Market consolidation in crypto is only just beginning. In his latest note, our CEO @jmmognetti explores what recent IPOs in the digital asset industry, such as @circle's one, may signal and why the rise of #Bitcoin treasury companies is starting to feel like a bubble. https://coinshares.com/insights/the-node/jean-marie-mognetti-output-30-05-25/?utm_source=twitter&utm_medium=social&utm_campaign=Node_Output_0525&utm_content=jean-marie-mognetti-output-30-05-25