Bullish reversal/undervalued crypto play
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 22B with 22B 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 22B with 22B 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.
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