Will this drive two daisy chained Apple Thunderbolt Displays if connected to a 2017 27" iMac?

I currently have two Thunderbolt Displays each connected via adapters to the Thunderbolt 3 ports on my 2017 27" iMac (Daisy chaining to one port doesn't work). Could this be used to drive both Thunderbolt Displays and free up my second Thunderbolt 3 port?

Blackmagic eGPU

Blackmagic eGPU

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