Neues DeFi Technologies Forum WKN: A3EQD5 ISIN: CA2449161025 Kürzel: DEFT Forum: Aktien User: Lost_in_Space
@Russ_N_Starr had some interesting comments about $DEFTF on his @stocktwits talk this morning. Some of these come from his comments and I’ve added in AUM/revenue/profit/multiple implications: - They make approx 10% in mgmt & staking fees on their ETP AUM - They’re at just under $1B in AUM now just in Europe - They’re going to double the # of ETPs available in Europe by end of month (taking them to $2B in AUM within a reasonable time) - They’re going to double the # of ETPs again by end of 2025 (taking them to $4B in AUM reasonable soon thereafter) - They’ve signed an MOU to enter Asia which could be just as large a market as Europe (taking them to $8B in AUM) - They’re focused on entering Middle East/Africa soon - again just as big a market (taking them to $16B in AUM) - At 10% in fees, they’re going to generate $1.6B a year in revenues from their ETPs (at scale in Europe, Asian, Middle East/Africa) - Add on another $100M a year in DeFi Alpha revenue and that’s $1.7B a year in revenue - Their operating costs are $10M a year - Put a Galaxy 17x forward multiple on that for just under $29B - Their crypto treasury and cash today is $60M; give that a 2.4x multiple (like $MSTR) for $144M in market cap; they will likely add more BTC, SOL, and CORE to their treasury as they’ve indicated - With 320M shares, that implies a stock price of $90/share vs. $2.85 currently - That’s not where it should trade today but could it trade there by end of 2025 with product and geographic expansion suggesting they’re on their way to $16B in crypto AUM worldwide? That’s the blue sky scenario.
@Russ_N_Starr had some interesting comments about $DEFTF on his @stocktwits talk this morning. Some of these come from his comments and I’ve added in AUM/revenue/profit/multiple implications: - They make approx 10% in mgmt & staking fees on their ETP AUM - They’re at just under $1B in AUM now just in Europe - They’re going to double the # of ETPs available in Europe by end of month (taking them to $2B in AUM within a reasonable time) - They’re going to double the # of ETPs again by end of 2025 (taking them to $4B in AUM reasonable soon thereafter) - They’ve signed an MOU to enter Asia which could be just as large a market as Europe (taking them to $8B in AUM) - They’re focused on entering Middle East/Africa soon - again just as big a market (taking them to $16B in AUM) - At 10% in fees, they’re going to generate $1.6B a year in revenues from their ETPs (at scale in Europe, Asian, Middle East/Africa) - Add on another $100M a year in DeFi Alpha revenue and that’s $1.7B a year in revenue - Their operating costs are $10M a year - Put a Galaxy 17x forward multiple on that for just under $29B - Their crypto treasury and cash today is $60M; give that a 2.4x multiple (like $MSTR) for $144M in market cap; they will likely add more BTC, SOL, and CORE to their treasury as they’ve indicated - With 320M shares, that implies a stock price of $90/share vs. $2.85 currently - That’s not where it should trade today but could it trade there by end of 2025 with product and geographic expansion suggesting they’re on their way to $16B in crypto AUM worldwide? That’s the blue sky scenario.
Mehr zu diesem Wert
|
|
Thema | ||
|---|---|---|---|
| 1 | DAX Hauptdiskussion | +1,99 % | |
| 2 | NVIDIA Hauptdiskussion | -1,66 % | |
| 3 | Dax Prognose | +1,99 % | |
| 4 | MICRON TECHNOLOGY Hauptdiskussion | -6,13 % | |
| 5 | für alle, die es ehrlich meinen beim Traden. | ||
| 6 | INTEL Hauptdiskussion | -0,06 % | |
| 7 | PAYPAL Hauptdiskussion | -0,31 % | |
| 8 | ROHÖL WTI Hauptdiskussion | +0,36 % | |
| 9 | Strategy B | -5,64 % | |
| 10 | Microvast | -13,38 % | Alle Diskussionen |
|
|
Thema | ||
|---|---|---|---|
| 1 | NVIDIA Hauptdiskussion | -1,66 % | |
| 2 | MICRON TECHNOLOGY Hauptdiskussion | -6,07 % | |
| 3 | PAYPAL Hauptdiskussion | -0,24 % | |
| 4 | INTEL Hauptdiskussion | -0,14 % | |
| 5 | Microvast | -13,38 % | |
| 6 | IPO CSG | -0,17 % | |
| 7 | Strategy B | -6,43 % | |
| 8 | Poet Technologies | -11,05 % | |
| 9 | Leap Therapeutics | -3,65 % | |
| 10 | Canopy Hauptforum | -3,43 % | Alle Diskussionen |