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The new digital asset Treasury (DAT) companies have been compared to the ICO era, “APT,” Electric Capital’s Avichal Garg told Empire cum-scientist Jason Jason Yanovitz, Santiago Santos and Rob Hedic in today’s weekly roundup.
“I think the most interesting question here is how long it lasts? And is it really durable?” He asked.
“Most of the (capital) is not found anywhere, but in fact, we found the Etherium out of the ICO cycle, okay? You have got $ 500 billion assets which have a transformative effect, right?” He continued.
But Garg is not on the train completely “all this is bad”. They believe that some implementation is going to be very interesting.
Obviously, Ath, Sol and bitcoin will dominate. But some small assets that are being purchased by different treasury companies may not have the power to live equal.
“Some long-tail property, I think, (are) are going to be very hit or missing. Some of them are not going to be clearly around, and some of them have a really shot of having a shot, as the exposure in a new capital market is a kind of running in front of ETFs,” Garg explained.
Headic said he feels that there will be a lot of M&A and Capital Activism, which means that the door for the play is widespread, it depends on who and how people contact the activist Stax.
He also said that we are already seeing tiredness in the market around these things, which is not super surprising given the sheer. amount We are getting weekly out of the announcements.
He said, “You clearly do not need 30 of these, okay? At the end of the day, the amount of people who are still popping up, is just astronomical, honesty,” he told Empire Crew.
Another thing to add – a very good point from Santos – is that hedge funds are usually not able to buy ETFs, meaning that they are closely looking at these treasury companies and looking for opportunities that they will not be otherwise.
Santos said, “In addition to retail, hedge funds that want to express a scene on anything will buy these dats. And I think it’s the place where you can see it (continue) for an extended period of time, where you have a lot of demand from that way,” Santos said.
However, Dan Smith of Blockworks said, Ath Trazaries saw a low trading volume on Thursday.
I am still careful with a lot of datas, which uproots the whole thing, but I cannot argue with Headic, Garg or Santos, which have some very valid points.
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