Trader Eugene: Corporate reserve cryptocurrency may be the 'last wave opportunity' for altcoins

The decentralized asset trust (DAT) craze is emerging, connecting traditional funds with altcoins. Is the real crazy surge yet to come? (Previous report: The truth behind companies madly buying Bitcoin: internal executives cashing out and stock speculation games? How should investors analyze rationally?) (Background supplement: From the crypto world to Wall Street: How should crypto companies be valued to attract institutional attention?) Decentralized Asset Trusts (DAT), or what is more familiarly known as "Corporate Cryptocurrency Reserves," are rapidly gaining popularity in Wall Street and the startup industry by 2025. Veteran trader Eugene Ng Ah Sio warns that this may be the "last chance" for traditional funds to embrace altcoins on a large scale. Corporate crypto reserves open up traditional funding gaps DAT incorporates blockchain custody, ownership, and transparent management into smart contracts, eliminating centralized intermediaries and allowing banks, insurance companies, and pension funds to bypass regulatory boundaries and indirectly enter the crypto market. It is regarded by many institutions as the current "altcoin ETF alternative," providing a low-cost and compliant channel for holding coins. Regulations are also keeping up, with new frameworks such as (CLARITY Act) filling legal loopholes, making large funds more comfortable entering the market. In Eugene's view, DAT captures the market's attention because it "absorbs" liquidity originally scattered off-site and nets PoS tokens, utility tokens, and potentially tokenized real assets in the future. He said: It is now quite obvious that most capital either cannot or simply does not want to cross the gap between traditional finance and crypto by directly buying coins. The current DAT is more like a spare tire version of an altcoin ETF. Although the form is similar, it is ultimately not the real deal. We have not yet seen a DAT successfully ignite a flood of funds into a certain chain or token, but given the traditional financial community's preference for Ethereum, this could happen at any time. Theoretically, if funds really pour in, the performance of native crypto projects should be overshadowed, but the market does not seem to be aware of this yet. Although I think DAT is approaching its short-term high, the real madness may not have come yet. From stocks to on-chain Institutional investors are often restricted by compliance from directly holding altcoins, but are allowed to participate in publicly traded companies that own crypto assets. Bitcoin "treasury faction" Strategy's demonstration made more people realize that the same strategy can be copied to DAT. Banks and family offices can purchase share trust units to mark "token exposure" on their balance sheets while continuing to comply with traditional accounting and auditing standards. The demand side is also constantly expanding. According to Ripple's report, traditional financial investment in blockchain startups increased by 345 between 2020 and 2024. Institutional-grade custody solutions and cross-chain infrastructure have matured, further reducing the barrier to entry. Potential risks DAT grew rapidly in the early stages by taking advantage of "gray areas," but as asset portfolios become more diverse, securitization disputes emerge, and regulators are expected to strictly investigate information disclosure and customer review. Anti-money laundering, KYC, smart contract vulnerabilities, and liquidity pressure are all hard issues that investors need to assess. The real madness may not have come yet. The madness Eugene refers to is usually a "market rush," but another variable still exists. If traditional asset management giants really tilt the "risk balance sheet" toward crypto, altcoins are expected to usher in a new round of amplification, but if regulation turns around or DAT's cryptocurrency valuation bubbles, the craze may cool down instantly. Related reports Deloitte survey: 99% of corporate CFOs will adopt cryptocurrencies in the long term, with stablecoins and Bitcoin attracting much attention The truth behind companies madly buying Bitcoin: internal executives cashing out and stock speculation games? How should investors analyze rationally? Russia passes CBDC bill: starting in September next year, companies and banks will be forced to accept digital ruble payments. "Trader Eugene: Corporate reserve cryptocurrency may be the 'last wave opportunity' for altcoins." This article was first published on BlockTempo (Dynamic Zone Trend - the most influential blockchain news media).