Blockchain.com CEO provides that more companies will join the wave of crypto treasury


By Angel di Matteo @Shadowargel

The main manager of Blockchain.com It projects that the number of companies with cryptocurrency -based treasures will continue to increase over the months, deriving in a wave of mergers that will consolidate when the market acquires much more maturity.

***

  • Peter Smith foresees consolidation in the digital treasury market.
  • Strive and Semler They create giant with almost 11,000 BTC In reservations.
  • DATS accumulate more than USD $ 120,000 million in cryptoactive.

Peter Smith, co -founder and CEO of Blockchain.com, considers that There will be more and more companies that invest in cryptocurrencies to have their private treasury, a trend that will increase in the short term, also deriving in a wave of mergers and acquisitions to the extent that the market acquires greater maturity.

In an interview for the medium The BlockSmith said that, over time, management teams and “Shell Companies” available, which will open the door to significant consolidation. According to him, companies best managed and with preferential capital will absorb much of the market. “More and more they will arrive, until the teams or the ‘shells’ are over. At that point it will be very interesting, because we will see a lot of consolidation,” commented.

The acquisition of Semler Scientific Mark a milestone

At the beginning of the week, the firm Dat Stive, Linked to Vivek Ramasswamy, he announced the acquisition of Semler Scientific, A company also oriented to Treasury Bitcoin. The merger will result in a new company with almost 11,000 BTC In reservations, valued at more than USD $ 1 billion.

The analyst of Benchmark, Mark Palmer said that companies with significant crypto reserves, but with low valuations, are natural candidates for mergers through share exchange. This type of operations aims to consolidate the ecosystem and reduce the dispersion of digital treasury.

Blockchain.com, A key actor in space DAT

Smith stressed that Blockchain.com It is one of the most active firms in the field of digital treasures or dats. The company has invested more than USD $ 200 million in around a dozen companies, including FINANCIAL PROCAP (Based on Bitcoin), Bitmine Immersion (Ethereum) and Ton Strategy (Toncoin).

According to Smith, the idea of ​​using “Shells” To accumulate digital assets, it has a history in other sectors, such as biotechnology, but found its direct inspiration in Michael Saylor’s strategy with Strategy. This approach showed that accumulating Bitcoin It could translate into significant increases in value for shareholders.

The phenomenon of digital treasury began with Bitcoin and Ethereum, But it has expanded towards other cryptoactives. Currently, they exist DATS dedicated to accumulate XRP, Dogecoin, BNB and Solanaamong others.

According to market data, the treasures they have Bitcoin, Ethereum and Solana together exceed USD $ 120,000 million in digital assets. In addition, they have captured more than USD $ 20,000 million in risk capital only so far this year, reflecting a growing investment appetite.

Two models of DAT: investment and ecosystem

Smith identified two types of DAT: one as an investment vehicle and another as a replacement of foundations. In the first case, investors acquire actions with the hope that the managing team will obtain more value through financing and discounts on tokens that if they directly buy cryptoactives. However, he warned that investing in a DAT It could be more risky than maintaining cryptocurrencies in “Spot”.

In the second type, called “Dat ecosystem”, It seeks to replace traditional foundations – frequent in Switzerland or Cayman Islands – with type C corporations that eventually coticen in the stock market. For Smith, these structures arose in response to poor regulations and could be consolidated as a more transparent model.

Founded in 2011, Blockchain.com He has witnessed the rise of cryptocurrencies since its inception. The company raised capital in 2022 at an assessment of USD $ 14,000 million and today also provides custody, trading and staking services to digital treasures.

Smith is confident in the permanence of the phenomenon: “It is a sector and a vertical that will be permanently here”he concluded. The combination of institutional investment, regulatory innovation and business consolidation could define the next stage of the cryptoactive market.


Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

Subscribe to our newsletter



Similar Posts