Business Description
KR1 Plc is a company founded in 2006 and headquartered in Douglas, Isle of Man, that invests in and earns returns from cryptocurrency and blockchain-based assets. It generates income primarily by participating in proof-of-stake networks, where it locks up digital assets to help validate transactions in exchange for rewards. The company was previously called Kryptonite 1 Plc before adopting its current name in February 2018.