First Growth Funds Ltd C.FGFL

Alternate Symbol(s): MTOMF

First Growth Funds Limited is an Australia-based investment company. The Company invests across a range of asset classes, including listed equities, private equity, blockchain and digital assets. The Company manages a diversified portfolio of different asset classes, including large and small cap listed equities, private equity, pre-initial public offering (IPO) investments, blockchain equity investments, and initial coin offerings. The Company also operates an advisory business providing corporate advisory, capital raising, and capital markets support to its portfolio. The Company's investment portfolio includes technology, medical, mining, and oil and gas sectors.

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First Growth Funds Ltd

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Post by TechStocksRpton May 25, 2021 11:25am

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Post# 33259873

FGFL Exits Ethereum Holding for 1822% ROI netting $859,852

First Growth Funds Makes $859,852 Profit from Sale of Ethereum

ACCESSWIRE / May 25, 2021 / First Growth Funds Limited (CSE:FGFL) is pleased to announce it has successfully sold 255.5 Ethereum tokens for $907,052. The Company invested $47,200 and booked $859,852 cash profit from the sale.

The Ethereum investment was held for approximately 2 years and resulted in over 1,822% return on investment. The cryptocurrency market has experienced high levels of volatility over the past couple of weeks and First Growth Funds was able to sell its Ethereum investment in a short window well above current price levels.

About First Growth Funds Limited

First Growth Funds Limited invests across a broad range of asset classes including listed equities, private equity, blockchain and digital assets. The company also operates an advisory business providing corporate advisory, capital raising and capital markets support to its portfolio. www.firstgrowthfunds.com

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