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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. percent per month, as measured by the traditional CAPM-alpha. In fact, the average tokenized firm’s valuation roughly doubles if the firm is backed by a CF.

Finance 103
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What connects the stock market contraction to startup valuations?

Equidam

On the buy-side, the companies that invest in VC funds generally have their shares traded on an exchange or are a pension or mutual fund, which see the value of their holdings diminish significantly due to lower share prices. Indeed, it could just mean a decrease in the number of funded startups while valuations stay the same.