Roth Capital initiated coverage of Antalpha (ANTA) with a Buy rating and $18.50 price target The firm believes Antalpha has a first mover advantage in crypto infrastructure lending, “uniquely positioned” between Bitmain and Northstar to serve the capital needs of bitcoin miners. The Antalpha Prime platform enables real-time risk management, powering high-margin financial technology offerings, the analyst tells investors in a research note. Roth says its scalable lending model benefits from strong retention, embedded growth, and recurring fee income.
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