Aug 26, 2021
In the world of crypto, it's valuable to understand what you own and why you own it. That's why we're sharing our theses on each coin in Titan Crypto.
Today, we're taking a look at Stellar (XLM), the premier payment network for global institutions, enterprises, and retail.
Stellar has benefitted from the positive tailwinds across the crypto landscape since we launched, but we see a long runway ahead with our long-term price target of $1.50 (upside potential of ~330%).
Let's dive in.
Thesis: Stellar will serve as a major solution to the remittances and cross-border payments space, offering near-instant, low-cost transactions between any pair of currencies and tokenized real assets. Stellar carries a 5.5% weighting in our portfolio.
Stellar has solidified its position within the blockchain payments space, differentiating itself from other blockchains with its unique, payments-focused value propositions
The platform allows users to issue new assets such as stocks, currencies, and cryptoassets, and exchange them for other assets via built-in asset exchange features. Stellar’s native token, XLM, serves as the “bridge” currency between other assets to facilitate and create liquidity.
We're seeing growing network activity and adoption
Unlike other crypto projects, Stellar is trying to integrate with, rather than replace, the existing global financial systems
Based on our research, Stellar has been one of the best and most active crypto projects when it comes to partnerships and building out their global reach:
In summary, we believe Stellar is a solid long-term bet that warrants an allocation. Stellar has strong fundamentals and wide user adoption, and is relatively undervalued in our eyes. While its tokenomics still need time to improve, we're bullish that Stellar will continue to gain mainstream adoption as the go-to payments and regulated asset creation platform.
For the rest of our memo on XLM and more, see our launch materials.
Growth Runway
It's Still Early
Diversification
As always, let us know if you have any questions.
Onwards, The Titan Investment Team
Cash Management
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