Analysts value the Digital Currency Group at four billion US dollars
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Picture by Pixabay
DCG has a wide range of different crypto brands, such as Genesis, Grayscale and Coindesk, which generate an annual turnover of approximately 243 million US dollars. The company also owns Bitcoin (BTC), Ethereum (ETH) and a dozen other cryptocurrencies.
How would the Digital Currency Group (DCG) be rated if it went public? Analysts at Messari now provide an answer to this question.
Advertise with us : Advertise
Purdy is less concerned with an actual DCG IPO. There is currently no evidence for this. Rather, he wants to give an impression of the magnitude and potential extent.
TheBitcoinNews.com – Bitcoin News source since June 2011 –
For years there has been speculation as to which company in the crypto industry will be the first to go public. Although some companies that are involved in blockchain technologies were already listed on the stock exchange in the past, these were not pure crypto companies such as DCG or Coinbase. Purdy commented on this consideration:
However, the company did not respond to the request for comment. However, the company’s founder and CEO, Barry Silbert, said he wanted to transform DCG into the Berkshire Hathaway of crypto technology.
Once that happens, it could be crypto’s Netscape moment, where a high-profile IPO triggers a flurry of subsequent offerings that fuel investor excitement to get involved in the emerging but rapidly growing industry.
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Send bulk sms with Bitcoin and don’t worry If your link gets reported. We are constantly monitoring your links and We’ll pause your campaigns if any issue…