Things that stood out to me, was mainly looking for hard numbers:
- revenue from ICOs and consulting decreased by ~50% compared to last quarter
- total cash, digital assets and fund units decreased by ~$1.3m compared to last quarter. Crypto holding value decreased by ~$900k compared to last quarter
- Coinbase revenue increased by 200%, would have preferred an actual $ figure for the profit rather than the term ‘modest’, so hopefully next quarter it should have grown to a level that they include the profit.
Given bearish sentiment towards crypto market I’m really not surprised that ICOs have nose dived. As somebody with an extremely large paper loss currently (my fault for poor risk management) I’m cautiously optimistic for
the developments with STOs, at the very least the fundamentals are much more robust then when the SP peaked at 40c
Things that stood out to me, was mainly looking for hard...
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