SecondLane OTC - Announcements – Telegram
SecondLane OTC - Announcements
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Announcements for OTC transactions
Admin: @OTCnick
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Buying:

Asset: Alchemy
Total size: $7m +
Valuation: Negotiable

Any questions: DM @otcnick
Buying:

Asset: TRM Labs
Total size: $10m+
Valuation: Negotiable

Any questions: DM @otcnick
Buying:

Asset: Lightspark
Total size: $8m+
Valuation: Negotiable

Any questions: DM @otcnick
Selling:

Asset: Blockdaemon
Total size $1m+
Valuation: $1b

Any questions: DM @otcnick
Selling:

Asset: nfty.finance (locked tokens)
Total size: $500k+
Pricing: $0.003 per token

Any questions: DM @otcnick
Selling:

Asset: SpaceX
Total size $20m
Special notes: SPV, direct to cap table

Any questions: DM @otcnick
Buying:

Asset: esGMX
Total size: $500k
Pricing: Discount to spot, negotiable

Any questions: DM @otcnick
Selling:

Asset: Layer Zero + STG / ZRO token warrants
Tranche: $5m
Pricing: $3b

Any questions: DM @otcnick
Key takeaways on Web3 secondary market in November by SecondLane

- Growing amount of offers to a record of $573M USD, mostly due to the FTX claims on the market

- Almost identical $1.5M median Buy Ask and median Sell Offer

- Median spread on FDV of Buy/Sell IOIs of the same projects grew to 32% vs cumulative half-year median of 19%

- Median spread on minimum amount of Buy/Sell IOIs of the same projects in Nov dropped to 20% vs cumulative half-year median of 2x

- Top projects: FTX claims, dYdX, EigenLayer, Aleo, Monad, Arbitrum, Pyth, Nansen, Scroll, OpenAI, SpaceX

- Largest discounts to last funding round were offered for projects in: blockchain services, CeFi, tech development, social and socialFi, DID, NFT

- Largest premiums came with staking, L2s, CEXes and blockchain analytics

- 64% SAFT and 36% equity deals

- 80% (Pre-)Seed, 20% Rounds A-D

- 5 industries dominate the Web3 secondary market with 51% of offers on L1, L2, DeFi, blockchain services and infrastructure

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Selling:

Asset: Anoma
Total size: $500k +
Pricing: Negotiable

Any questions: DM @otcnick
Selling:

Asset: Berachain
Total size: $500k+
Pricing: $1B

Any questions: DM @otcnick
Selling:

Asset: Talis
Total size: 5m+ (locked tokens)
Pricing: Negotiable

Any questions: DM @otcnick
Selling:

Asset: Scroll
Total size: $1m+
Pricing: Last round valuation

Any questions: DM @otcnick
Buying:

Asset: Kira Network (KEX)
Total size: $500k+
Pricing: Negotiable

Any questions: DM @otcnick
Buying:

Asset: POKT
Total size: $100k +
Pricing: Negotiable

Any questions: DM @otcnick
Selling:

Asset: Celestia / TIA (locked tokens)
Total size: $1m+
Pricing: 40% Discount from spot

Any questions: DM @otcnick
Buying:

Asset: Celestia (TIA) locked tokens
Total size: $2m+
Pricing: 50% discount to spot

Any questions: DM @otcnick
Selling:

Asset: Selling Picasso (PICA)
Total size: $2m+
Minimum size: $250k
Pricing: Discount to spot

Any questions: DM @otcnick
Selling:

Asset: SpaceX
Total size: $15m+
Minimum size: $1m
Details: Direct to cap table SPV

Any questions: DM @otcnick
Buying:

Asset: FTX Claims
Total size: No size caps
Minimum size: $200k
Special notes: Updated higher pricing. Pricing is based on size of the claim(s).

Any questions: DM @otcnick