We’re watching the rise of the next-gen treasury vehicle — DAT — unfold in real time! A DAT company isn’t just a proxy, alternative, or leveraged bet on digital assets. It’s a proactive operator that builds working capital, generates yield, and creates real value. Also, we're seeing the emergence of the next-gen of DATs as a bridge between public on-chain environments and various capital markets, including Japan and Korea! Japan, home to Metaplanet and poised to become the most advanced DAT market after Nasdaq, is now connecting with global players. During Japan’s biggest Web3 conference, WebX, Skyland Ventures will host TOKEN Summit Tokyo 2025 – The Next Generation of Tokens & Treasury Companies featuring Solana DAT leader @DeFidevcorp, Japan’s own @Remixpoint_x, and Nasdaq DAT trendsetters @Dragonfly_xyz & @Galaxyhq Aren’t you curious to see how that unfolds? DeSpread will be on the ground to explore every corner.