Destiny XYZ

Destiny XYZ

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues<1m<1m
% growth-17 %
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DateInvestorsAmountRound
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N/A

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N/A

Seed
N/A

$5.0m

Seed
Total FundingAUD7.7m

Recent News about Destiny XYZ

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More about Destiny XYZinfo icon
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Destiny.xyz is a pioneering financial startup that aims to democratize access to high-growth technology companies. The company operates in the financial technology sector, specifically in the private equity market. Its primary offering is the Destiny Tech100, a unique investment portfolio that comprises the top 100 venture-backed private technology companies. This portfolio is designed to provide everyday investors with the opportunity to invest in these high-growth companies, a privilege that was previously exclusive to institutions and insiders.

The company's business model is akin to that of exchange-traded funds (ETFs) like SPY and QQQ. However, instead of focusing on publicly traded companies, Destiny Tech100 targets private technology companies that show significant growth potential. This approach allows the company to tap into the burgeoning unicorn market, which is currently valued at $3.7 trillion.

Destiny.xyz's revenue model is likely based on management fees charged to investors for managing the Destiny Tech100 portfolio. The company's value proposition lies in its ability to provide retail investors with access to high-growth private companies, which have traditionally been inaccessible to them. This access allows these investors to participate in the companies' growth and potentially earn significant returns.

In summary, Destiny.xyz is a financial startup that provides retail investors with access to high-growth private technology companies through its Destiny Tech100 portfolio. The company operates in the private equity market and earns revenue through management fees.

Keywords: Financial Startup, Private Equity, Retail Investors, High-Growth Technology Companies, Destiny Tech100, Investment Portfolio, Unicorn Market, Management Fees, Democratize Investing, Venture-Backed Companies.

Tech stack

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