[Cryptocurrency Executive: DAT Stock Tokenization Increases Investor Risk] According to a report by Golden Finance, Kanny Lee, CEO of decentralized exchange SecondSwap, stated that the digital asset repository (DAT) company, which tokenizes stocks on the blockchain, exacerbates risks for both investors and its own business. The tokenization of DAT equity essentially creates a synthetic asset on top of another synthetic asset. Investors ultimately face dual risks: first, the volatility of treasury-backed cryptocurrencies, and second, the complexities of company equity, governance, and securities laws. This adds significant risk to an already volatile asset. Severe on-chain price fluctuations occurring outside traditional market hours could lead to a run on the stocks of financial companies that issue tokenized stocks alongside traditional stocks, leaving these companies insufficient time to respond to price shocks.