What is the impact of franked shares on the value of cryptocurrencies?

3 answers

• Pope RiggsJul 20, 2024 · a year ago
  Franked shares can have a significant impact on the value of cryptocurrencies. When a company issues franked shares, it means that the dividends paid on those shares have already been taxed at the corporate level. This can result in higher overall returns for investors, as they don't have to pay additional taxes on the dividends. As a result, more investors may be attracted to invest in the company, leading to increased demand for its shares and potentially driving up the value of the company's stock. In the context of cryptocurrencies, if a cryptocurrency project issues franked shares, it could signal a higher level of legitimacy and transparency, which may attract more investors and positively impact the value of the cryptocurrency.
  744

  372
• Grant ErikssonAug 11, 2021 · 4 years ago
  Franked shares and their impact on the value of cryptocurrencies can be quite complex. While the direct impact may not be as significant as in traditional stock markets, it can still have an influence. When a company issues franked shares, it indicates a level of financial stability and credibility, which can attract more investors to the project. This increased investor confidence can lead to a higher demand for the cryptocurrency, potentially driving up its value. However, it's important to note that the overall impact will depend on various factors, including the size and reputation of the company issuing the franked shares, market conditions, and investor sentiment towards cryptocurrencies in general.
  714

  238
• bagher sepahbodJun 10, 2025 · a month ago
  At BYDFi, we believe that the impact of franked shares on the value of cryptocurrencies can be positive. When a cryptocurrency project issues franked shares, it demonstrates a commitment to transparency and accountability. This can help build trust among investors and attract more institutional investors who value these qualities. As a result, the increased demand for the cryptocurrency can drive up its value. However, it's important to note that the impact may vary depending on the specific project and market conditions. It's always advisable to conduct thorough research and consider multiple factors before making investment decisions in cryptocurrencies or any other asset class.
  689

  173