- Introducing The Block Research new comp sheet for the crypto equity and governance token universe.
- In 1Q’21 nearly $2 billion was raised through public capital markets activity, largely driven by PIPEs.
- Public crypto companies in 2021 have raised 10x the amount of capital vs 2020 raises.
- Coinbase is currently trading at 14x the current street consensus 2021 revenue estimate of $4.84B. That’s a meaningful discount to the 24-25x FY’21 revenue multiples that both Silvergate and Voyager currently command.
News Source from TheBlockCrypto.com