Shane Molidor, founder of blockchain consulting firm Forgd, has raised concerns about the spread of information asymmetry and front-running from the token market to institutional products like Digital Asset Trusts (DAT). Initially focused on large-cap tokens such as Bitcoin, DATs are now increasingly targeting smaller-cap, less liquid tokens to seek higher returns, making them more vulnerable to manipulation. Molidor highlighted that the fundraising process for DATs often involves early access trading. Insiders, during interactions with potential investors, can gain advance knowledge of which tokens will be purchased, enabling them to buy these assets on the secondary market ahead of others. This practice allows insiders to potentially profit from anticipated price increases, exacerbating the risks of front-running in these financial instruments.