Tokens.com is a crypto staking company that manages digital assets, making it easier for investors to buy, sell, and stake crypto. They have millions of $ worth of coins being staked, and with the recent strength of the entire crypto market, things are looking good for the company after a tough summer performance. Crypto is seeing another green day, up 7%-10% on average.
They have holdings in 4 main cryptos, ETH, BNB, DOT, and ROSE. On their Twitter, they post some of their holdings in these cryptos (although it's compounded daily so that the numbers might be slightly off).
- 5,135 BNB: $2.3M USD (avg return of 10%)
- 2,384 ETH: $7.8M USD (avg return of 7%)
- 271,588 DOT: $7.5M USD (avg return of 14%)
- 980 AXS: $71k USD
- 174,400 SLP: $29k USD Token’s total holdings come to just around $17.7M with an average staking return of 11%. This means that annually, they’ll be able to generate around $2M from their staking operations alone, not accounting for any change in the prices of the cryptocurrencies.
Now with an expanding strategy towards other DeFi operations such as NTFs and stablecoins. IMO, this is one to watch. They have an extremely attractive valuation and mix that with the solid management team $COIN is looking pretty good.