FRNT Financial was recently approved for DTC Eligibility which helps reduce costs and accelerate the settlement process for investors allowing shares to be traded over a much more comprehensive selection of brokerage firms. DTC eligibility should help increase exposure to US investors and allows more investors to buy shares, increasing volume/liquidity.
https://ca.finance.yahoo.com/news/frnt-financial-receives-dtc-eligibility-123000281.html
The crypto market is being hit hard right now due to the Fed’s efforts to curb inflation with increasing interest rates. One thing I want everyone to remember is that $FRNT.V is a risk-averse and non-directional crypto company. For example, they invested in arbitrage mandates rather than having direct exposure to the overall crypto market, meaning that they're not as overexposed to the asset class compared to many other companies in the space. This shows that they're a company that isn't here to make a quick profit, but to establish themselves over the long term. The recent financial report showed that they were also able to generate a net income of $650k (and record revenue of $1.14M) which makes them one of the only in the space to do so. For example, WNDR.NE has a market cap of nearly triple $FRNT.V but generated $250k in revenue with a net loss of $14M over the same period over the quarter alone.
$FRNT.V continues to expand its service offerings (Deliverables, consulting, and OTC derivatives) for institutional clients looking to enter the crypto market. Overall, with $FRNT.V’s solid financial position, net income/revenue growth, and the non-directional asset focus, it's safe to say that the company is undervalued at the current $28M market cap.
Their daily newsletter. (24 Hrs in Crypto) is also worth a look due to how volatile the markets are these days: https://www.frnt.io/