Coinbase Warns of Consolidation Among Crypto Treasury Firms
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Summarize this article with:
The digital asset sector (DAT) continues to expand, but Coinbase’s head of investment research, David Duong, expects the landscape of corporate crypto treasuries to narrow. Many smaller treasury players are likely to be acquired or merge, leaving only a handful of leading firms.
In brief
- David Duong from Coinbase expects smaller treasury firms to merge or be acquired as the market consolidates toward larger players.
- Treasury…
