From Binance to Nasdaq—Alt DATs Rewrite the Listing Playbook While BTC and ETH treasuries are crowded trades and SOL waits for its make-or-break moment, Alt-Coin Dedicated Asset Treasuries (DATs) are sprinting onto Nasdaq via 30-day PIPE deals. Their pitch is simple: skip the crypto exchange queue, mint new shares, swallow a pile of tokens, and promise a “buy-back-and-burn” that actually monetises the premium. Retail gets a story, PIPE funds get a discounted mark-to-NAV (mNAV) entry, and ever...

From Binance to Nasdaq—Alt DATs Rewrite the Listing Playbook While BTC and ETH treasuries are crowded trades and SOL waits for its make-or-break moment, Alt-Coin Dedicated Asset Treasuries (DATs) are sprinting onto Nasdaq via 30-day PIPE deals. Their pitch is simple: skip the crypto exchange queue, mint new shares, swallow a pile of tokens, and promise a “buy-back-and-burn” that actually monetises the premium. Retail gets a story, PIPE funds get a discounted mark-to-NAV (mNAV) entry, and ever...