The Block: 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
Additional Info
- Read full article on: The Block
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