Science Blockchain Releases Q1 2024 SCI Token NAV

Science Inc.
5 min readApr 16, 2024

Santa Monica, CA — April 16, 2024 — Science Blockchain Pte Ltd., the premier startup studio investing in and building blockchain technology companies, today announces that the NAV of each SCI token as of March 31, 2024 is $.80, based on the NAV of the underlying portfolio Science Blockchain Holdings, LP. Note: the NAV does not include portfolio company tokens that have been previously distributed to tokenholders.*

The NAV is a $0.22 increase from the $.58 NAV reported for the period ending December 31, 2023. The rise is due to the increase in spot pricing of BTC since December 31, 2023, the fund’s treasury management strategies, minus fees and expenses.

Wave Digital Assets (previously Wave Financial Group, equity) released its 2024 Digital Asset Market Trends and Outlook Report, where viewers can join David Siemer, CEO & Co-Founder, and Ben Tsai, Co-Founder & President, for a discussion on the state of the market, including the impact of the ETF, the resurgence of RWAs, and an international review of the macro, regulatory, and crypto market environment.

Dapper Labs (equity via RCapital SPV VI), the company behind the Flow blockchain and NFT platform NBA Top Shot recently launched its newest game, Fast Break. The company is also pursuing a series of acquisitions, according to CoinDesk.

This quarter Aventus (AVT) announced the appointment of Michael Johnson as Chief Sales Officer. Aventus founder Alan Vey wrote an article on Web3 and Decentralized Energy Networks and highlighted how blockchain technologies can help make airport cargo operations more efficient in Airport Technology. Note, as of March 31, 2024, Science Blockchain has distributed 172,294 AVT to tokenholders — AVT is currently trading on Coinbase, priced at $4.69 as of March 31, 2024, per CoinMarketCap. AVT hit a high of $11.70 on Coinbase on March 9, 2024.

The next token upgrade event is scheduled for Q2 2024. Token upgrades are now completed on a biannual basis. Please ensure you have completed the upgrade process — including registering a wallet that you control — in order to receive SCI2 tokens. For those who are holding tokens in treasury and have registered a wallet address, we will also conduct SCI2 disbursements from treasury to registered wallets during the upgrade. Token distribution events to new SCI2 tokenholders will follow the upgrade and treasury disbursements — these events will include any undistributed portfolio tokens. Please note: Portfolio company tokens, including those held on Tokenhub as well as future portfolio company token distributions, will ONLY be distributed to those token holders who have completed the token upgrade process and hold SCI2 tokens in a registered wallet.

The Science Blockchain portfolio includes the following:

  • Cash
  • Bitcoin (BTC)
  • Protego Trust Company (equity)
  • Wave Digital Assets (previously Wave Financial Group) (equity)
  • Dapper Labs (equity) via RCapital SPV VI
  • Other token investments

You can find the breakdown of the Science Blockchain portfolio below:

*Total portfolio company tokens previously distributed to token holders as of March 31, 2024:

The Science Blockchain team appreciates the trust and support of the SCI tokenholders and is committed to earning that trust each day through executing its investment strategy.

As a reminder, all original SCI tokens, including those remaining on Tokenhub, are now frozen. Upgraded SCI tokens are available through the Securitize platform and the upgrade process is now open to all Science Blockchain investors at All SCI token holders who received their tokens via Tokenhub as part of the original issuance of the SCI tokens have received an email at the email address provided during the original SCI issuance process with instructions on how to access their Science Blockchain Investor Dashboard. Token holders can also access their dashboard directly by registering using that same email via

The latest token upgrade process was completed in Q4 2023. The Science Blockchain Investor Dashboard is now live at The Science Blockchain Investor Dashboard also allows token holders to manage their SCI2 tokens once they have completed the upgrade process and have received SCI2 tokens.

Reminder for token holders to complete the token upgrade process if they have not already done so. In order to receive SCI2 tokens in future upgrades, you MUST register a wallet address. Further, token holders will need to have upgraded SCI tokens (SCI2 tokens) in a registered wallet in order to receive portfolio company tokens that were held on Tokenhub and portfolio company token distributions. Please visit for more information and to complete the upgrade process as soon as possible.

SCI Token holders are encouraged to register and visit for current information.

About Science Blockchain

Science has been helping entrepreneurs build successful businesses for more than six years, during which time it has funded or founded more than 85 companies, and has had $1.3B in aggregate portfolio company exits. Science Blockchain, the first incubator in the world to be funded by its own tokenized compliant securities offering (token: SCI), intends to continue this history of successful company building by helping incredible blockchain entrepreneurs create and scale the software giants of the next century. We do this in three primary ways: 1) incubating promising early stage blockchain ventures, 2) engaging on a very limited and selective basis, with companies looking to take advantage of the possibilities presented by tokenized economies, and 3) investing in compliant private offerings of blockchain businesses. The unique token structure of SCI allows us to distribute 70% of the total tokens that Science Blockchain receives through our incubation and investment strategies directly to the SCI token holders. For more details, please visit

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