According to @borgetsebastien, a panel featuring Yat Siu of Animoca Brands, John Cahill of Galaxy Digital, Phillip Lord, and Ikita Sachdev stated that Digital Asset Treasury companies are not dead and are becoming more sophisticated. source: @borgetsebastien The panel added that the DATs which will thrive are those with stronger investor relations, better communication, expanded operational support beyond financing, and more effective capital leverage to support their own ecosystems; for traders, these four focus areas are concrete signals to monitor in DAT-backed projects for potential market-moving updates. source: @borgetsebastien

According to the source, Malaysian Crown Prince Tunku Ismail Sultan Ibrahim is launching RMJDT, a stablecoin backed by the Malaysian ringgit, and will establish a $121.5 million Zetrix digital asset treasury, as stated in the provided announcement. According to the source, no launch timeline, regulatory approvals, or exchange listings were disclosed, so traders should await official documentation and monitor RMJDT and Zetrix channels for actionable details.

According to @secondswap_io, demand for discounted locked tokens is surging among market participants seeking access with immediate settlement (source: @secondswap_io). According to @secondswap_io, the Solana Foundation has supported multiple SOL-based Digital Asset Treasuries conducting discounted token sales (source: @secondswap_io). According to @secondswap_io, more foundations are expected to follow this approach to locked-token sales (source: @secondswap_io). According to @secondswap_io, SecondSwap’s marketplace provides on-chain transparency and oversight from multiple token issuers, enabling locked-token holders to sell issuer-approved tokens while buyers acquire these tokens at discounted prices with immediate settlement (source: @secondswap_io).

According to @VanessaGrellet_, the key capital-markets shift is the rise of Digital Asset Treasury (DAT) companies—public vehicles holding BTC, ETH, SOL and ecosystem tokens at scale, source: @VanessaGrellet_ on X. According to @VanessaGrellet_, the "Merger Playbook" focuses on converting discounts in these public holdings into alpha through M&A-driven strategies, signaling event-driven setups for traders tracking DAT discounts and deal catalysts, source: @VanessaGrellet_ on X.