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TON Strategy CEO: Concerns over the Crypto Assets Treasury Bubble Are Overstated
According to BlockBeats, on October 2nd, Veronika Kapustina, CEO of TON Strategy, stated that despite the recent wave of corporate digital asset treasuries (DATs) showing signs of a bubble, the long-term outlook remains optimistic. She explained that DATs are different from other bubbles we have seen in crypto assets and TradFi, "because this is a new area of finance." DATs have become a "summer trading hotspot," viewed by many as an opportunity for "quick profits," with a large influx of "fast money." Kapustina described DATs as a "bridge between TradFi and crypto assets" and added that she does not believe a crash will occur, but as newly launched DATs struggle to meet targets, consolidation may happen, followed by the entry of real medium to long-term capital.