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๐Ÿš• Marblegate Wants To Know What A NYC Taxi Medallion Is Worth

Entity linked to Marblegate appears to be behind first sizeable taxi medallion auction taking place on September 28th. We share auction details and some thoughts

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AutoMarketplace
Sep 15, 2023
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  • Taxi Clubhouse hosted an info session on upcoming NYC taxi medallion auction

  • 10 medallions, that appear to be effectively controlled by Marblegate, being auctioned with bids starting at $150,000

  • Based on discussions, valuation expectations are ~$200,000

  • Financing is being made available to qualified buyers

  • Auction results could form valuation basis for Marblegateโ€™s stock market listing

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