Crypto treasury companies pivot to fringe tokens, stoking volatility concerns

DAT firms are moving from big-cap cryptocurrencies into fringe tokens, increasing volatility risks in crypto markets.

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21 days ago

Crypto treasury companies pivot to fringe tokens, stoking volatility concerns

Crypto treasury companies pivot to fringe tokens, stoking volatility concerns
A Reuters analysis found that companies building up cryptocurrency treasuries are shifting from major coins like bitcoin and ether into lesser-known tokens amid saturation in the core crypto market. More than 200 digital-asset treasury (DAT) firms control ≈ US$150 billion in crypto assets; many are reportedly acquiring speculative tokens hoping for outsized returns, raising concerns about increased market volatility and investor risk. 
Tags:
  • crypto
  • digital assets