Using financial data for 2020 obtained from Celsius, Alpha Sigma Capital determined that the cryptocurrency company had an implicit value of $ 3.13 billion, which is roughly Triple its current market value of $ 1.1 billion.
According to Queen Telegraph, Alpha Sigma Capital said in its analysis that Celsius appears to be underestimated, referring to the $ 126.14 million in revenue the company generated for the year. the past. Based on the current growth for the year to date, it appears that there is a significant upward trend going forward.
as Alpha Sigma Capital explained: Our forecasts are conservative for 2021 and we see growth in assets under management dwindling with another $ 3 billion in asset growth under management by the end of the year. From there, we expect the company to be able to grow its assets under management by 25% year-on-year through 2025.
By the end of 2025, assets under management from Celsius are expected to reach nearly $ 30 billion. One potential growth driver for Celcius in the long term is the addition of interchangeability, which would greatly enhance the usability of the platform.
CEO Alex Mashinsky also hinted at the possibility of integrating self-insurance options that would allow users to secure their deposited money.
2020 was a watershed year for Celsius. Since January 2020, the lending platform has recorded an increase of nearly 300% in the number of users. By February 2021, Celsius had paid $ 250 million in cryptocurrency rewards to depositors, up from $ 80 million in November 2020.
According to new research from Alpha Sigma Capital, the Celsius Network cryptocurrency lending platform is three times its current market value, confirming the project's tremendous growth potential over the five years Next.
