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TRX $0.3345 -0.18%
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BCH $260.02 +1.14%
LINK $12.76 +2.86%
HYPE $85.44 -2.26%
AAVE $132.12 -0.70%
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XLM $0.1928 +4.70%
ZEC $1,155.98 -5.05%

The founder of the over-the-counter trading platform STIX claims that the off-market valuation of ENA should be discounted by 70%

2024-07-04 16:22:49

ChainCatcher news, Taran, the founder of the OTC trading platform STIX, posted on platform X stating that since the launch of ENA, OTC sellers (investors) have contacted them, wanting to sell locked-up ENA at a valuation of 2 billion to 3 billion dollars (at that time, ENA's FDV was as high as 20 billion dollars). The current reasonable valuation for locked-up ENA should be 1.5 billion to 2 billion dollars (about a 70% discount).

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