★ Company Profile
Phoenix Digital Assets PLC is a British blockchain investment company, the full name of Phoenix Digital Assets PLC, founded on March 3, 2020 and 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 startups and technology development through its portfolio. The corporate structure includes investment management, project incubation, and compliance departments.
★ Regulatory Information
According 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 Products
Phoenix Digital Assets PLC specializes in blockchain asset investment, offering the following trading products:
Cryptocurrency Investment: In 2023, it supports large-scale, Highly liquid crypto assets (such as Bitcoin and Ethereum) can 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, without disclosing specific project names.
Blockchain Startup Equity: Supporting 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 has not disclosed specific portfolio or trading volume data, and its investments are realized indirectly through open market trading on the Aquis exchange (ticker: PNIX). The trading products do not involve forex, 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 6.25 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 Software
Phoenix Digital Assets PLC does not directly provide trading software for the general public, and its investment activities are supported through
blockchain protocols: In 2023, use smart contracts from Ethereum and other blockchain networks to execute crypto asset transactions and NFT investments, 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 (specific name not disclosed) will be used internally to support the tracking, analysis, and trading decisions of blockchain assets.
Exchange Interface: In 2023, trading of company shares will be supported through the Aquis Exchange (Access Segment, ticker: PNIX), and investors can participate through broker platforms such as Interactive Brokers. The platform does not provide a retail user interface, and investment activities are primarily executed by an internal team through blockchain protocols and exchanges. In 2023, the company did not disclose whether it developed independent trading software or APIs, and did not disclose multilingual support or user experience data. Investment management relies on third-party blockchain infrastructure (such as Ethereum) and has not reported technical glitches or security vulnerabilities.
★ Deposit and withdrawal methods
Phoenix Digital Assets PLC, as an investment company, does not directly provide user-facing deposit and withdrawal services, and its fund flow is managed through
cryptocurrency transfers: 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: Handling shareholder funds through bank transfers in 2023 (such as the £33.7 million tender offer return in May 2023), deposited in UK Tier 1 banks, without disclosing the specific bank name.
Dividend Distribution: Funds were distributed to shareholders in 2023 through the Aquis Exchange and Computershare Investor Services PLC (registered address: The Pavilions, Bridgwater Road, Bristol, BS13 8AE), without disclosed specific dividend amounts. The deposit and withdrawal process is limited to shareholders and internal investment operations, subject to KYC/AML requirements, with no specific fee structure or processing time disclosed. In 2023, the company transparently recorded crypto asset transactions through blockchain and did not report loss of funds or compliance issues.
★ Customer Support and Empowerment
Phoenix Digital Assets PLC empowers shareholders and startups through
investor information: Portfolio updates are provided in 2023 through the Aquis Exchange RNS announcement and the Company's website, such as the May 2023 tender offer details.
Startup Support: Provide technical consultation, financing channels, and marketing for blockchain startups in 2023, and do not disclose specific supported projects in 2023.
Community Interaction: Share blockchain industry updates through LinkedIn and Twitter (specific accounts 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 size. No customer complaints or support delays were reported, and 2023 LinkedIn feedback showed shareholder satisfaction with the tender offer response.
★ Core Business and Services
Phoenix Digital Assets PLC's core business is blockchain asset investment and incubation, and its main services include:
crypto asset investment: In 2023, direct investment in large, highly liquid cryptocurrencies (such as BTC and ETH) to 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, we will incubate Web3, DeFi, and blockchain infrastructure companies through equity investment and strategic support, assisting in their technology development and marketing.
Strategic Consulting: Provide strategic planning, financing, and compliance advice to blockchain startups in 2023, relying on the industry experience of the executive team (Jonathan Bixby, etc.). The service targets 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 Foundation
Phoenix Digital Assets PLC's technical infrastructure is based on blockchain and internal management system:
Blockchain protocol: Supports 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, it will support share trading through the Aquis Exchange (Access Segment) and integrate third-party broker platforms (such as Computershare).
Data security: In 2023, encrypted communication (SSL/TLS) and multi-signature wallets (requiring multiple authorizations to enhance security) were used to protect crypto assets without disclosed specific security measures. In 2023, the company did not report hacking incidents or technical failures, and did not disclose whether it used 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 publicly available.
★ Compliance and Risk Control System
Phoenix Digital Assets PLC's compliance and risk control system is based on UK regulatory requirements and blockchain transparency:
KYC/AML: In 2023, shareholders and investment partners are required to pass identity verification, comply with FCA anti-money laundering standards, and KYC data is stored encrypted, without disclosed specific verification processes.
Transaction Monitoring: In 2023, crypto asset transactions are recorded through the blockchain, detecting abnormal activities (such as wash transactions, inflating prices through fake transactions) in real time to reduce fraud risks.
Smart contract security: Smart contracts that rely on blockchains like Ethereum in 2023 do not disclose whether third-party audits are conducted (such as OpenZeppelin) and vulnerabilities are not reported.
Corporate Governance: In 2023, the Board of Directors oversaw investment risks and compliance, and in 2023, it passed annual independent audits to ensure financial transparency. In 2023, the company reported no compliance violations or regulatory penalties, and the £33.7 million tender offer in May 2023 showed solid fund management. Without disclosing external regulatory audit results or specific risk control processes, KYC verification may lead to delays in initial investment.
★ Market Positioning and Competitive Advantage
Phoenix 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 a listed company on the Aquis Exchange (ticker: PNIX) in 2023, it provides transparent financial and investment information, outperforming private crypto funds.
Industry Experience: Led by executives like Jonathan Bixby in 2023, with successful listings like Argo Blockchain, enhancing investment decision-making capabilities.
Diversified Investments: Covering cryptocurrency, NFT, and blockchain startups in 2023 to diversify market volatility risks.
Incubation Support: Supporting startups through strategic consulting and financing in 2023, distinguishing itself from 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 of the Aquis exchange and blockchain incubation support, but the market size is small, and the portfolio size in 2023 is not disclosed.
★ Social Responsibility & ESG
Phoenix Digital Assets PLC's Social Responsibility Information Limited:
Technology Empowerment: By investing in blockchain startups in 2023, Promote the development of Web3 and DeFi technologies, indirectly supporting the inclusiveness of the digital economy.
Transparent Governance: In 2023, it adheres to the QCA Corporate Governance Guidelines and regularly discloses financial and investment information to enhance market trust. Specific environmental and social governance (ESG) initiatives, such as carbon emission data or public welfare projects, were not disclosed. In 2023, the blockchain projects invested in (such as Ethereum) may involve high energy consumption (Proof-of-Work mechanisms), and it is not disclosed whether it prioritizes supporting low-energy chains (such as Polygon). No public welfare projects or social impact data were reported in 2023, and investment activities indirectly support the popularization of blockchain technology.
★ Financial Health
The financial data of Phoenix Digital Assets PLC are as follows:
2022: After the company was established, it supported initial operations through a seed round of financing (amount not disclosed), Specific income was not disclosed in 2023.
May 2023: Completed the tender offer of 6.25 million shares, returning 3370 pounds to shareholders, demonstrating liquidity management capabilities. As of 2023, the company has no public debt record and is a public company with Aquis (ticker: PNIX), ensuring financial transparency through annual independent audits. The contraction of the NFT market in 2023 (industry TVL decline, 95% of NFT collection value zeroing) may affect investment returns, with no specific revenue, earnings, or balance sheets disclosed. In 2023, the company diversified its investments (cryptocurrencies, NFTs, startups) and did not report new funding plans.
★ Future Roadmap
Phoenix Digital Assets PLC has not disclosed a detailed future roadmap, based on 2023 activities, with the following known plans:
Portfolio Expansion: Plans to increase investment in Web3, DeFi, and NFT projects in 2023, with no specific target projects disclosed in 2023.
Incubation Acceleration: In 2023, it plans to incubate more blockchain startups through strategic support, with the number of incubations not disclosed in 2023.
Technical Optimization: In 2023, it plans to optimize its internal investment management system and integrate more blockchain protocols, without disclosing specific technical details.
Market Expansion: Plans to attract more institutional investors in 2023, with enhanced shareholder trust following the May 2023 tender offer. The specific implementation may be affected by crypto market fluctuations, blockchain technology developments, or regulatory changes, and new financing plans or specific targets (such as investment size or income) 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 Cooperation Ecosystem
Phoenix Digital Assets PLC has partnered with the following institutions:
DeSo Foundation: In 2023, it will support social NFT projects through the DeSo ecosystem, The specific scale of cooperation was not disclosed.
Aquis Exchange: Provided a share trading platform through Access Segment (ticker: PNIX) in 2023, integrating Computershare Investor Services PLC to support shareholder services.
Blockchain Startups: Investing in and incubating Web3 and DeFi projects in 2023, with no specific business names disclosed. In 2023, the company did not report direct cooperation with traditional financial institutions (such as banks) or large exchanges (such as Binance), and its strategy focused on the blockchain ecosystem. The May 2023 tender offer indicates close coordination with investors, with no disclosure of the amount of cooperation or specific partners.
