“We have officially entered Stage 3 of DATs.”A new $360M treasury company backed by a16z for $IP has hit the market…mania is coming. https://t.co/BWd5WZ5eAMYano 🟪 (@JasonYanowitz):Big treasury deal.A few interesting call outs:1) Think this is a16z's first DAT2) And Cantor's first underwriting of a non BTC/ETH/SOL treasury company3) $360M reserve, $220M via PIPE ($100M cash, $120M IP tokens), $82M will be used to purchase $IP in the open market https://t.co/XOwzZRsufA ...

What's the current dominant crypto narrative?Memecoins? Nope but some like $PENGU and SPX6900 do greatDeFi? Some like $SPK pumped but others strugglingDATs? Helped pump $ETH and $ENA managed to time it wellYet it feels like the days when a single narrative could lift all tokens have ended.Instead, outliers driven by a specific set of catalysts perform well.Catalysts that rely on the hard work of teams and their communities. ...

Had a great convo with Karia, who sold WonderFi to Robinhood for 9-figs and is now building a Bittensor treasury company, xTAO.Good for those who want to understand DATs + TAO.https://t.co/DEhqcwzXXy ...

Everyone wants to talk (and hear about) DATs.Many more coming for top 100 tokens over the next few weeks-months btw 😳https://t.co/iNc8LVTeRH ...