DCC 2.04% 5.0¢ digitalx limited

Ann: DigitalX signs corporate advisory engagement with Etherparty, page-40

  1. 336 Posts.
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    Yes I would have to agree. It seems to me DCC is almost behaving like an investment bank for the crypto sector. They procured over 10% of the money raised for the companies preICO, a very impressive feat, set etherparty up to be listed on the ACX and are providing financial advice throughout the ICO. Instead of underwritting securities they are kind of underwriting digital tokens, they are also providing liquidity via BGLs ACX, And are providing financial advice. They seem to tick all the boxes of investment bank duties. A few months ago DCC was "the uber of money remittance" but now they are more like "the Goldman and Sachs or Macquarie bank of the crypto sector". Weather or not they gain as much traction or not is another story, but still, imagine what can happen once they start to turn a profit and have some decent equity. We could be looking at the very first crypto specialised investment bank!
 
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