# 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.

Capital One to Acquire Brex in $5.15B Deal, Expanding Fintech Push

Capital One Financial Corporation is acquiring fintech company Brex in a deal valued at $5.15 billion, structured with 50% cash and 50% stock. The acquisition aims to strengthen Capital One’s commercial banking presence by integrating Brex’s corporate finance and expense management platform, which serves startups and scaling businesses with tools for cards, spend controls, and accounting. The move reflects a strategic shift as banks seek to acquire scaled fintech assets rather than build in-house. Brex, which had considered a SPAC-led IPO in 2021, now gains banking infrastructure support. Users may benefit from enhanced credit options and cost efficiencies, though innovation speed may be affected by banking compliance. The deal signals accelerating fintech consolidation, with banks targeting integrated tech platforms over partnerships.

TheNewsCrypto01/23 06:48

Capital One to Acquire Brex in $5.15B Deal, Expanding Fintech Push

TheNewsCrypto01/23 06:48

Expert Explains Why The Market Cap Theory Doesn’t Apply To XRP

An expert challenges the common criticism that XRP's large circulating supply and implied market cap make high price targets unrealistic. The argument against comparing XRP to banks, like BNY Mellon, is that banks are intermediaries valued on earnings and risk, while XRP is a settlement asset designed as a liquidity bridge. Its value should be based on the capital required to support transaction volume, not traditional equity comparisons. While a $10 price would imply a $607 billion market cap, analysts note this is plausible given Bitcoin's larger valuation and that long-term price depends on real-world adoption for cross-border settlements, not corporate balance sheet comparisons.

bitcoinist01/23 02:02

Expert Explains Why The Market Cap Theory Doesn’t Apply To XRP

bitcoinist01/23 02:02

Crypto 'Guardian' Rings the Bell at the New York Stock Exchange

BitGo ($BTGO), a leading cryptocurrency custody provider, went public on the New York Stock Exchange on January 22, pricing its IPO at $18 per share. The stock opened at $22.43, rising about 25% on its first day, giving the company a valuation of approximately $2 billion. Founded in 2013 by Mike Belshe, BitGo pioneered multi-signature wallet technology and later became a regulated trust company, positioning itself as a key infrastructure provider for institutional investors. Its core business revolves around custody services, staking, trading, and stablecoin-as-a-service offerings. In 2025, BitGo generated an estimated $195.9 million in core economic revenue, with nearly half coming from high-margin subscription services. The company serves over 4,900 institutional clients and has become a critical backend provider for major Bitcoin and Ethereum ETFs. Notably, BitGo tokenized its stock on the same day as its IPO through a partnership with Ondo Finance, enabling trading on Ethereum, Solana, and BNB Chain and bridging traditional finance with DeFi. The successful IPO reflects growing investor confidence in crypto infrastructure companies with sustainable business models and regulatory compliance, signaling continued maturation in the digital asset industry.

比推01/22 21:05

Crypto 'Guardian' Rings the Bell at the New York Stock Exchange

比推01/22 21:05

Ethereum's 'Barrier Lake' Moment: Fundamentals Up, ETH Down

Ethereum is experiencing a paradoxical "dammed lake" moment in 2026, with strong fundamental growth contrasting with stagnant ETH prices. Key metrics like staking scale, TVL, and stablecoin dominance have hit record highs, yet the token's value remains disconnected. The staking ecosystem has reached $120 billion, with 36 million ETH staked. However, centralization risks persist, as the top 5 providers control 48% of staked ETH. Vitalik Buterin has proposed a native DVT (Distributed Validator Technology) solution to enhance decentralization, security, and resilience against single points of failure. Ethereum's TVL surpassed $300 billion, reflecting a mature and diversified ecosystem. It maintains a 58% dominance in stablecoin market share, reinforcing its role as a global settlement layer. Regulatory developments like the "Genius Act" are expected to further boost institutional stablecoin adoption. Despite record-high transaction volumes (2.49 million daily average), low gas fees (0.03 Gwei) have enabled widespread "address poisoning" attacks, inflating on-chain activity without genuine demand. Additionally, L2 growth has come at the cost of mainnet revenue, with L2s paying only $10 million to Ethereum despite earning $129 million in 2025. A significant valuation disconnect exists: Ethereum hosts 59% of crypto's TVL but only 14% of its total market cap. This suggests ETH is deeply undervalued, as the network evolves into a "digital oil field" underpinning real-world asset (RWA) settlement and DeFi. The challenge lies in balancing decentralization, technical upgrades, and value capture while awaiting a potential market reassessment.

marsbit01/22 10:02

Ethereum's 'Barrier Lake' Moment: Fundamentals Up, ETH Down

marsbit01/22 10:02

Warden Completes $4 Million Strategic Funding Round, Focusing on Agent Internet Infrastructure

Warden has secured $4 million in strategic funding at a post-money valuation of $200 million. Unlike traditional venture-led rounds, this investment came from a select group of strategic partners actively building on or alongside the protocol, including 0G, Messari, and Venice.AI. The company emphasized that the round reflects its focus on deep collaboration with operators and users rather than capital-driven growth. CEO Josh Goodbody stated that the funding is significant due to who invested—partners who understand the problems Warden is solving and support its long-term vision. The capital will accelerate product development and expand Warden’s agent capabilities in areas like trading, automation, and programmable wealth management. Warden has demonstrated early product-market fit, currently supporting 20 million users with 250,000 daily active users. The platform has executed over 60 million agent tasks and facilitated over $100 million in cumulative transaction volume, with annualized revenue around $2.5 million. The company reaffirmed that this round does not signal a shift toward traditional venture financing. It remains committed to community-driven development, open ecosystem participation, and building secure, efficient infrastructure for deploying agents in Web3.

marsbit01/22 09:06

Warden Completes $4 Million Strategic Funding Round, Focusing on Agent Internet Infrastructure

marsbit01/22 09:06

With $950 Million in Revenue, How Does Pump.fun Use $3 Million to 'Vote' for the Next Viral Meme?

Pump.fun, a leading platform in the Meme token space with over $950 million in historical revenue, has launched an investment division called Pump Fund. The fund will invest $3 million in total across 12 new tokens launched on its platform, allocating $250,000 per token at a valuation of $10 million each. In addition to financial support, selected projects will receive mentorship from Pump.fun’s founders and other resources. The initiative is part of a new "Build in Public (BiP)" hackathon, which encourages founders to publicly develop products after launching a token on Pump.fun. Participants must hold at least 10% of their token supply and are encouraged to actively engage with the community via social media and live streams. The selection process prioritizes organic growth and long-term sustainability over marketing hype. The application period opened on January 19 and will run for 30 days, with the first winners announced by February 18. The program is designed to identify and support promising Meme tokens with real utility and community backing, offering a new path for early-stage projects to gain traction.

比推01/20 14:28

With $950 Million in Revenue, How Does Pump.fun Use $3 Million to 'Vote' for the Next Viral Meme?

比推01/20 14:28

Dialogue with Hashkey Capital Partner Xiao Xiao: The Story and Key Insights Behind Raising $250 Million in 3 Months

HashKey Capital, a leading Asian crypto VC, successfully raised $250 million for its fourth fund, HashKey Fintech Multi-Strategy Fund IV, in just three months. The fund attracted institutional investors, family offices, and high-net-worth individuals, with a total target of $500 million. Unlike previous funds, this multi-strategy fund will focus on liquid assets, including public market investments, OTC purchases of tokenized assets, and selective private market deals. It offers greater flexibility and mid-term redemption options to meet LP demands for liquidity and exit opportunities. The fund will invest in global infrastructure, scalability solutions, and large-scale application scenarios. Xiao Xiao emphasized that mass adoption requires real usage motivation, sustainable business models, and network effects. Despite a market slowdown, HashKey remains active, seeking high-quality projects during cooler market periods. The firm avoids overvalued deals and prioritizes teams with strong execution, clear vision, and proper fund management. Xiao also discussed the evolving role of Chinese founders, noting their strength in execution and operational expertise, while highlighting the trend toward hybrid global teams. He expects greater transparency in the industry and a convergence of equity and token-based financing models. The crypto primary market is increasingly blending traditional and crypto-native exit strategies, with capital concentrating around top-tier projects and blurred lines between primary and secondary investments.

marsbit01/20 10:54

Dialogue with Hashkey Capital Partner Xiao Xiao: The Story and Key Insights Behind Raising $250 Million in 3 Months

marsbit01/20 10:54

Pump.fun Launches Direct Investment, Spending $3 Million to Buy 12 New Meme Tokens

Pump.fun, a leading meme token launch platform, has announced the creation of an investment division called Pump Fund. The fund will launch its first initiative, the "Build in Public (BiP)" hackathon, with an allocation of $3 million to invest in 12 new tokens launched on its platform. Each selected project will receive $250,000 at a valuation of $10 million. Beyond financial backing, Pump.fun will provide mentorship from its founders and other resources. This marks the platform's first direct financial investment into specific meme tokens, signaling strong support for the selected projects. The BiP hackathon requires participants to launch a token on Pump.fun, publicly build a product, retain at least 10% of the token supply, and actively engage with the community on social media and through live streams. Project selection will prioritize organic user growth and long-term sustainability over marketing hype. Applications opened on January 19th and will run for 30 days, with the first winners announced on February 18th. The program is designed to be ongoing. This initiative aims to identify and fund promising new meme tokens with real utility and community traction.

Odaily星球日报01/20 04:06

Pump.fun Launches Direct Investment, Spending $3 Million to Buy 12 New Meme Tokens

Odaily星球日报01/20 04:06

Pump.fun Launches Direct Investment, Spending $3 Million to Buy 12 New Memes

Pump.fun, a leading Meme token launch platform, has announced the creation of its investment arm, Pump Fund. The fund will launch its first initiative, the Build in Public (BiP) hackathon, this month. With a total allocation of $3 million, it plans to invest $250,000 into each of 12 new tokens launched on its platform, valuing each project at $10 million. Beyond funding, selected projects will receive mentorship from Pump.fun’s founders and additional resources. This marks Pump.fun’s first direct financial endorsement of specific Meme tokens, signaling strong support for promising new projects. The platform, known for its substantial revenue—reportedly over $954.8 million historically—aims to reinvest in the ecosystem beyond token buybacks. The BiP hackathon encourages founders to publicly build products after launching a token on Pump.fun. Key requirements include retaining at least 10% of the token supply and maintaining active communication with supporters via social media and live streams. Project selection will prioritize organic user growth, genuine market appeal, and long-term sustainability over hype. Applications opened on January 19 and will run for 30 days. The first winning projects will be announced on February 18, though the program will continue indefinitely. For those tracking potential opportunities, new tokens on Pump.fun—especially those tagged with Pump Fund or BiP—are worth monitoring closely in the coming weeks.

marsbit01/20 04:06

Pump.fun Launches Direct Investment, Spending $3 Million to Buy 12 New Memes

marsbit01/20 04:06

California to Impose a One-Time 5% 'Harvest' on Billionaires? Some Are Moving Overnight

California proposes a groundbreaking 5% one-time wealth tax on billionaires, aiming to raise approximately $100 billion from over 200 residents. The tax, which targets assets including private equity, publicly traded stocks, and high-value holdings, is set for a November voter referendum. Critics warn it could drive tech entrepreneurs and businesses out of the state, jeopardizing economic recovery, particularly in the AI sector. Proponents argue it addresses tax fairness, as billionaires currently contribute a small fraction of state income taxes. The measure faces legal challenges, political opposition, and implementation hurdles, including concerns over valuation methods and residency rules. Some billionaires are already relocating to avoid potential liability.

marsbit01/20 03:46

California to Impose a One-Time 5% 'Harvest' on Billionaires? Some Are Moving Overnight