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The Future Of Crypto Equity Wrappers
Crypto treasury companies such as Strategy are all the rage right now. Seemingly not a day goes by without an announcement of yet another public vehicle whose primary purpose is to provide cryptocurrency exposure inside an equity wrapper. While there are benefits to this design, some of these companies lack a unique value proposition and are indistinguishable from each other. Their stocks might not attract a premium during a bear market. A better approach is to offer a crypto ecosystem company, one that offers comprehensive exposure to the different facets of a specific blockchain by combining operating businesses ... (full story)
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