‘One trick pony’ crypto treasuries may soon face a wave of new rivals

Crypto executives anticipate that digital asset treasuries will transition from being static vaults holding well-known cryptocurrencies to active networks that tokenize capital, stake, lend, or restake assets under transparent conditions. This evolution is driven by the blurring lines between a treasury and a protocol balance sheet. The adoption of new assets is expected to include tokenized real-world assets (RWAs) like real estate and gold, stablecoins, and tokenized money market funds, as well as assets linking blockchain participation to tangible outputs like renewable energy. However, the adoption of less liquid or speculative assets, such as certain NFTs, will be constrained by accounting standards, regulatory clarity, and the need for assets to maintain value and liquidity for fiduciary duty. While tokenized real assets with inherent value propositions may gain traction, pure Web3 assets beyond major cryptocurrencies are likely to remain experimental for traditional companies.

(Source：Cointelegraph)