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Kindly MD commits a $5 billion allocation to bitcoin while the rise of decentralized asset tokens (DATs) is linked to growing concerns about liquidity across altcoin markets. The headline ties a major institutional bitcoin position to market-structure shifts driven by tokenized assets, suggesting potential capital migration toward bitcoin and away from smaller tokens. The framing highlights risks for altcoin liquidity and implies that DAT-related flows could concentrate trading volume and liquidity dynamics around larger, more liquid assets like bitcoin.