Zhao Changpeng: DAT is good for cryptocurrencies, but it is necessary to be vigilant against model differences and market cycle risks

Golden Finance Live reported that on August 29, at the BitcoinAsia event held in Hong Kong, Zhao Changpeng, founder of Binance, said that DAT (Digital Asset Treasury) is a positive presence for cryptocurrencies and bitcoin, allowing traditional equity market investors to access crypto assets by purchasing shares of listed companies, pushing the niche asset class of crypto assets to a wider audience, and this phenomenon has not only appeared in the United States, but also in China, Hong Kong, Japan and other countries and regions with equity markets.
At the same time, Zhao Changpeng mentioned that different DAT business models are different, some of which have good cryptocurrency management methods, some hold cryptocurrency baskets and complex structures, and some will raise funds for investment companies. The market has cyclical fluctuations, and it is inevitable to encounter a bear market in the future. At that time, the stock price may fall and the price will fluctuate. Most DAT companies will need to experience the cold winter of the market, and investors need to pay attention to related risks.