‘one Trick Pony’ Crypto Treasuries May Soon Face A Wave Of New Rivals
Stablecoins, tokenized money market funds and tokenized treasuries could become a common treasury asset in the future, Fireblocks’ John Hallahan told Cointelegraph.
Digital asset treasuries will soon evolve beyond being “static vaults” for well-known cryptocurrencies and instead look to offer tokenized real-world assets, stablecoins and other assets that generate yield, according to crypto executives.
“The next phase of Web3 treasuries is about turning balance sheets into active networks that can stake, restake, lend, or tokenize capital under transparent, auditable conditions,” said Maja Vujinovic, the CEO of Ether (ETH) treasury company FG Nexus.
The number of crypto treasuries has exploded this year, with an October report from asset manager Bitwise tracking 48 new instances of Bitcoin (BTC) being added to balance sheets in the third quarter.
Sandro Gonzalez, the co-founder of the Cardano-based project KWARXS, which links real-world solar infrastructure to the blockchain, said DATs will shift from speculative storage to strategic allocation.
“The next wave of adoption will include assets that tie blockchain participation to tangible output — such as renewable energy, supply chain assets, or carbon reduction mechanisms,” Gonzalez said.
“Over time, this will redefine how organizations think about balance sheets in the Web3 era — not just as stores of value, but as instruments for measurable, sustainable contribution to real economic activity,” he added.
Brian Huang, the CEO of crypto investment platform Glider, said the decision of what can be adopted as a treasury asset is only limited by what is onchain.
“On-chain stocks and tokenized RWAs are the most obvious things to include in a treasury. Gold has skyrocketed this year, and it’s easier to hold tokenized gold than physical gold,” he said.
John Hallahan, the director of business solutions at digital asset custody platform Fireblocks, predicted there will be more adoption of stablecoins, tokenized money market funds and tokenized US Treasurys.
Source: CoinTelegraph
