Svmuu News: Nate Geraci, President of ETF Store, posted on X that Atlas Capital—in which “Dr. Doom” Nouriel Roubini has a stake—is planning to launch a digital token backed by U.S.-listed ETFs.
Citing relevant remarks, Nate Geraci noted, “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 longstanding criticism of cryptocurrencies, his involvement in launching a product related to digital assets holds significant symbolic importance and represents an industry trend worth watching.
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ETF Store President: Roubini Joins Atlas Capital, Which Will Launch an ETF Supporting Digital Tokens
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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