabilities.
Diversify your investments: Cover cryptocurrency, NFT, and blockchain startups in 2023 to diversify the risk of market volatility.
Incubation support: Supporting start-ups through strategic consulting and financing in 2023, as opposed to traditional investment firms that only provide funding. Compared to Galaxy Digital (a global crypto investment company) or CoinShares (crypto asset management), Phoenix Digital Assets has an advantage in the openness and blockchain incubation support of the Aquis exchange, but the market size is smaller, and the portfolio size in 2023 is not disclosed.
★ Social Responsibility & ESG
Phoenix Digital Assets PLC's Social Responsibility Information Limited:
Technology Enablement: By Investing in Blockchain Startups in 2023, Promote the development of Web3 and DeFi technologies, and indirectly support the inclusion of the digital economy.
Transparent governance: In 2023, we will follow the QCA Corporate Governance Code and regularly disclose financial and investment information to enhance market trust. Failure to disclose specific environmental and social governance (ESG) initiatives, such as carbon emissions data or public welfare projects. In 2023, blockchain projects (such as Ethereum) may involve high energy consumption (Proof-of-Work mechanism), and it is not disclosed whether it will prioritize supporting low-energy chains (such as Polygon). In 2023, no public welfare projects or social impact data were reported, and investment activities indirectly supported the popularization of blockchain technology.
★ Financial healthPhoenix
Digital Assets PLC's financial figures are as follows:
2022: The company supported initial operations through a seed round of funding (amount undisclosed) after inception, No specific revenue was disclosed for 2023.
May 2023: Completed the tender offer of 625 million shares, returning £33.7 million to shareholders, demonstrating liquidity management capabilities. As of 2023, the company has no public debt records and is listed on Aquis (symbol: PNIX) with annual independent audits to ensure financial transparency. The contraction of the NFT market in 2023 (industry TVL declines, 95% of NFT collectibles value is zero) may affect investment income, and specific revenues, earnings or balance sheets are not disclosed. In 2023, the company diversified its risk by diversifying its investments (cryptocurrency, NFTs, start-ups) and did not report new funding plans.
★ Future Roadmap
Phoenix Digital Assets PLC has not disclosed a detailed roadmap for the future, based on 2023 activity, the following are known plans:
Portfolio expansion: In 2023, it plans to increase investment in Web3, DeFi and NFT projects, and did not disclose specific target projects in 2023.
Incubation Acceleration: In 2023, it is planned to incubate more blockchain startups through strategic support, and the number of incubations in 2023 is not disclosed.
Technical optimization: In 2023, it is planned to optimize the internal investment management system and integrate more blockchain protocols, but the specific technical details were not disclosed.
Market expansion: In 2023, the company plans to attract more institutional investors and enhance shareholder trust after the tender offer in May 2023. Implementation may be subject to crypto market volatility, blockchain technology developments, or regulatory changes, and new financing plans or specific objectives (such as investment size or returns) are not disclosed. In 2023, the company announced through the Aquis exchange that it would continue to support blockchain innovation, without providing a detailed timeline.
★ Strategic Partnership Ecosystem
Phoenix Digital Assets PLC cooperates with the following institutions:
DeSo Foundation: Supporting social NFT projects through the DeSo ecosystem in 2023, The exact size of the cooperation was not disclosed.
Aquis Exchange: Offering a share trading platform through Access Segment (symbol: PNIX) in 2023, integrating Computershare Investor Services PLC to support shareholder services.
Blockchain start-ups: Investing in and incubating Web3 and DeFi projects in 2023, with the specific name of the company not disclosed. In 2023, the company did not report direct cooperation with traditional financial institutions (such as banks) or large exchanges (such as Binance), and the strategy is focused on the blockchain ecosystem. The May 2023 tender offer demonstrated close coordination with investors, with no disclosure of the amount of the partnership or specific partners.
