KR1 This long-established on-chain infrastructure player listed in London has just settled the end-of-May numbers; combined technical operations and financial operations booked £56,000. Year to date, they’ve also pulled in nearly £480,000. They now mainly make money from Ethereum staking, DeFi underwriting, and AI protocol activities. Their heaviest-held asset is Ethereum, accounting for more than a quarter of net assets; next are Nexus Mutual, Polkadot, and Bitcoin.
To be honest, this infrastructure-and-staking playbook is a pretty steady route under the current market. But based on their market cap of only a little over £20 million versus net assets of around £30 million, they’re clearly trading at a discount. The technical signals on the chart also look rather weak.
As for the next move, I’m confident it mainly comes down to whether Ethereum can hold up. Since they’re heavily weighted in ETH, as long as on-chain activity on the Ethereum network rebounds and the expected staking returns rise, this kind of infrastructure stock trading at a discount will eventually have its valuation gap filled by capital. In terms of strategy, I’d suggest building a position in batches on pullbacks, with a close watch on Ethereum’s on-chain data. As long as the fundamentals don’t deteriorate, the upside in this one is definitely more than just what you see right now.
Do you want me to help you do a horizontal valuation comparison of KR1 versus other on-chain infrastructure names in the same sector?
$ETH
$BTC
#苹果芯片短缺拖累销售预期
#韩国股市盘中创纪录涨17%
To be honest, this infrastructure-and-staking playbook is a pretty steady route under the current market. But based on their market cap of only a little over £20 million versus net assets of around £30 million, they’re clearly trading at a discount. The technical signals on the chart also look rather weak.
As for the next move, I’m confident it mainly comes down to whether Ethereum can hold up. Since they’re heavily weighted in ETH, as long as on-chain activity on the Ethereum network rebounds and the expected staking returns rise, this kind of infrastructure stock trading at a discount will eventually have its valuation gap filled by capital. In terms of strategy, I’d suggest building a position in batches on pullbacks, with a close watch on Ethereum’s on-chain data. As long as the fundamentals don’t deteriorate, the upside in this one is definitely more than just what you see right now.
Do you want me to help you do a horizontal valuation comparison of KR1 versus other on-chain infrastructure names in the same sector?
$ETH
$BTC
#苹果芯片短缺拖累销售预期
#韩国股市盘中创纪录涨17%