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Decentralized Finance, Crypto Funds, and Value Creation in Tokenized Firms

Reynolds Holding

The effect is much stronger if the backing CF’s investment strategy resembles that of a venture capital fund, rather than a hedge fund. In fact, the average tokenized firm’s valuation roughly doubles if the firm is backed by a CF.

Finance 103
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Startup Valuation: The Ultimate Guide for Founders

Equidam

Discount Rates / Risk Premiums: The discount rate used in DCF analysis (often the WACC) incorporates elements sensitive to market conditions. [21] 21] [22] [24] [27] The cost of equity component includes the market risk premium the excess return investors expect for investing in the broader market over a risk-free rate.