Odaily Planet Daily News: Juzhen Corporation announced its first purchase of $3 million worth of ENA tokens to implement its stablecoin governance token DAT strategy. (Zhitong Finance)
According to Odaily Planet Daily, Coinbase's global head of research stated in a recent report that the crypto market is expected to maintain its strength into the early fourth quarter of 2025, driven by ample liquidity, a favorable macroeconomic environment, and supportive regulatory developments. The report states that Bitcoin experienced six consecutive September declines between 2017 and 2022, but this "September effect" was broken in 2023 and 2024. The market is currently in the "player versus player" phase of the digital asset treasury (DAT) cycle, with capital flows accelerating toward large crypto assets and smaller DATs potentially entering a period of consolidation. As of September 10th, DATs held over 1 million BTC (approximately $110 billion), 4.9 million ETH (approximately $21.3 billion), and 8.9 million Solana (approximately $1.8 billion).
Odaily Planet Daily reports that at Bitcoin Asia 2025, Dr. Xiao Feng, Chairman and CEO of HashKey Group, stated that DATs (Digital Asset Treasuries) may become the optimal way to move crypto assets from on-chain to off-chain. He noted that DATs offer four advantages over ETFs: greater liquidity, higher price elasticity, more rational leverage design, and a built-in downside protection mechanism.
Odaily Planet Daily reports that LazAI, a Web 3-native AI infrastructure protocol, has announced the official conclusion of its whitelisting campaign and the launch of minting for Lazbubu, the first batch of AI companion data-anchored tokens (DATs) launched by Lazpad, its on-chain AI agent startup platform. Lazbubu companion DATs, the first entry point into the LazAI ecosystem, are AI agents with memory, personality, and evolutionary capabilities, designed for long-term interaction and value creation. In the "Exploration Zone," these unminted DATs await users to shape their growth stories through on-chain decision-making, conversations, and adventure recording.
Over 50,000 users participated in the month-long whitelist event. Whitelisted users could unlock a DAT blind box, where they could randomly receive Lazbubu DAT in four rarities: Common, Advanced, Rare, and Legendary.
Lazpad is an on-chain AI agent launch platform powered by LazAI's internal incentive ecosystem. Through an open and selective dual-track assetization path, it transforms complex AI models into interoperable, composable, and tradable agent tokens. These token-based AI agents create a co-creation, crowdfunding, open participation, and mutually beneficial ecosystem for creators, investors, and agents themselves.
Pantera Capital has disclosed for the first time that it has invested over $300 million in digital asset treasury (DAT) companies. These companies hold large amounts of crypto assets and use yield-based strategies to increase their token holdings per share. BitMine Immersion, a key Pantera holding, has become the world's third-largest DAT company after launching its Ethereum treasury strategy, holding 1.15 million ETH and a market capitalization of approximately $4.9 billion. Pantera noted that BitMine's ETH per share saw an approximately 330% increase in its first month, primarily driven by ultra-net-worth issuance and staking rewards. (The Block)
