Episode 16 of Layer One, hosted by The Block's Kelvin Sparks, was recorded with Avalanche Treasury Company (AVAT) CEO Bart Smith.

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In Episode 16 of Layer One, The Block’s Kelvin Sparks was joined by Avalanche Treasury Company (AVAT) CEO Bart Smith. Bart explained the thesis behind treasury companies as a way to get regulated, permanent-capital exposure to AVAX and the Avalanche ecosystem. He also covers his Wall Street/ETF background, why real-world-asset tokenization needs "productive" assets to matter, and why he thinks crypto's investment thesis is stronger than ever.

00:00 - Introduction

01:22 - What Is AVAT?