# Сопутствующие статьи по теме Valuation

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Valuation", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Kalshi's Pre-IPO Stock Price Soars, Is It Still Time to Buy?

Kalshi, a leading US-regulated prediction market platform, has seen its pre-IPO stock price surge by 21.7% in the past 30 days, significantly outperforming major cryptocurrencies like BTC and ETH. The prediction market sector is experiencing explosive growth, with total trading volume exceeding $50 billion in 2025. Kalshi reported a record $23.8 billion in annual trading volume for 2025, a 12x year-over-year increase, and is projected to reach a monthly trading volume of $9.1 billion in January 2026. The platform's rapid growth has attracted significant capital, including a $1 billion funding round led by Paradigm, valuing the company at $11 billion. Pre-IPO share prices for Kalshi vary across platforms, ranging from $307 on Nasdaq Private Market to $450 on crypto-native marketplaces. The article analyzes whether investing in Kalshi's pre-IPO shares remains a viable opportunity given its meteoric rise and market dominance.

marsbit01/29 08:57

Kalshi's Pre-IPO Stock Price Soars, Is It Still Time to Buy?

marsbit01/29 08:57

Kalshi's Pre-Market Stock Price Surges, Is It Still Time to Buy?

Kalshi, a leading US-regulated prediction market platform, has seen its pre-IPO stock price surge by 21.7% in the past 30 days, significantly outperforming major cryptocurrencies like BTC and ETH. The prediction market sector is experiencing explosive growth, with total trading volume exceeding $50 billion in 2025. Kalshi reported a record $23.8 billion in annual trading volume for 2025, a 12x year-over-year increase, and is projected to reach a monthly trading volume of $9.1 billion in January 2026. Backed by major investors like Paradigm and Sequoia, Kalshi's valuation has soared to $11 billion. Pre-IPO share prices for Kalshi vary across platforms, ranging from $307 on Nasdaq Private Market to $450 on crypto-native platforms, reflecting high market interest. The article analyzes whether investing in Kalshi's pre-IPO market is still worthwhile given its rapid growth and dominant market position.

Odaily星球日报01/29 08:47

Kalshi's Pre-Market Stock Price Surges, Is It Still Time to Buy?

Odaily星球日报01/29 08:47

2026: The Upcoming IPOs of Crypto Companies

By 2026, multiple major crypto companies are preparing for IPOs, signaling a trend of crypto infrastructure firms entering public markets. Kraken, targeting a $20 billion valuation in H1 2026, has strong financials and backing from traditional market makers. Consensys, valued at $7 billion in 2022, plans a mid-2026 IPO, leveraging MetaMask's 30 million monthly users but faces challenges balancing token and shareholder interests. Ledger, aiming for a $4 billion valuation, is shifting from hardware sales to a software-focused model. Bithumb seeks a Korean listing to rebuild trust amid past governance issues. CertiK, valued at $2 billion, announced its IPO plans but must address reputational concerns from past security controversies. These moves reflect improved regulatory clarity and market maturity, though investors must differentiate between companies with solid fundamentals and those with unresolved risks.

marsbit01/29 04:37

2026: The Upcoming IPOs of Crypto Companies

marsbit01/29 04:37

$5.15 Billion: A Win-Win 'Bargain Sale'

Capital One acquires Brex for $5.15 billion in a deal that merges Silicon Valley innovation with traditional banking strength. Brex, a fast-growing fintech startup valued at $12.3 billion in 2021, saw its valuation drop amid high interest rates and challenging market conditions. Despite 40% growth and $500M ARR, Brex faced rising capital constraints and investor pressure for liquidity. Capital One’s vast balance sheet—$470B in assets and low-cost deposits—offered stability Brex couldn’t achieve alone. The acquisition highlights a broader trend: fintechs often innovate but struggle with scalability and funding durability, while established banks leverage capital and patience to acquire validated technologies and customers. Brex’s founders, in their late 20s, prioritized certainty and shareholder returns over a risky IPO. The deal underscores the power imbalance between agile fintechs and deep-pocketed traditional banks, signaling a shift where fintech disruption increasingly ends in acquisition rather than independence.

marsbit01/28 07:31

marsbit01/28 07:31

SoftBank to Expand OpenAI Investment, Will AI Cryptos Respond?

SoftBank plans to expand its investment in OpenAI, potentially increasing the AI firm's valuation to around $830 billion. This move aims to strengthen SoftBank's position in the AI sector and support OpenAI amid rising competition. Following the news, some AI cryptocurrencies, like Bittensor (TAO) and Story (IP), saw slight gains, though others declined. The overall AI crypto market cap rose slightly to $18.09 billion. However, the market remains volatile due to factors like global trade uncertainty and gold's rally to record highs, which is attracting safe-haven investors. Official details of SoftBank's additional investment have not yet been publicly confirmed.

TheNewsCrypto01/28 05:33

SoftBank to Expand OpenAI Investment, Will AI Cryptos Respond?

TheNewsCrypto01/28 05:33

2026, Those Potential Super IPOs in the Global Capital Market

"2026 is poised to be a landmark year for global capital markets, with a wave of high-profile IPOs expected across major tech sectors. In the U.S., several mega-unicorns are preparing to go public, driven by the need for massive capital and maturation in private markets. Key listings include SpaceX (targeting a $1.5T valuation for its satellite internet and rocket businesses), OpenAI (aiming for up to $1T) and Anthropic (seeking $300B) in the AI race, Databricks ($134B-$160B) for data and AI infrastructure, and Stripe ($915B-$1.2T) in payments. TikTok may also IPO separately if spun off from ByteDance ($480B-$500B). These companies reflect the intense demand for capital, especially in AI and space tech. In China, Hong Kong and A-shares are seeing activity from AI firms like Zhipu and MiniMax (which listed successfully in January), as well as companies in commercial space (e.g., Landspace, CAS Space) and robotics (e.g., Unitree). The Hong Kong Exchange’s Chapter 18C provides a pathway for pre-revenue tech firms, while China’s STAR Market focuses on hard tech like semiconductors and advanced manufacturing. Overall, 2026 is set to be a record-breaking year for public listings, though much of the early-stage growth has already been captured in private markets."

marsbit01/28 02:56

2026, Those Potential Super IPOs in the Global Capital Market

marsbit01/28 02:56

Three-Year Valuation Reaches $2 Billion: How Does RedotPay Play?

RedotPay, a Hong Kong-based crypto payment company, achieved a $1.07 billion Series B funding round in late 2025, led by Goodwater Capital, with participation from Sequoia China, Pantera Capital, and Circle Ventures. Valued at $2 billion within three years, the platform has over 10 million registered users and processes over $10 billion in annual payments across 100+ countries. The company employs a Visa-linked debit card system, allowing users to spend cryptocurrencies like USDT and BTC globally. Its services include Global Payout (local currency withdrawals), P2P trading, and Earn & Credit financial products for yield and lending. RedotPay initially targeted emerging markets with volatile currencies, such as Nigeria and Brazil, using an offline "ground force" distribution model with high fee incentives for local promoters. Despite its rapid growth, RedotPay faces challenges in maintaining high fee structures and regulatory compliance. Its "puzzle-style" regulatory approach—holding licenses like MSO in Hong Kong and VASP registrations elsewhere—does not fully cover all its financial services, particularly around Earn products and crypto-backed lending, which may face securities law scrutiny. Competitors like Rain are also advancing, with a $2.5 billion Series C at a $19.5 billion valuation. RedotPay’s future depends on strengthening compliance to transition from a payment tool to a sustainable NeoBank.

marsbit01/27 09:17

Three-Year Valuation Reaches $2 Billion: How Does RedotPay Play?

marsbit01/27 09:17

On-Chain Lending Bull Market Logic: The Inflection Point Has Arrived, How to Position?

On-chain Lending Bull Market Logic: Inflection Point Arrived, How to Position? The on-chain lending market is at a cyclical inflection point (Stage 4), characterized by low capital and low interest rates. Key drivers for the next growth phase include necessary product upgrades to attract institutional capital, unlocking new demand, and capital returning as rates stabilize above risk-free rates. The sector's valuation multiples are compressing towards Fintech levels (currently 21x-42x P/S vs. 8.4x for public Fintech lenders), presenting a potential entry opportunity for 2026. Critical developments include: - **Superior Collateral**: Modular protocols (e.g., Kamino, Aave, Morpho) enabling higher-risk lending and tokenization of traditional assets (e.g., securities lending, HELOCs). - **Protocol Improvements**: New loan types (term loans, whitelisted addresses, tri-party agreements) improving capital efficiency and compressing spreads. - **Yield Generation**: Tokenized yield products (e.g., 8-15% returns from credit funds) becoming crucial for yield funds as basis trade returns compress. The thesis suggests sustainable lending demand growth can occur even if crypto prices decline, with fundamental catalysts providing a stronger foundation for the next cycle.

比推01/26 18:16

On-Chain Lending Bull Market Logic: The Inflection Point Has Arrived, How to Position?

比推01/26 18:16

70% Of Institutional Investors Aren’t Buying The Bitcoin Top Narrative – Here’s Why

Institutional investors maintain strong confidence in Bitcoin's long-term value, with 71% considering it undervalued between $85,000 and $95,000, according to Coinbase's Q1 2026 report. Despite recent price volatility and outflows into traditional safe-havens like gold and silver due to geopolitical tensions, the majority of institutions plan to hold or increase their Bitcoin holdings even if prices drop further. Over 60% have maintained or raised their positions since October's peak. While macroeconomic uncertainties and geopolitical risks may cause near-term price fluctuations, the institutional outlook remains cautiously optimistic, supported by expectations of potential Federal Reserve rate cuts and sustained accumulation behavior.

bitcoinist01/26 16:05

70% Of Institutional Investors Aren’t Buying The Bitcoin Top Narrative – Here’s Why

bitcoinist01/26 16:05

OpenMind, the Leader in the Robotics Track, is About to TGE: Is the $400 Million Valuation New Token Sale Worth Participating In?

OpenMind, a leading robotics company, is set for its Token Generation Event (TGE) with the sale of its native token ROBO on the Kaito platform. Founded by Stanford professor Jan Liphardt, OpenMind is building a universal operating system and decentralized network for intelligent machines, enabling global collaboration between robots. It has received backing from major investors, including Pantera Capital, and was recognized among the top 100 robotics startups of 2025. The project is closely tied to the Fabric Foundation, which now oversees the protocol's governance and ecosystem. The ROBO token sale begins on January 26 with a $400 million FDV valuation, aiming to raise $2 million (0.5% of total supply). Tokens are fully unlocked at TGE, expected in Q1 2026. However, the $400 million valuation is considered high compared to similar AI and robotics tokens like Virtuals ($540M) and Sentient ($200M). Despite strong institutional support, the tokenomics lack transparency regarding early investor unlocks, which could lead to selling pressure. The public sale may offer limited upside at this valuation.

marsbit01/25 02:34

OpenMind, the Leader in the Robotics Track, is About to TGE: Is the $400 Million Valuation New Token Sale Worth Participating In?