Shares in numerous private crypto startups are currently being offered at sizable discounts on Birel.io, a platform that specializes in such secondary market transactions, Birel's Richard Freemanson confirmed.

Those startups include Alchemy, Blockchain.com, Chainalysis, Kraken, ConsenSys, Blockdaemon, CoinDCX and OpenSea — collectively worth around $70 billion at the time of their most recent fundraises, all of which came in 2022.

The blocks of shares on offer range from just $3 million in size to $50 million, and the discounts vary widely. Most striking are Blockchain.com and ConsenSys, who have shares on offer at discounts of 74% and 71%, respectively, to their latest funding rounds. Chainalysis shares are up for sale at a 61% discount, OpenSea stock is available at a 51% discount and a CoinDCX block is listed at a 47% discount. The Alchemy, Blockdaemon and Kraken shares are discounted by 31%, 30% and 9%, respectively.

(By Ryan Weeks)