The meltdown on Luna and stablecoin Terra in mid-May had sent the price of Bitcoin to under USD30,000 as the Luna Foundation Guard released more than 90% of its approximately 80,000 Bitcoin reserve in an attempt to defend the peg between Luna and Terra. This effort, which was proved to be futile and now both the price of Luna and Terra, as at the time of writing, were virtually worth zero.

The recent negative news on cryptocurrency market does not impede investors’ interest in investing in this asset class. The first Australian crypto exchange-traded funds (ETFs) began trading on May 12.  These ETFs are also listing on the COBE Exchange and are fully backed by assets stored in cold storage.

At the same time crypto trading platform FTX is expanding its presence in the US equities market. The US arm of Bahamas-based FTX acquired a regulated broker-dealer last year. Beginning on May 19, the chosen customers are able to use FTX US to buy stocks, ETFs and digital assets.

With the increasing popularity of cryptocurrency trading, many developed countries started to develop regulations to protect investors. The G7 countries have urged the Financial Stability Board to accelerate crypto regulations after the downfall of the Terra blockchain. It is foreseeable that the demand of professional services from the industry players will proliferate due to the tighten scrutiny.

Valtech has experience in valuation of crypto-related businesses. Our team consists of professionals from different backgrounds to ensure that your needs are well taken care of.

Why Appoint Valtech as Valuation Adviser?

Valtech’s team has provided valuation advice to over 200 listed companies in Hong Kong, China, Singapore, Taiwan, Australia, the United Kingdom, the United States and Germany.

Valtech Valuation is a professional valuation firm accredited with ISO-9001 in valuation advisory services. The financial market and valuation requirements are highly dynamic. We are determined to develop and maintain a quality management system to foster an environment which is sustainable and evolving continuously. Our founders stress on development of a system and an environment that our consultants are provided with necessary support and opportunities to thrive.

We are a team of professionals from multiple disciplines including audit, financial modelling, tax, internal control and surveying. Our management adheres professional excellence. Abundant resources are reserved to develop standardized policies and procedures for quality control. We have solid track record in valuation advisory for listed companies, private equity, fund managers and financial institutions. We work closely with big four and other international accounting firms, corporate financial advisors, fund managers and legal advisors.

Valtech Advantages:

Advanced Valuation Techniques: Valtech Valuation can develop and implement advanced valuation techniques that are specifically tailored to the needs of clients. These techniques can go beyond traditional valuation methods and incorporate factors such as market trends, industry benchmarks, and risk analysis to provide more accurate and insightful valuations.

Customized Valuation Models: Valtech Valuation can create customized valuation models that align with the unique investment strategies and asset classes. By understanding the specific requirements and objectives of these entities, Valtech Valuation can develop models that capture the nuances of their portfolios, resulting in more precise and relevant valuations.

Data-driven Insights: Valtech Valuation can leverage its access to comprehensive data sources and analytics tools to provide data-driven insights. By analyzing market data, economic indicators, and performance metrics, Valtech Valuation can offer valuable insights into the valuation of assets, identify emerging trends, and help inform investment decision-making.

Adherence to Compliance and Reporting Standards: Valtech Valuation can ensure that valuation practices adhere to regulatory compliance and reporting standards. By staying updated on relevant regulations, such as accounting standards and industry guidelines, Valtech Valuation can help clients meet their reporting obligations accurately and in a timely manner.