In the last 9 months, GreenBox (GBOX) has ramped processing volumes from $40 million a quarter to over $320 million a quarter, undergone an integration with Fiserv (FISV), reached final terms for an acquisition
GreenBox: Blockchain Payment Processing With A Free Stablecoin Call Option
Summary
- GreenBox has in 9 months ramped processing volumes from $40m a quarter to $320m a quarter.
- GreenBox has successfully positioned itself at the center of blockchain technology, the growing legal CBD/high-risk payment processing industries, and enablement of cryptocurrencies for cross-border transactions.
- The 2018 farm bill legalized CBD and hemp sales across the U.S., and large payment processors such as Fiserv First Data are partnering with GreenBox as a result.
- The $500B+ cross-border transfer industry is set to be revolutionized by stablecoin. Investors should treat GreenBox's stablecoin as a highly lucrative free call option.
- We estimate $70m and $140-160m of EBITDA in 2022 and 2023, respectively. Revalued at 25x EV/EBITDA, GreenBox shares could potentially generate a return of 250%+.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of GBOX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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