The company's chief executive and chairman Venkat Meenavalli media interview said: "the ultra high current market valuation is not reasonable and not real, we put the ipo pricing valuation for $5 is a very good description." But he emphasised: "we are a profitable company that has nothing to do with the current digital currency frenzy. Longfin has grown at a rapid rate of 200 per cent over the past six months and earned a profit of $28m. After Ziddu becomes its subsidiary, Longfin will provide financial services based on cryptocurrency through Ziddu. Yu 'ebao used to have peaks and valleys This week, interest rate debt in developed countries in Europe and the United States suffered a massive sell-off. Affected by this, the yield curve of government bonds has been changed to a steep and steep trend.