“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 ...