Expect Half of DATs to Consolidate: David Bailey

Bloomberg TechnologyTuesday, December 9, 2025 at 8:50:10 PM
NeutralTechnology
Expect Half of DATs to Consolidate: David Bailey
  • David Bailey, CEO and Chairman of KindlyMD, predicts that half of digital-asset treasury firms (DATs) will consolidate by next year, highlighting a significant shift in the cryptocurrency sector. This statement was made during his appearance on Bloomberg Crypto, where he discussed the evolving landscape of digital assets.
  • The anticipated consolidation of DATs could reshape the competitive dynamics within the cryptocurrency market, potentially leading to increased efficiency and innovation among the remaining firms. Bailey's insights reflect a growing trend towards consolidation in the industry.
  • This development underscores broader themes in the cryptocurrency space, including the challenges faced by smaller firms in a rapidly changing market and the ongoing discussions about the stability and regulation of digital assets, particularly as Bitcoin and decentralized finance continue to gain traction.
— via World Pulse Now AI Editorial System

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