Decentralized Finance, Crypto Funds, and Value Creation in Tokenized Firms
Reynolds Holding
MAY 30, 2022
The effect is much stronger if the backing CF’s investment strategy resembles that of a venture capital fund, rather than a hedge fund. percent per month, as measured by the traditional CAPM-alpha. In fact, the average tokenized firm’s valuation roughly doubles if the firm is backed by a CF.
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