ACCESSWIRE
01 Dec 2022, 08:31 GMT+10
STOCKHOLM, SE / ACCESSWIRE / November 30, 2022 / Hilbert Group (STO:HILB-B)(FRA:999)
Nov 30, 2022
The third quarter 2022
(compared to third quarter 2021)
Year to date January - September
Highlights from the CEO's address
General
The FTX collapse, and related secondary collapses, have nothing to do with digital assets and blockchain, and everything to do with fraudulent behaviour and/or lack of sound corporate governance. History is riddled with examples like this in traditional finance. Lessons to take away:
Asset Management
In spite of all the debacles of 2022, the institutional interest in crypto remains strong. Most traditional financial institutions realise crypto/blockchain is here to stay. Although market neutral funds are the flavour of choice, more and more institutions are now also looking to assume directional exposure at what they deem to be, favourable price levels. Hilbert Group is now starting to reap the rewards of the strong sales organisation that Richard Murray, CEO of Hilbert Capital, has put together since joining in July.
COIN360
Several important milestones have been completed for Coin360 over the past couple of months. Last quarter we also streamlined the Coin360 organisation and the company is now well positioned to weather any long-lasting crypto winter. Coin360 is majority owned by Hilbert Group.
Venture
Despite a very tough year for crypto markets, HAYVN crypto investment bank has continued to grow strongly throughout 2022 - headline items are:
HAYVN is also currently considering a bid for the FTX payments business.
For further information, please contact:
Niclas Sandström
CEO Hilbert Group AB
+46 (0)8 502 353 00
ir@hilbert.group
About Us
Hilbert Group AB is an investment firm with sole focus on digital assets, primarily cryptocurrencies and blockchain technologies. The business model is diversified into four verticals - asset management, proprietary trading, equity investments and data & analytics.
Hilbert Group's vision is to be a world class digital asset investment firm with the ambition to provide first class services to its clients and shareholders, to help accelerate the technological revolution that is digital assets, and to expand people's knowledge of this emerging asset class.
Hilbert Group is listed on Nasdaq First North Growth Market (ticker HILB B) with Eminova Fondkommission (phone +46 8 684 211 10 | adviser@eminova.se) as Certified Adviser.
This information is information that Hilbert Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-11-30 23:05 CET.
Attachments
SOURCE: Hilbert Group
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