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Heidelberger Beteiligungsholding AG Begins Acquiring SQD Tokens and Prepares to Rename as SQD.AI Strategies AG

Heidelberger Beteiligungsholding AG Begins Acquiring SQD Tokens and Prepares to Rename as SQD.AI Strategies AG

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.'
"This marks a pivotal moment for SQD,' said Marcel Fohrmann, Co-Founder of SQD.AI. 'The commitment from SQD.AI Strategies AG reflects growing recognition that real-time, intelligent data infrastructure is now core to competitive advantage. As AI systems become more autonomous and tokenized economies scale, the demand for high-performance, onchain-native data is accelerating—and SQD is built to meet that demand."
The upcoming name change to SQD.AI Strategies AG emphasizes the company's focus on becoming the leading listed vehicle for exposure to SQD, which forms a foundational layer in the tokenized, AI-powered future of data infrastructure.
Operating as a decentralized data-lakehouse, SQD transforms raw onchain events into institutional-grade datasets streamed via ultra-low-latency APIs. Backed by a global community of developers and data providers, SQD is creating a permissionless alternative to Bloomberg and Snowflake that is optimized for AI agents and tokenized assets.
Heidelberger Beteiligungsholding AG is Germany's first dedicated crypto treasury company. As a listed investment vehicle, it focuses exclusively on the long-term accumulation, holding, and staking of SQD tokens — the native asset of the Subsquid network. With a conviction-led strategy rooted in the convergence of AI and blockchain, the company aims to provide shareholders with direct exposure to one of the most promising data infrastructure plays in Web3.
About SQD Network
SQD Network is a hyper-scalable modular data platform that combines a decentralized data lake with a highly efficient query engine to unlock new functionality for dApps, AI agents, analytics, and ZK Proofs/TEE by providing blazing-fast blockchain indexing. By replacing reliance on RPCs for querying chains, SQD facilitates retrieval of onchain data at scale, powering seamless user and builder experiences.
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time2 hours ago

  • New York Post

Space capsule carrying ashes of 166 people — and cannabis seeds — lost after crashing into Pacific Ocean

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