Ian Balina | Source | CEO of Token Metrics at Token Metrics

Ian explains, “MicroStrategy’s use of stock sales and convertible debt for Bitcoin isn’t typical, acting more like a Bitcoin ETF.” He warns of amplified risks for shareholders if Bitcoin's price falls, potentially eroding the balance sheet. While MicroStrategy might endure a prolonged Bitcoin slump, equity holders would struggle, as the stock is now closely tied to Bitcoin's performance.

Ian says RWA tokenization is "the next logical step in making finance more inclusive," allowing fractional ownership of assets like real estate. While trust in asset management is a risk, the benefits include diversification and transparency. Ian foresees growth as infrastructure and regulations evolve, bridging traditional finance with blockchain's liquidity and programmability.

Ian explains, "Bull markets show upward momentum and optimism, while bear markets bring uncertainty." Crypto's speculative nature leads to sharper cycles, influenced by sentiment and innovation. Key indicators include price momentum, on-chain data, and whale activity. Token Metrics' AI tracks these to spot early trends, offering a proactive strategy in the volatile crypto space.