AB1
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0.00% 18.0¢ abarta resources limited

75% Valuation Mark Down

  1. wop9rs
    27 Posts.
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    10/08/24
    23:27
    Post #: 75155866
    Animoca Brands’ 75% valuation markdown on secondary market signals NFT fatigue


    Animoca Brands was valued at $5.9 billion in a 2022 fundraise.
    Its valuation is now trading around $1.5 billion on secondaries, says Yat Siu.
    “It’s just information mismatch,” co-founder adds.

    https://www.dlnews.com/articles/snapshot/yat-siu-says-animoca-trading-lower-on-secondary-markets/
    AB1 Price at posting: 18.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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