Why this Wall Street veteran is betting on Avalanche
Episode 16 of Layer One, hosted by The Block's Kelvin Sparks, was recorded with Avalanche Treasury Company (AVAT) CEO Bart Smith.
In Episode 16 of Layer One, The Block’s Kelvin Sparks was joined by Avalanche Treasury Company (AVAT) CEO Bart Smith. Bart explained the thesis behind treasury companies as a way to get regulated, permanent-capital exposure to AVAX and the Avalanche ecosystem. He also covers his Wall Street/ETF background, why real-world-asset tokenization needs "productive" assets to matter, and why he thinks crypto's investment thesis is stronger than ever.
OUTLINE
00:00 - Introduction
01:22 - What Is AVAT?
03:59 - Wall Street Roots & Crypto's Rise
06:19 - The Bitcoin ETF Bet
08:58 - Hiring a COO
11:13 - Why Own AVAT?
15:56 - Scaling Avalanche & RWAs
22:54 - DeFi, TradFi & AI Fears
33:03 - Policy Risks & RWA Forecast
40:08 - Closing Thoughts
John Wu -
Kelvin Sparks -
The Block -
Ava Labs -
Avalanche -
The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit
Sign up for a trial today:
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Silver price retreats as rising US yields, Hormuz tensions bolster US Dollar
U.S. August JOLTS job openings fall to a 5-month low, missing expectations for the third consecutive month
In August, job openings in the United States fell to 7.079 million, below economists' expectations of 7.228 million. Job vacancies in the real estate and rental sector were only 50,000, nearly halved from the previous month. The quit rate remained at 1.9%, matching the lowest level since 2020. The ratio of job vacancies to unemployed persons dropped to 1.0. Analysts have noted that net hires implied by the JOLTS report have been lower than the nonfarm payroll report for three consecutive months, indicating a significant downside risk for this Friday’s nonfarm payroll data.
CLARITY Vote Wasn’t the End: 5 Altcoins to Watch Before the Next Crypto Catalyst
AI Predicts Bitcoin Path as Strategy Moves 3,568 Coins
Crypto prices
More
