Digital Currency Group IPO could easily fetch $4 billion, says Messari
Cointelegraph
Published Nov 12, 2020 02:12PM ET
Updated Nov 12, 2020 04:00PM ET
What would an initial public offering for Digital Currency Group, or DCG, look like? Analysts at digital analytics firm Messari believe they have the answer.
In a newly published report, researcher Jack Purdy lays out a theoretical initial public offering for DCG. Using data from quarterly updates, along with other publicly available information and the average price-to-sales ratio for comparable fintech companies, Purdy concludes that DCG would be valued at more than $4 billion if it went public.
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Written By: Cointelegraph
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