How the Institutional Playbook for Crypto Is Being Rewritten by DATs and RWAs

Crypto’s institutional playbook is being rewritten.From Digital Asset Treasuries (DATs) inspired by the MicroStrategy model to the explosive rise of tokenized real-world assets (RWAs), a new wave of capital is flowing on-chain.Jeff Park, co-founder of Pro Cap, and Carlos Domingo, CEO of Securitize, join The Crypto Tape to break down how these structures are reshaping markets, bridging TradFi and DeFi, and driving billions of dollars in new investment.DATs are emerging as crypto’s version of the permanent capital vehicle. RWAs are creating yield-bearing products backed by traditional assets. Together, they’re bringing institutional capital back to crypto and setting the tone for the next market cycle.Inside the episode: Why DATs provide more value than ETFs The 3 elements that distinguish successful DATs from the long-tail Why yield-bearing assets are driving institutional interestThe blurring line between retail and institutional investorsHow these new structures will define the next bull cycleAccording to RWA.xyz, over 34.8 billion dollars have already been tokenized on-chain. The next wave of growth won’t be driven by speculation, but by structure.