RE:GEM HAS LOTS OF MONEY TO FUND CUNNINGHAM mnw4FUN
GEM has lots of capital!!! but they are not giving Cunninghsam $210 million to buy AMK! Thats not the way it works.................
its effective an equity line against tokens..........GEM will be a set amount at any given time, based on token volume and market cap, at a set discount to market price. To get to $210 million youd probably need a token marekt cap greater than $2 billion and daily liquidity of $300 million or more. We dont know the exact metrics because AMK and Cunninghsam have NOT told us what they are!!!!!!!!!!!!!! but what I have suggested is in line with market norms.
That is the reason GEM token subscription agreements and ELOCs are for a long term 36 months in Cunninghams case, as without such a long term the ability to draw down would be close to $0!
GEM needs to buy the tokens at a discount and sell them in market before they will fund more. Same way as ELOCs work. There are variations but this is the premise of theses structures...
BMW4FUN wrote: GEM Digital Limited is a digital asset investment firm. Based in the Bahamas, the firm actively sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs globally. Global Emerging Markets (“GEM”) is a $3.4 billion alternative investment group with offices in Paris, New York and the Bahamas. GEM manages a diverse set of investment vehicles focused on emerging markets and has completed over 530 transactions in 72 countries. Each investment vehicle has a different degree of operational control, risk-adjusted return, and liquidity profile. The family of funds and investment vehicles provides GEM and its partners with exposure to Small-Mid Cap Management Buyouts, Private Investments in Public Equities, and select venture investments.
Staying Long