Real assets? Sure, NVX has real assets, physical assets which were purchased thanks to the shareholders money. However, it is yet to generate any value out of these real assets. There are many companies that have had real assets, but didn't make it. Some never even intended to make it. In this sense, it is not much different from crypto. Once NVX starts actually generating money, and not only generating money but profits, we can talk about fundamentals and share price going up based on actual fundamentals. According to my current thesis, it won't happen. However, as I have always said, I am open to change my view if I see a fundamental shift.
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