as the digital asset treasury plays keep rolling in, the next step will be teams or founders acquiring majority ownership in public companies, enabling them access to institutional capital that invests in their own tokens without having to publicly list their underlying protocols and be subjected to the scrutiny of regulators this also enables tokens to steer clear of being labeled as a security and brings institutional capital to the protocols, which ultimately benefits token holders without dilution another words, the flywheel effect for these tokens begins to compound