coindesk.com
Frankfurt, July 2, 2025 – Heidelberger Beteiligungsholding AG has announced that it has commenced its strategic accumulation of SQD tokens. The German investment firm, whose shares are traded on the Frankfurt Stock Exchange (ticker: IPOK), will soon be renamed SQD.AI Strategies AG, indicating its commitment to backing SQD’s data network.
The acquisition of SQD tokens initiated by Heidelberger Beteiligungsholding includes a combination of OTC deals and market purchases, signaling the start of a broader long-term investment strategy. For the fiscal year 2025, the company plans to raise up to €50 million to acquire, hold, and stake SQD tokens, reinforcing its intent to support and grow the SQD ecosystem.
Chairman Clemens Jakopitsch, who made the original investment in SQD on behalf of the Piëch Family Office, commented: “We see powerful crypto tailwinds on multiple fronts. The broader crypto market is gaining institutional momentum, especially with two landmark regulatory frameworks expected to pass the U.S. Senate in July. At the same time, the convergence of data and AI is emerging as the most critical technological shift of our time. SQD is uniquely positioned at the heart of both.”
