Unchained Bits + Bips: The Case for Why DATs Are Superior to Crypto ETFs - Ep. 897
66 snips
Sep 4, 2025 
Chris Perkins, Managing Partner at CoinFund, and Brian Rudick, Chief Strategy Officer of Upexi, dive into the advantages of Digital Asset Tokens (DATs) over traditional crypto ETFs. They discuss the potential for DATs to capture investor interest and the bullish math behind premiums. The conversation touches on market dynamics, questioning whether this is truly altcoin season or just a temporary trend. They also highlight the significance of Galaxy's tokenized-share move and a critical market unlock that could revolutionize the landscape.
AI Snips
Chapters
Transcript
Episode notes
Upexi's Origin And Background
- Brian Rudick described Upexi as an early Solana treasury company with roughly $400 million in Solana.
- He explained his background from GSR and Wall Street and why DATs felt familiar to him.
Raise Smartly To Compound NAV
- Maximize visibility and be prepared to issue equity above book to drive accretion.
- Use equity lines or ATMs strategically because accretive issuances create long-term shareholder value.
DATs As A New Convergence Product
- DATs combine crypto yield mechanics with an equity wrapper that traditional investors can access via brokerages.
- This convergence makes DATs a distinct product bridging TradFi access and DeFi yield opportunities.