"There is Now a Floor for GNO," With GnosisDAO, Arca's Jeff Dorman Said
Hedge fund Arca, which holds Gnosis tokens, argues the prediction markets protocol should make a tender offer for GNO because the coin is trading below the project's total assets. While the DAO provides a floor for the token price, it's not clear what upside it will create, Arca Chief Investment Officer Jeff Dorman said. Stefan…
By: Camila Russo •
DeFiHedge fund Arca, which holds Gnosis tokens, argues the prediction markets protocol should make a tender offer for GNO because the coin is trading below the project's total assets. While the DAO provides a floor for the token price, it's not clear what upside it will create, Arca Chief Investment Officer Jeff Dorman said. Stefan…
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