BTC, SOL and HYPE treasury execs forecast M&A, diversification and more institutional adoption in 2026
Treasury executives from BTC, SOL, and HYPE-focused firms predict consolidation, diversification into new revenue streams, and increased institutional adoption in 2026.Summary
Following a volatile 2025, executives from digital-asset treasury (DAT) firms anticipate 2026 will be characterized by market consolidation and Mergers & Acquisitions (M&A), according to Tyler Evans, CIO at KindlyMD. While some executives, like Hyunsu Jung of Hyperion DeFi (HYPE treasury), foresee scrutiny leading to consolidation, Brian Rudick of Upexi (SOL treasury) doubts widespread M&A due to valuation discrepancies between sellers and buyers, suggesting activist involvement instead. With crypto prices pressuring net asset values, DATs are actively exploring diversification beyond simple holding strategies. Evans expects integration of core operating businesses and financial products, while Jung highlighted Hyperion DeFi's move into onchain perpetual futures to generate cash revenue decoupled from the HYPE token price. Other firms are exploring staking, like BitMine with Ethereum. All three executives anticipate continued institutional adoption, heavily contingent on regulatory clarity, particularly the potential passage of the U.S. Digital Asset Market Clarity Act, which they believe will unlock significant capital and support higher digital asset prices.
(Source：The Block)