AQRU plc - Launch of AQRU Trend

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Press Release

8 July 2022

AQRU PLC

("AQRU" or "the Company")

Launch of AQRU Trend

AQRU plc (AQSE: AQRU), an incubator specialising in decentralised finance ("DeFi"), is pleased to announce that its wholly owned subsidiary, Accru Finance Ltd. ("Accru Finance"), has launched AQRU Trend, a high-return strategy optimised for cryptocurrencies designed to enable retail investors to diversify, capture market upside, limit market downside, and access the competitive returns available in the crypto market.

AQRU Trend, available through Accru Finance's cryptocurrency trading platform AQRU.io, actively tracks market movements and uses an algorithm that automatically assesses a weighted basket of 10 leading cryptocurrencies (excluding stablecoins, security tokens, and tokens constituting specified investments) based on factors including the price momentum and volatility of each coin and adjusts the portfolio for expected market trends.

For example, if data suggests that the value of the cryptocurrencies in the basket is likely to fall, the algorithm reduces the weightings of the cryptocurrencies in the basket in exchange for USD Coin ("USDC"), a cryptocurrency that is designed to track the value of the US dollar, in order to reduce the risk. Funds held in USDC generate a yield of 3%. The AQRU Trend portfolio is rebalanced on a weekly basis to ensure the weightings of the different cryptocurrencies, including USDC, are maximising customers' potential returns while mitigating their risk.

Expansion of product offering

AQRU Trend is part of Accru Finance's efforts to expand its offering and enable customers to take advantage of all the opportunities available in DeFi. It follows the recent launch of AQRU Exchange, an easy-to-use, cost-effective and secure cryptocurrency exchange platform that enables users to easily exchange their fiat currency, such as EUR and GBP, and existing crypto assets, to other cryptocurrencies. All the tokens available on AQRU Exchange have been hand-picked by Accru Finance's team of cryptocurrency analysts to ensure that only assets with acceptable risk and reward profiles are offered to customers.

AQRU Exchange provides clear and transparent information about the fees and exchange rates typically incurred by investors in digital assets. Users are only required to pay a single one-off fee of 0.35% on the entire exchange value, and the exchange rates provided are on par with the rates usually offered to institutional investors. All fiat bank transfers in and out of the solution are free.

Philip Blows, CEO of AQRU, commented: "With the launch of AQRU Trend and AQRU Exchange, Accru Finance is strengthening its presence in the DeFi sector by expanding its current portfolio beyond yield products. This enables investors to take a balanced portfolio approach to the opportunities available in the decentralised markets, without having to worry about taking on excessive levels of risk or hidden transaction fees. Accru Finance is committed to continue developing solutions to ensure our customers can experience DeFi at its fullest."

Kamelia Gankova, Managing Director of Accru Finance, commented: "Accru Finance is rapidly becoming a one-stop shop for all consumers' DeFi needs. The launch of AQRU Trend gives our customers instant access to a diverse cryptocurrency portfolio, carefully selected by our experienced team. The system will allow our customers to enjoy market rises, but by transferring their cryptocurrency into USDC, it also works to protect them from market volatility. AQRU Trend and AQRU Exchange demonstrate Accru Finance's continuing commitment to bringing consumers the competitive returns available in DeFi."

The Directors of AQRU plc take responsibility for this announcement.

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About AQRU PLC:

AQRU is an incubator specialising in opportunities in decentralised finance (DeFi), a disruptive technology using blockchain and cryptocurrencies to remove financial intermediaries from transactions, creating a cheaper, more efficient and more secure way of providing financial services. Listed on the Aquis Exchange in London, we apply our expertise to the business operations and strategic plans of FinTech companies in the UK, USA and Canada, and act as an accelerator for start-ups and early-stage companies. www.aqruplc.com