Exchanges· ★★★· neutral·

Crypto capital returns, but valuation premiums shrink

  • —Kalshi is seeking a $40 billion valuation
  • —Blockchain.com is targeting an IPO
  • —Crypto treasury companies are losing their former valuation premiums
Why it matters: Capital returning to crypto firms while premiums compress signals a repricing of the sector by investors.
Source: Cointelegraph