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Why most crypto treasury companies are bound to struggle

Billions of dollars have flown into digital asset treasury companies this year, but not everyone will be a winner

By

Bilal Jafar

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‘There will be one or two successful digital asset treasury companies for every token,’ Arthur Hayes tells FN Photo: Michael Nagle/Bloomberg/Getty Images

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Only a handful of crypto treasury companies will make it big in the future. That’s according to Arthur Hayes, the former chief executive of crypto exchange BitMEX.

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