According to @adriannewman21, he prefers taking equity in revenue-generating companies, ideally as tokenized equity, rather than holding revenue-linked tokens. Source: @adriannewman21 on X, Sep 6, 2025. He adds that he would even favor a company’s brand token over revenue-linked structures, describing revenue-linked tokens as in the middle of nowhere for investors. Source: @adriannewman21 on X, Sep 6, 2025. He also states that using operating revenue to buy back tokens does not make sense to him, signaling low conviction in revenue buyback token models. Source: @adriannewman21 on X, Sep 6, 2025. Trading takeaway: Under his stated approach, a portfolio would overweight tokenized equity or brand tokens and underweight revenue-linked buyback tokens when allocating capital. Source: @adriannewman21 on X, Sep 6, 2025.