olivLaw · US equity research
Digital Currency X Technology Inc. DCX
Motor Vehicles & Passenger Car Bodies · SIC 3711 · Vertical: Motor Vehicles & Passenger Car Bodies (SIC 3711)
Digital Currency X Technology Inc. (DCX) is a Cayman Islands holding company that, after disposing in March 2026 of its China electric vehicle business, has refocused on digital asset management through the DexTrader on-chain data platform and staking-based digital asset treasury. The company reported no revenue in 2025, and its accounting result was driven largely by gains on revaluing cryptocurrencies, making the transition one to watch closely. Selling, general and administrative expenses of US$8.40 million in 2025 and a US$83.33 million cryptocurrency fair value gain reflect this shift.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Digital Currency X Technology Inc. (DCX) stock was 1.10 USD (−2.65% on the day), with market capitalisation 21.5 m USD, beta 0.82, 52-week range 1.10–5,932.80 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 19.3
- oversold (≤ 30)
- Bollinger (20, 2)
- 0.48 – 2.54
- in the lower half of the band · %B 0.30 · band width 136.2%
- SMA 50 / 200
- 33.25 / 238.89
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -8.33 / -11.42
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −67.5% | −1.1% | −66.4 pp | — |
| 3 months | −99.3% | −0.5% | −98.9 pp | — |
| 6 months | −99.7% | +4.4% | −104.1 pp | — |
| Year to date | −99.8% | +12.3% | −112.2 pp | — |
| 1 year | −100.0% | +13.5% | −113.5 pp | −37.0% |
| 3 years | −100.0% | +76.4% | −176.4 pp | −47.7% |
| 5 years | unavailable | +63.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 22.3 m | 15.0 m | 9.5 m | 6.9 m | unavailable |
| Revenue YoY | unavailable | −32.9% | −36.6% | −27.1% | unavailable |
| Net income | -29.9 m | -77.3 m | -98.5 m | -69.0 m | -30.1 m |
| Net income YoY | unavailable | unavailable | unavailable | unavailable | unavailable |
| Diluted EPS | -0.20 | -15.23 | -15,476.19 | -10,396.74 | -4.22 |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | unavailable |
| net % | -134.1% | -516.4% | -1,038.7% | -997.9% | unavailable |
| Free cash flow | -23.3 m | 10.5 m | -45.4 m | -26.6 m | unavailable |
Reported results vs expectations
Loading…
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 3.9 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 157.5 m USD
- Total assets
- 866.7 m USD
- Debt / equity
- unavailable
- Current ratio
- 1.22x
- ROE
- unavailable
- ROA
- -4.5%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|
| Revenue | 22.3 m | 15.0 m | 9.5 m | 6.9 m | — | SEC (XBRL)· 15 May 2025verified |
| Cost of revenue | 56.2 m | 19.3 m | 15.3 m | 15.6 m | — | SEC (XBRL)· 15 May 2025verified |
| Gross profit | -57.2 m | -38.3 m | -32.8 m | -24.8 m | — | SEC (XBRL)· 15 May 2025verified |
| Research & development | 15.4 m | 13.8 m | 8.4 m | 1.5 m | — | SEC (XBRL)· 15 May 2025verified |
| SG&A | 50.4 m | 65.3 m | 3.6 m | 2.4 m | 8.4 m | SEC (XBRL)· 30 Apr 2026verified |
| Operating income | -129.2 m | -118.3 m | -3.6 m | -2.4 m | -8.4 m | SEC (XBRL)· 30 Apr 2026verified |
| Depreciation & amortisation | 54.3 m | 44.7 m | 34.6 m | 23.1 m | — | SEC (XBRL)· 15 May 2025verified |
| EBITDA | -74.9 m ≈ | -73.6 m ≈ | 31.0 m ≈ | 20.7 m ≈ | — | SEC (XBRL)· 30 Apr 2026derived |
| Interest expense | 16.1 m | 14.7 m | 14.8 m | 5.0 k | -14.0 k | SEC (XBRL)· 30 Apr 2026verified |
| Pre-tax income | -62.6 m | -111.5 m | -3.6 m | -2.4 m | 70.7 m | SEC (XBRL)· 30 Apr 2026verified |
| Net income | -29.9 m | -77.3 m | -98.5 m | -69.0 m | -30.1 m | SEC (XBRL)· 30 Apr 2026verified |
| Diluted EPS | -0.20 | -15.23 | -15,476.19 | -10,396.74 | -4.22 | SEC (XBRL)· 30 Apr 2026verified |
| Weighted average diluted shares | 152.1 m | 5.1 m | 4.4 k | 4.5 k | 2.3 m | SEC (XBRL)· 30 Apr 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|
| Cash | 43.1 m | 37.9 m | 10.7 m | 1.7 m | 3.9 m | SEC (XBRL)· 30 Apr 2026verified |
| Inventories | — | 23.9 m | 14.8 m | 11.1 m | — | SEC (XBRL)· 15 May 2025verified |
| Current assets | — | 160.6 m | 90.8 m | 470.6 m | 866.7 m | SEC (XBRL)· 30 Apr 2026verified |
| Property, plant & equipment, net | — | 217.9 m | 181.4 m | 155.8 m | — | SEC (XBRL)· 15 May 2025verified |
| Goodwill | 3.0 m | 2.8 m | 2.7 m | 2.6 m | — | SEC (XBRL)· 15 May 2025verified |
| Intangibles (excl. goodwill) | — | 131.2 m | 127.4 m | 123.9 m | — | SEC (XBRL)· 15 May 2025verified |
| Total assets | — | 653.6 m | 536.5 m | 470.8 m | 866.7 m | SEC (XBRL)· 30 Apr 2026verified |
| Short-term debt | — | 100.7 m | 97.8 m | 95.2 m | — | SEC (XBRL)· 15 May 2025verified |
| Current liabilities | — | 493.1 m | 525.1 m | 616.3 m | 709.2 m | SEC (XBRL)· 30 Apr 2026verified |
| Total liabilities | — | 637.5 m | 615.3 m | 616.3 m | 709.2 m | SEC (XBRL)· 30 Apr 2026verified |
| Equity | 112.0 m | 16.1 m | -78.9 m | -145.5 m | 157.5 m | SEC (XBRL)· 30 Apr 2026verified |
| Shares outstanding at year end | — | — | 160.7 m | 4.8 m | 19.6 m | SEC (XBRL)· 30 Apr 2026verified |
Cash flow · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|
| Operating cash flow | -22.4 m | 22.4 m | -40.0 m | -25.5 m | -54.6 m | SEC (XBRL)· 30 Apr 2026verified |
| Capex | 951.0 k | 11.8 m | 5.3 m | 1.1 m | — | SEC (XBRL)· 15 May 2025verified |
| Free cash flow | -23.3 m ≈ | 10.5 m ≈ | -45.4 m ≈ | -26.6 m ≈ | — | SEC (XBRL)· 15 May 2025derived |
| Investing cash flow | -1.1 m | -13.2 m | -1.8 m | -1.1 m | 1.4 m | SEC (XBRL)· 30 Apr 2026verified |
| Financing cash flow | -44.6 m | 1.4 m | 5.2 m | 13.6 m | 22.5 m | SEC (XBRL)· 30 Apr 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- indicators available: 5 of at least 6
- score weight coverage: 33.3% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 21.5 m USD
Key indicators
Coverage and freshness
Score by group
33% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 5 of at least 6; score weight coverage: 33.3% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | -434.9% | 8 (vs peers) | 19% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | -32.3% | 0 (on a fixed band) | 25% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | -599.9x | 0 (on a fixed band) | 19% |
| Current ratio · Balance sheet | 1.2x | 35 (on a fixed band) | 13% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | -258.8% | 0 (on a fixed band) | 25% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet14/100 · 2/3 factors with a value
- Growth· partial0/100 · 1/2 factors with a value
- Quality· partial8/100 · 1/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partial0/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Digital Currency X Technology Inc. (DCX). Latest full fiscal year: 2024; data up to 2025-12-31.
Figures computed from the financial statements: revenue 6.9 m USD in 2024; YoY growth -27.1%; net margin -434.9%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 5 of at least 6; score weight coverage: 33.3% of at least 60%; valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
What contradicts it
- Net margin: -434.9%
- Revenue CAGR 3Y: -32.3%
- Interest coverage: -599.9x
- FCF yield: -258.8%
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, EPS CAGR 3Y, Net debt / EBITDA, P/E (TTM), EV/EBITDA, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Motor Vehicles & Passenger Car Bodies (SIC 3711) · same industry (4-digit SIC) · compared with 25 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| TSLATesla, Inc. | 1,522.6 bn | 424.6 | 3.8% | 3.1% | −2.9% | −10% / +60% |
| GMGeneral Motors Company | 78.0 bn | 20.6 | 6.1% | 2.1% | −1.3% | +26% / +192% |
| PCARPACCAR Inc | 55.9 bn | 20.2 | 13.7% | 9.5% | −15.5% | +1% / +16% |
| LILi Auto Inc. | 23.5 bn | 144.8 | 1.6% | 1.0% | −18.8% | −37% / −69% |
| RIVNRivian Automotive, Inc. | 20.5 bn | — | -55.0% | -45.9% | +8.4% | −17% / −16% |
| OSKOshkosh Corporation | 8.7 bn | 17.5 | 11.0% | 4.6% | −2.9% | +12% / +47% |
| NIONIO Inc. | 8.2 bn | — | -302.6% | -17.1% | +38.9% | −40% / −55% |
| VFSVinFast Auto Ltd. | 7.8 bn | — | — | -175.5% | +54.7% | +2% / −61% |
| FSSFederal Signal Corporation | 7.2 bn | 24.5 | 20.5% | 11.7% | +17.1% | +3% / +71% |
| LCIDLucid Group, Inc. | 1.3 bn | — | -571.4% | -249.2% | +67.6% | −75% / −92% |
| LOTLotus Technology Inc. | 217.2 m | — | — | -89.4% | −43.8% | −75% / −97% |
| NIUNiu Technologies | 115.3 m | — | -4.4% | -0.9% | +36.7% | −49% / −24% |
| GGRGogoro Inc. | 45.7 m | — | -56.2% | -28.4% | −9.4% | −23% / −94% |
| WKHSWorkhorse Group Inc. | 36.2 m | — | — | -301.5% | +201.1% | −69% / −100% |
| DCXDigital Currency X Technology Inc. | 21.5 m | — | — | -434.9% | −27.1% | −100% / −100% |
| FFAIFaraday Future Intelligent Electric Inc. | 12.2 m | — | -2,030.5% | -21,838.0% | −0.6% | −100% / −100% |
| FLYEFly-E Group, Inc. | 2.8 m | — | -82.2% | -67.9% | −25.0% | −62% / unavailable |
| CENNCenntro Inc. | 434.8 k | — | -126.6% | -423.9% | −42.2% | −98% / −100% |
| FFord Motor Co | — | — | -18.4% | -4.2% | +1.2% | −5% / +23% |
| XPEVXpeng Inc. | — | — | -7.9% | -46.7% | unavailable | −55% / −41% |
| HMCHonda Motor Co., Ltd. | — | — | 6.7% | 3.9% | +6.2% | +16% / +15% |
| RACEFerrari N.V. | — | — | 42.9% | 22.3% | +7.0% | +10% / +20% |
| STLAStellantis N.V. | — | — | -33.0% | -14.5% | −2.1% | −56% / −79% |
| TMToyota Motor Corp | — | — | 13.6% | 9.9% | +6.5% | −1% / +5% |
| AIIORobo.ai Inc. | — | — | — | -17,614.9% | −92.1% | −96% / −100% |
1- and 3-year price returns: for DCX from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 30 Apr 2026; since then the company filed 6-K (24 Sept 2026), 6-K (22 Sept 2026), 6-K (18 Sept 2026), 6-K (03 Sept 2026), 6-K (21 Aug 2026), 6-K (07 Jul 2026).
In brief
Digital Currency X Technology Inc. (DCX) is a Cayman Islands holding company that, after disposing in March 2026 of its China electric vehicle business, has refocused on digital asset management through the DexTrader on-chain data platform and staking-based digital asset treasury. The company reported no revenue in 2025, and its accounting result was driven largely by gains on revaluing cryptocurrencies, making the transition one to watch closely. Selling, general and administrative expenses of US$8.40 million in 2025 and a US$83.33 million cryptocurrency fair value gain reflect this shift.
SWOT
Strengths
- The company has a simplified holding structure after disposing of the former business and no longer bears the operating costs of vehicle production.
- Continuing results were positive in 2025, driven mainly by gains from revaluing digital assets.
- DexTrader is positioned as a data service that does not facilitate transactions, which could reduce exposure to certain exchange-related obligations.
Weaknesses
- The company had no revenue from continuing operations in 2025, and administrative expenses rose sharply.
- The accounting result depends heavily on the price of volatile digital assets.
- The company has a history of cumulative losses and reliance on shareholder financing, and its figures are tied to a transition that is still uncertain.
Opportunities
- If DexTrader attracts users, the product could generate data and subscription revenue from traders.
- Active treasury management, including staking, could produce yield if market conditions are favorable.
- The disposal of the former business could simplify the structure and let resources focus on digital projects.
Threats
- A fall in digital asset prices could reverse revaluation gains and weigh on results.
- Regulatory changes for cryptocurrencies and staking could limit or alter the company's activity.
- Competition in on-chain data is likely intense, and DexTrader is still in the phase of attracting users.
Risks
- Volatility of digital assetshigh
A large share of the assets is made up of cryptocurrencies, whose value can drop sharply, directly affecting the accounting result.
- Going concernhigh
The report mentions recurring operating losses and negative cash flow, and the continuity plan relies largely on existing resources.
- Staking lock-upmedium
Assets subject to staking may be unavailable for short-term liquidity needs, limiting financial flexibility.
- DexTrader executionmedium
The platform is at an early stage and has generated no revenue, and its success depends on attracting users.
- Listing and share actionsmedium
The company has gone through share consolidations and Nasdaq compliance notices, indicating ongoing pressure on its listing.
Investment thesis
What would need to be true (bull case)
- If the DexTrader platform attracts a paying user base, the company could turn an activity with no revenue into a recurring data income stream.
- Exiting the former auto business could allow a simpler structure and a clearer allocation of capital to digital assets.
- If the digital asset market recovers, revaluation gains and staking yields could support the company's results.
What would break the thesis
- The 2025 result was supported largely by accounting gains on cryptocurrencies, which could disappear quickly if the market corrects.
- The company has no revenue from continuing operations and administrative expenses rose, which could accelerate cash consumption.
- DexTrader is at an early stage, and if it fails to attract users, its strategic value could remain limited.
What to watch
- DexTrader revenue and user growthQ1 2027
- Digital asset value and revaluation gains or lossesnext 10-K
- Status of staked assets and available liquidity2027
- Compliance with Nasdaq listing requirements and share price trendnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 30 Apr 2026; since then the company filed 6-K (24 Sept 2026), 6-K (22 Sept 2026), 6-K (18 Sept 2026), 6-K (03 Sept 2026), 6-K (21 Aug 2026), 6-K (07 Jul 2026).
The business
Until 20 March 2026, Digital Currency X conducted new energy vehicle operations in China through Chijet Inc. and its subsidiary Shandong Baoya, with production through FAW Jilin. According to the annual report, the company sold its entire interest in the Disposal Group for a total price of US$1.00, and that business is now presented as discontinued operations 1. The company stated that cumulative losses of the former business exceeded US$100 million, which led it to focus on technology and digital asset management 1. Its principal executive offices are in Hong Kong, and its shares have traded on the Nasdaq Capital Market under the symbol DCX since December 2025 1.
The new core business has two initiatives. The first is DexTrader, an on-chain data and information platform launched in 2026 that gives cryptocurrency traders real-time data and analytical tools for decentralized exchanges, positioned as a data service that does not facilitate transactions 1. The second is digital asset treasury management, including staking activities to generate yield 1. At the report date, DexTrader was in an early operational phase and had not yet generated revenue 1.
The financial structure has been shaped by successive reorganizations, including the merger with Jupiter Wellness Acquisition Corp. and a series of share transactions such as the 2025 and 2026 share consolidations and the November 2025 private placement 1. The company also flagged uncertainties about going concern, the volatility of digital assets, and the fact that some of these assets may be locked up through staking 1.
Segments
DexTrader (on-chain data platform)
A data and analytics service for cryptocurrency traders operating on decentralized exchanges, launched in 2026. The company describes it as similar to a financial news and data terminal and had not yet generated revenue at the report date 1.
Digital asset treasury
Management of the digital assets the company holds, including staking to generate yield. The carrying value of these assets is sensitive to price swings, and the 2025 revaluation gain was largely tied to EdgeAI tokens held at year-end 1.
Discontinued operations (China EV business)
The former China business, disposed of in March 2026, now appears as discontinued operations. The net loss from discontinued operations was approximately US$100.74 million in 2025 1.
Market context
The company now operates in the data services segment for cryptocurrency markets and in digital asset management, a field characterized by high volatility. The annual report does not give the size of this market, so this profile includes no market sizing. Continuing revenue is currently nil, and results depend on the value of the digital assets held 1.
The former electric vehicle segment in China was affected by intense competition and persistent supply chain challenges, according to the company 1. Exiting that segment reduces exposure to that market but completely changes the company's risk profile.
Trends
- Revaluation of digital assetsmixed
Gains from revaluing cryptocurrencies supported continuing results in 2025. If digital asset prices fall, these gains could reverse quickly, making the accounting result highly sensitive to the market 1.
- Interest in on-chain datatailwind
Demand for tools analyzing transactions on decentralized exchanges could support adoption of DexTrader, if the product attracts users, which the company describes as still at an early stage 1.
- Pressure on the former auto businessheadwind
Intense competition and supply chain problems led to repeated losses in electric vehicles, and the company found it difficult to stop them without a disposal 1.
- Regulation of digital assetsmixed
Changes in the regulatory framework for cryptocurrencies could alter operating and staking conditions, which the company treats as an execution risk 1.
Competitive position
The annual report does not identify direct competitors for the new on-chain data or digital asset management business, and no market share information is given. For the former electric vehicle business, the company cited intense competition in China without naming specific firms 1. This limits the ability to compare the company's position with other players.
For DexTrader, competition could come from other cryptocurrency data and analytics platforms, including financial data terminal providers extending services to digital assets. The report does not name them, so this assessment remains general.
- Cryptocurrency data terminal providers
Platforms offering similar data and analytics to digital asset traders; not identified in the report.
- On-chain analytics platforms
Services providing analysis of blockchain transactions; not identified in the report.
- China electric vehicle manufacturers
Competitors in the former auto business, described by the company as intense; not named in the report.
- Staking service providers
Entities offering staking services for digital assets; not identified in the report.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report (foreign issuer)24 Sept 2026
- Current report (foreign issuer)22 Sept 2026
- Current report (foreign issuer)18 Sept 2026
- Current report (foreign issuer)03 Sept 2026
- Current report (foreign issuer)21 Aug 2026
- Current report (foreign issuer)07 Jul 2026
- Current report (foreign issuer)25 Jun 2026
- Current report (foreign issuer)15 May 2026
- Current report (foreign issuer)07 May 2026
- Annual report (foreign issuer)30 Apr 2026
Sources
- [1] Form 20-F, fiscal year ended 2025-12-31 · SEC / Digital Currency X Technology Inc. · 30 Apr 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.