Is DAT mania over? mNAVs are compressing across the board, and most DATs are now dead on arrival (unless you’re Tom Lee).
This episode we talk DAT consolidation, pirate M&A, ETH ATH, and why Robinhood Chain chose to build on Arbitrum. @ajwarner90 breaks it down for us ⤵️
ETH is up. Tom Lee is posting TA charts.
MetaPlanet is at ~2.5x mNAV. SharpLink’s doing buybacks.
And @ajwarner90 gives the insider scoop on Robinhood Chain.
Timestamps
00:00 Intro
01:10 Ethereum's Market Performance
03:02 Tom Lee's Media Blitz
06:37 Digital Asset Treasuries in Crypto
08:47 Tax Arbitrage & Premiums in Different Markets
10:58 Challenges of Digital Asset Treasuries
16:20 Corporate Form vs. ETFs for Staking
19:25 Spokespersons of DATs
27:59 Equity Heavy Strategies & MicroStrategy's Leverage
29:10 Market Signals & Liquidity Challenges
31:29 Adversarial M&A & Stock Buybacks
33:57 WFE letter to SEC: attack on “tokenized stocks”
45:32 Robinhood & Arbitrum Partnership
53:51 Hyperliquid vs. Arbitrum
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