As Bitcoin adoption by public companies accelerates, imitators are inevitable. The latest trend? DATs — “Digital Asset Treasuries” — which seek to replicate the success of Bitcoin treasury companies by allocating reserves to altcoins like Ethereum or Dogecoin. From the outside, the surface-level pitch might seem similar: acquire a digital asset, move early, build a treasury strategy, issue equity or dehttps://bitcoinmagazine.com/bitcoin-for-corporations/how-bitcoin-reduces-counterparty-risk-in-corporate-treasury-strategybt, and attempt to capture long-term upside and reflexive flows. But beneath the surface, the comparison collapses.
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$DOGE / $BTC January 2021 round 2.
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Last Friday, after the lawsuit was officially concluded with the SEC and Ripple submitting a joint motion to dismiss the appeal, the SEC allowed Ripple to sell securities to private investors (institutions), which directly contradicts the court ruling, as reported by Beinkcrypto. In the short term, Ripple can secure a new revenue source, but the media noted that this could intensify concerns about the SEC's fairness and neutrality. Former SEC official Mark Pagel explained, "This is unprecedented and essentially contrary to the rule of law, and even if it is illegal, there are no clear procedures to stop it. Someone would need to file a lawsuit only if substantial damage (XRP investment losses) occurs."
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