November 25, 2019, 9:52AM EST
• 5 min read

CEO of DigixGlobal considers full liquidation of DigixDAO's $54M treasury holdings

Quick Take

  • DigixGlobal, the company behind DigixDAO (DGD), is considering a full liquidation of DigixDAO’s treasury balance of 386,250 ETH and returning it to DGD token holders
  • Because DGD’s market cap currently trades at a 60% discount to the value of ETH in its treasury, a full liquidation could lead to a potential 2.5x return for DGD token holders assuming all prices held constant

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here