ETF Store President: Roubini Joins Atlas Capital to Launch ETF-Backed Digital Token

Odaily reported that Nate Geraci, President of ETF Store, posted on X that Atlas Capital, with the participation of "Dr. Doom" Nouriel Roubini, is planning to launch a digital token backed by U.S.-listed ETFs.

Nate Geraci cited relevant statements, saying, "Bitcoin and other cryptocurrencies are not real money. We need better collateral, higher-quality reserve assets, and more reliable stores of value."

Geraci believes that, given Roubini's long-standing criticism of cryptocurrencies, his participation in launching a digital asset-related product carries significant symbolic meaning and represents an industry trend worth watching.