ETF Store President: Roubini Joins Atlas Capital in Plan to Launch Digital Token Backed by ETFs

Odaily Planet Daily News ETF Store President Nate Geraci posted on X platform 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 involvement in launching a product related to digital assets carries significant symbolic meaning and is an industry trend worth watching.