Investor discontent is growing in the crypto sector as major companies prioritize acquiring teams and intellectual property over compensating token holders. Notable transactions such as Circle's acquisition of Interop Labs, Kraken Ink's purchase of Vertex Protocol, and pump.fun's takeover of Padre have sparked criticism. Additionally, Aave Labs is under scrutiny from Aave DAO members following its integration of CoW Swap, with accusations of fee diversion.
This trend has heightened concerns about the rights of token holders, contributing to a rise in the fear and greed index among investors. The shift in acquisition strategy highlights a potential misalignment between corporate actions and token holder interests, prompting calls for greater transparency and accountability in the industry.
Crypto Acquisitions Shift Focus to Teams and Tech, Igniting Investor Backlash
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