DeFi / Fintech multiples are only going higher.
Fintech Multiples growing as well.
$HOOD now trades at 26.1x annualized revenue and 72x earnings at $96B marketcap
$COIN now trades at 13.1x annualized revenue and 50.7x earnings at $106B marketcap.
$CRCL now trades at 24.6x annualized revenue and 219x earnings at $56B marketcap
Growing demand for high quality SaaS / AI / Fintech + Macro Set Up = we are going back to all time highs in multiples.
This bodes well for DeFi like $HYPE that ~$936M annualized revenue and 15.8x MC/Revenue.

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