Ran Neuner - These Crypto Treasury Stocks Will End the Crypto Cycle - TOKEN2049 Singapore 2025
Join Ran Neuner at TOKEN2049 Singapore 2025 for an insightful exploration of crypto treasury stocks and their pivotal role in shaping the future of the crypto market. Originally set to discuss how these stocks could end the crypto cycle, Neuner's understanding evolved, recognizing instead their potential to invigorate the cycle. Learn why crypto treasury stocks, initially trading at a premium, are now valued below their net asset value (NAV), illuminating new investment opportunities.
Neuner delves into the flawed business models of these treasury companies, initially mirroring MicroStrategy's playbook without leveraging key strategies that generated significant returns. With the advent of staking ETFs, their premium valuations have been challenged, prompting a crucial shift. These treasury companies now transform into asset managers and crypto banks, moving beyond merely holding and staking cryptocurrencies. Discover the innovative ways DATs (Decentralized Autonomous Trusts) are evolving, executing ventures such as yield farming and liquidity provision while considering strategic mergers with entities like Multicoin Capital.
This talk offers a fresh perspective on asset management within crypto ecosystems. As Neuner explains, the question isn't just about holding your own tokens but whether delegating them to proficient managers in this rapidly evolving sector can enhance returns. Engage with this thought-provoking session to understand the future pathways for crypto investments.
For those intrigued by the dynamics of crypto treasury stocks and their broader implications, this talk provides essential insights. We encourage you to like, comment, and subscribe for more engaging content from TOKEN2049.
