Express
The Market Cap of DCG Could Rake In $4B After It Goes Public, Report Says
Summary: Messari analyst Jack Purdy released a new report stating that after Digital Currency Group (DCG) goes public, its market value may exceed $4 billion. Purdy reaches his conclusion by analyzing quarterly updated data, publicly available information, and similar fintech companies' average price-to-sales ratio. DCG owns or invests in a number of well-known companies including Genesis, Grayscale, and ...
Messari analyst Jack Purdy released a new report stating that after Digital Currency Group (DCG) goes public, its market value may exceed $4 billion.
Purdy reaches his conclusion by analyzing quarterly updated data, publicly available information, and similar fintech companies' average price-to-sales ratio. DCG owns or invests in a number of well-known companies including Genesis, Grayscale, and Coindesk, etc. Its digital operators generate approximately $243 million in annual revenue.
By Mary Liu
Tags: DCG,Digital Currency Group,Genesis,Grayscale,Market value
Link: The Market Cap of DCG Could Rake In $4B After It Goes Public, Report Says [Copy]
