The Chopping Block: DATs Break Below NAV — Consolidation, Buybacks & Quantum Fear - Ep. 955

In this episode of Chopping Block, Haseeb Qureshi, Tom Schmidt, Robert Leshner, and Tarun Chitra discuss the current state of the crypto market, focusing on the DATpocalypse, where most DATs are trading below NAV. They explore potential strategies for DATs, such as M&A, capital structure experimentation, and selling crypto to buy back shares. The conversation shifts to the divergence between depressed token markets and strong equity raises, with Kraken's $20 billion valuation as a key example. They debate whether institutions are dampening volatility and how retail interest is shifting to AI stocks. Finally, they delve into the potential impact of quantum computing on blockchain security, discussing timelines, post-quantum cryptography, and the challenges of transitioning existing chains.