Heidelberger/SQD - the first Crypto Treasury Company in Germany
Crypto treasury companies are rapidly gaining popularity in the US, with MicroStrategy
$MSTR leading the pack. Newly formed examples include Tether-backed Twenty One Capital
$CEP, Janover
$JNVR (focused on Solana), and Ether Capital (focused on Ethereum).
These publicly listed companies offer both retail and institutional investors easy access to specific crypto tokens - at a time when direct buying, custody, and trading remain complex and restricted for many.
Unlike traditional ETFs, these companies often participate in the underlying ecosystems - through staking, governance, or partnerships – and use innovative financing and optimization tools, offering investors indirect yet strategic and enhanced exposure.
As regulatory uncertainty continues to cloud direct access to crypto in many regions, these crypto treasury firms are emerging as key conduits between public markets and the decentralized world.
In doing so, they bring one thing to crypto markets that has been missing so far: diamond hands. Yes, crypto tokens are extremely liquid - often more so than stocks of comparable market cap - but most trading is driven by short-term momentum players (aka day traders). While long-term conviction is often voiced passionately, it’s rarely acted upon. Crypto treasury companies fill that gap by buying tokens for the long term - ideally, never selling.
One of
@ApeironInvests highest conviction tokens is
$SQD
SQD.AI is the first and fastest-growing decentralized database network in the world.
Founded in 2021 by Dmitry Zhelezov, PhD, and Marcel Fohrmann, the company has grown over 100% in the past 12 months and is already generating millions in revenue. It’s seen as one of the most promising innovators in the database space for AI agents and Web3 applications.
Staking the
$SQD tokens - and thus running worker nodes - ensures high-performance data processing and strong network security by incentivizing reliable node operation and defending against malicious behavior. Currently, staking yields an additional reward of approximately 10 - 12% p.a. for SQD token holders.
Strategic token holders of
SQD.AI include Elevat3 Capital (a German venture fund with a strategic partnership with Peter Thiel’s Founders Fund), as well as Zee Prime Capital, Hypersphere, Digital Finance Group, Banter Capital, and Blockchange Ventures.
The SQD token is already listed on major crypto exchanges like Bybit,
Crypto.com, and Binance - and will start trading on Coinbase tomorrow 9 am PST.
A strong third-party analysis of SQD can be found here:
omnida.substack.com/p/subsqu…
To make the SQD token more accessible to both global retail and institutional investors, my family office Apeiron has acquired a German-listed company - Heidelberger Beteiligungsholding AG (Ticker: IPOK:DE) - with the intention of refocusing it exclusively on accumulating SQD tokens.
This makes Heidelberger Beteiligungsholding AG - soon to be renamed "
SQD.AI Strategies AG" - the first German-listed crypto treasury company. The company holds approximately USD 10 million in cash and liquid assets at the moment, which will soon be invested in
$SQD.
I'm very happy to have found a strategic partner in Clemens Jakopitsch, who has already made significant investments into
$SQD on behalf of the Piëch Family Office. Clemens will join as the new Chairman of the Supervisory Board, and the Piëch Family has indicated its intent to anchor future funding rounds.
We have big plans - and intend to kick off the first convertible bond raise very soon. Stay tuned!