Yes but these are fully owned subsidiary and their market cap at fully diluted valuation. So the company doesn’t own the tokens assets 100% but they do hold a material portion.
The full diluted valuation of the fully owned subsidiary is still an indication of how much those subsidiary are worth as a whole. The tokens are backed by the game itself, much like shares in a company is backed by the company itself and hence the SP of a company and fully diluted = its market cap. So here is the same. As the companies that issued the tokens in discussion here are fully owned subsidiary of AB1, it makes AB1 very valuable.. dyor
