Loss-making firms find new life as crypto 'DAT' boom sweeps markets

NEW YORK CITY, New York: A sunscreen that claimed to repel sharks. A lavender-vodka distiller. A company selling a drink that promises to cut your blood-alcohol level in half. For years, these oddball businesses had little in common beyond significant losses and languishing stocks. Now they share something else, a crypto makeover.

Across markets, a wave of struggling public co