Coinbase Investment Research Head: Crypto Treasury Companies May Trigger a Wave of Mergers and Acquisitions

ChainThink report, October 2nd, David Duong, head of investment research at Coinbase, stated that as the market cycle matures and companies strive to attract investors, companies may begin to push forward merger and acquisition transactions, and digital asset treasury companies (DATs) will eventually be integrated into the hands of a few large institutions, similar to the recent collaboration between Strive and Semler Scientific.

Strive, which has transformed from an asset management company into a Bitcoin treasury company, announced on September 22nd that it will acquire Semler Scientific, another digital asset treasury company (DAT), through a stock-only transaction.