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Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three times higher than credit card-only solutions. Its fiat-to-crypto On & Off Ramp solutions enable users to conveniently and securely convert traditional fiat currencies into cryptocurrencies. Its product is a full-stack solution, including UI, Identity know your customer (KYC), Payments, Crypto Liquidity Management and Customer Support. Its NFT checkout solution is offered both in the primary and secondary markets. OpenRamp offers a streamlined solution for on & off ramping, enabling users to effortlessly transition between traditional financial systems and the decentralized blockchain world.


TSXV:BNXA - Post by User

Post by Goldnboy1on Nov 19, 2024 9:26am
96 Views
Post# 36319516

$BKKT.US Clone

$BKKT.US CloneBanxa has better revenues and the same per day trading volumes as Bakkt.

Which just jumped to a $406m market cap yesterday on rumours of a buyout from Trump Media Group.

This activity creates a rock solid comp for what the fair value of a crypto bank like $BNXA should be.

Several multiples left to go here until Banxa is fair value. IMO

Will look to grab more stock today!

USA and Europe launch for Banxa so close, if management puts out news of market launch while this Bakkt deal is flying around. The share price could really catch flight even more so than it already has!!!
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