Apollo Crypto is a technology-focused company specializing in blockchain solutions and cryptocurrency services. The company aims to provide innovative financial products and services that leverage the power of decentralized finance (DeFi) to empower users with greater control over their digital assets.

Apollo Crypto

Apollo Crypto is bringing institutional asset management to a new asset class. Apollo Crypto manages three funds focussed on investing in crypto assets. The team at Apollo Crypto combine experience in both traditional funds management and crypto analysis. The Funds simplify the process for investors looking for crypto exposure, removing many of the difficulties associated with direct investing. For more information, please visit our website and please feel free to get in touch.

Today we had our Q3 update where Tim Johnston, Managing Director and Henrik Andersson, CFA Andersson, Chief Investment Officer, for the Q3 2022 Webinar rounded up the past three months in the crypto markets and answered questions from the audience. 

Topics include Ethereum and Bitcoin performance, Apollo Capital Funds performance, key news events and highlights from TOKEN2049 Conference in Singapore. We hope you enjoy it.

https://lnkd.in/gN4kDiv4

#investment #webinar #ethereum #bitcoin #crypto #cryptocurrency

Last week Apollo Capital had the pleasure of attending TOKEN2049, the leading crypto conference organised annually in Singapore and London. TOKEN2049 is a wonderful event bringing together founders and executives of leading web3 companies to share their views on the crypto market.

Below we share our insights, with the key insight being that, unlike the last bear market, which saw a noticeable reduction in crypto activity, crypto activity is flourishing despite the current bear market.

https://lnkd.in/gBuMysdi

Henrik Andersson, CFA Matthew Harcourt Hans Diederen Wan Ying Ng David Angliss

A great take on upcoming #themerge and project alpha from the Australian founders of Synthetix, dHEDGE DAO,  https://www.lyra.finance/ & https://toros.finance/ including our own Henrik Andersson, CFA and DeFi pioneer Kain. eth. 

Thanks to Jake Richards for hosting the session!

Secure cross-chain liquidity aggregation solution Magpie Protocol raised $3M in a seed funding round led by Jump Crypto.
Sandeep Nailwal, GSR markets, ParaFi Capital, Republic, Big Brain Holdings, Serafund, Faculty Group, MH Ventures, D1 Ventures, ArkStream Capital and Apollo Capital are among the investors.

Swell Network is an innovative Ethereum liquidity staking protocol, making staking easier for ETH holders. Whether it be liquid stakers of ETH or users wanting to run their own staking nodes, the Swell Network platform enables these users to maximise their Ethereum staking yield and contributes to a healthier and more decentralised Ethereum staking ecosystem.

This report, written by David Angliss provides readers with an overview of Ethereum 2.0, ways users can stake ETH, and an in-depth analysis of Swell Network, a decentralised, liquid staking protocol that Apollo Capital is advising and has invested in.

https://lnkd.in/geU9cM5t

Matthew Harcourt Henrik Andersson, CFA Marc Woodward Daniel Dizon Lecky Lao Wan Ying Ng

Last Tuesday, Tornado Cash was sanctioned by the US Treasury. This means all U.S. persons and entities are prohibited from interacting with Tornado Cash. Those who do may face criminal penalties. The move by the US Treasury comes as a response to revelations that Lazarus Group, the North Korean hacking group tied to the $455 million March hack of Axie Infinity's Ronin Network, has been interacting with Tornado Cash.

Tornado Cash effectively pools crypto assets and distributes them to new addresses. Normally, transactions on a blockchain carry the equivalent of a cash serial number that lets the anyone track payments. Using Tornado Cash, customers could deposit ETH using one address, funds would be mixed into a single pool containing all users' funds, then drawn out using a different address, making the owner untraceable.

Allowing users to obfuscate where their funds have been and where they're going has attracted hackers looking to launder stolen crypto. This is why the Treasury has acted swiftly with the blanket ban on all participants of Tornado Cash stating the service "has been used to launder more than $7 billion worth of virtual currency since its creation in 2019." However, not all of the crypto that flowed through Tornado Cash was laundered.

Looking at a report created by Chainalysis, a blockchain monitoring and analysis firm, we can see the breakdown of the source of crypto moving through Tornado Cash, with close to half being used for DeFi purposes, none of which, according to Chainalysis, is necessarily illicit.

At Apollo, we agree wholeheartedly with tackling money laundering. However, this development is concerning for two reasons. First, the US Treasury is sanctioning the use of software as opposed to an entity or individual. Second, Tornado Cash is a neutral tool that can be used for good and bad use cases, like many other technologies. 

While this is a concerning development, we think there is a great deal of 'water to flow under the bridge.' There is and will be a backlash from the crypto community, whose lobbying efforts are gaining strength. We also think this will have a limited effect on crypto markets more broadly, given the regulations relate to a narrow subset of crypto, to which the Apollo funds have no exposure.
 
For more information on this story, please refer to the Chainalysis report below.

https://lnkd.in/gwEWuVYq

Metric
Company Name	Apollo Crypto
Symbol
MSH ID	COM:APOLLOCRYPTO
Market	PRIVATE
Sector	Financial Services & Finance
Industry	Financial Technology
Country	AU
Stage
Employee Count	16
Website	apollocrypto.com
LinkedIn	apollo-crypto
Founders

Metric
Market Cap
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue
Revenue (LTM)
Revenue (NTM)
Gross Profit
EBITDA
Operating Income
Net Income
EPS
Diluted EPS
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score	89.76
28-Day Growth Score	17.04
90-Day Growth Score	23.86
365-Day Growth Score	21.71

Metric
Gross Profit Margin
Operating Profit Margin
EBITDA Margin
Net Profit Margin
Return on Equity
Return on Assets
Return on Capital Employed

COM:APOLLOCRYPTO

Apollo Crypto

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio
P/B Ratio
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio
EV Multiple

Metric
Days Sales Outstanding
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle
Cash Conversion Cycle
Asset Turnover

Metric
Operating Cash Flow
Free Cash Flow
Cash Flow to Debt
Operating Cash Flow/Sales
Free Cash Flow Yield

Metric
Cash & Equivalents
Accounts Receivable
Inventory
Goodwill
Debt to Capitalization
Debt to Assets
Current Ratio
Quick Ratio

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue