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![AlgoChadLin Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::104709827.png) Chad Lin [@AlgoChadLin](/creator/twitter/AlgoChadLin) on x XX followers
Created: 2025-07-22 16:59:00 UTC

Another crypto stock, $DXG, is about to launch IPO.

DXG brands itself as a green logistics company. It is developing the #RWA Factory platform, which aims to record environmentally friendly behaviors on #Blockchain . Your eco-friendly actions can be converted into tokens. This is very similar to a carbon credit exchange.

In 2024, its revenue was $XXXXX million, YOY 304%. However, its gross margin was only 0.10%. The logistics business accounts for XXX% of its revenue, while the RWA Factory is still under development and has no income.

Although RWA and #Web3 are gaining attention and represent future trends, DXG’s ideas have not yet become reality. I am skeptical about whether the market will buy into this story. I take a cautious stance toward this IPO.

#stocks #StockMarket #Crypto

![](https://pbs.twimg.com/media/GwcG8lmbEAIEIP3.jpg)

XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947702932767707310/c:line.svg)

**Related Topics**
[blockchain](/topic/blockchain)
[rwa](/topic/rwa)
[logistics](/topic/logistics)
[ipo](/topic/ipo)
[$dxg](/topic/$dxg)
[chad](/topic/chad)

[Post Link](https://x.com/AlgoChadLin/status/1947702932767707310)