DEFI is reversing after drop caused by single seller. Recent financials look solid for its $22M market cap:
- $4.4M in cash + $43.9M in venture portfolio investments
- Assets under management: $191M
For some context, GLXY (Galaxy Digital) is valued at $2B with $2B in assets under management. It will probably require some help from crypto markets to catch a real run but could be a good swing trader given it's dirt cheap at current levels and cashed up for the near future.
- $4.4M in cash + $43.9M in venture portfolio investments
- Assets under management: $191M
For some context, GLXY (Galaxy Digital) is valued at $2B with $2B in assets under management. It will probably require some help from crypto markets to catch a real run but could be a good swing trader given it's dirt cheap at current levels and cashed up for the near future.