While a recent wave of corporate digital asset treasury begins to show the signs of a bubble, the long -term perspective is positive, according to the CEO of TON’s approach Veronika Kapustina.
“In my opinion, look, obviously, it looks like a bubble. As in, all the indicators look like a bubble,” Kapustina told cointelegraph during the token2049 conference in Singapore.
Kapustina explained that they were different from the other bubbles we saw in crypto and Tradfi “Because it’s a new segment of financial.” The dats became “trading of the tag,” and people saw it as “fast money,” with a lot of “fast money coming in,” he said.
“So we have smarter investors looking at it well and the wheat is really different from the outskirts.”
Described by Kapustina Dats As a “bridge between traditional finances and crypto,” he added that he did not think there would be crashing, but there could be a companionship as the newly launched DATS struggle to reach their targets.
“There is a lot of excitement for a climb to something new. Then it comes out, and a little companionship, and then the real medium to long-term capital enters,” Kapustina said.
Strategy’s Michael Saylor, the Treasury Pioneer
Kapustina explained that while Michael Saylor’s approach is pioneering the DAT model with Bitcoin (Btc), this person has proven the model works more than Bitcoin, with successful launching around Ether (Eth), Solana (Sol), and his own company, which is a ark for The open network native tokens, toncoin (Ton).
Related: Crypto treasury companies place a similar risk in the 2000s DOTCOM Bust
Kapustina said there are many evolutionary paths for DAT, including providing infrastructure, potential banking services and obtaining banking licenses, integration and acquisition, and technology bridges between chains.
For a long time, investors can appreciate the true value of the DAT from a “perspective on function, from a utility perspective, for the networks they invest, in terms of not just a bridge between tradfi and crypto, but the network’s secure,” he said.
Crypto treasures are gathered
Corporate Crypto Treasury has packed digital assets throughout the year, despite many cryptocurrencies closeness at all times high value.
There are currently more than 1.3 million BTCs worth nearly $ 157.7 billion, which is equivalent to 6.6% of circulating -shifted supply, in public and private corporate treasures, According to in bitcointreasuries.net.
Meanwhile, the Ether Dats has been able to hold 5.5 million ETH worth nearly $ 24 billion and around 4.5% of total supply, According to In strategicethreserve.
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Further report by Ciaran Lyons.
