Cryptology Asset Group Purchases Additional Block.one Shares in the amount of $49 million

Block.one, one of the world’s largest Bitcoin holders, recently unveiled their new cryptocurrency exchange launching in 2021, Bullish

VALLETTA, MALTA – EQS Newswire – 24 June 2021 – Cryptology
Asset Group (ISIN: MT0001770107; Ticker: CAP:GR), a leading European investment
company for blockchain- and crypto-related businesses, founded by Christian
Angermayer and Mike Novogratz, announced it has purchased an additional $49
million worth of Block.one shares in a private transaction.

Block.one and many prominent investors recently unveiled a new subsidiary,
Bullish Global, which raised $10B in funding. Bullish Global is focused on the
2021 planned release of Bullish, a new blockchain-based cryptocurrency
exchange. Investors in Bullish Global additional to Block.One include Peter
Thiel, Alan Howard, Louis Bacon, Richard Li, Mike Novogratz, Christian
Angermayer, and Nomura. By purchasing additional Block.one shares, Cryptology
increases its indirect exposure to Bullish.

Cryptology already is one of the largest institutional investors in
Block.one, now holding approx. 4.9% of the crypto behemoth. As Block.one is a
privately held company, one of the only means for public market investors to
gain exposure to it is indirectly through holding the publicly traded shares of
Cryptology.

Cryptology founding investor, Christian Angermayer, said “Block.one is
one of the most powerful, driving forces of the crypto revolution and its CEO,
Brendan Blumer, is one of crypto’s leading visionaries. The caliber of investors
Brendan has been able to bring together for Bullish Global is astounding and a
testament to his gravitas. I am Bullish on the future of Block.one.”

Cryptology CEO, Patrick Lowry, added “Conviction is a superpower for
investors and we at Cryptology are elated to be tripling down on Brendan’s
vision for Block.one with this most recent investment. I look forward to the
launch of Bullish and the continued drive towards mainstream and institutional
adoption of crypto assets.”

Cryptology shares currently trade on several German exchanges including
Börse Düsseldorf, Gettex and Tradegate. In order to increase trading liquidity
and open up to new shareholder groups, Cryptology is currently exploring an
international listing. The ticker symbol for Cryptology was recently changed
from 4UD to CAP.

The issuer is solely responsible for the content of this announcement.