Flow Traders Enters Bitcoin Credit Amid Valuation Uncertainty

Flow Traders has entered into Bitcoin Onchain Credit Strategy, a new setup for borrowing stablecoins backed by Bitcoin collateral.

Lombard Finance's Bitcoin Onchain Credit Strategy marks Flow Traders' first institutional participation in this area.

The company's trading engine is being seen as quietly strengthening through its core business, which has delivered a 3-year total shareholder return of 33.95% despite a 5-year total shareholder return that is down 13.03% and recent share price returns suggesting momentum has softened over the last quarter.

Flow Traders' current valuation suggests it may be undervalued, with a narrative fair value of €29.78 and a share price of €26.16.