Crypto Treasury Shifts to Stablecoins and Tokenized Assets
Institutions and DAOs are evolving their crypto treasury strategies beyond static Bitcoin (BTC) and Ethereum (ETH) holdings. According to Bitwise, Q3 saw 48 BTC added to corporate and DAO treasuries. Fireblocks projects stablecoins and tokenized money-market funds will lead future crypto treasury allocations, followed by tokenized US Treasuries, corporate debt and real estate NFTs.
FG Nexus CEO Maja Vujinovic envisions next-phase crypto treasuries as on-chain networks supporting staking, lending and tokenized assets under transparent, auditable protocols. Projects like KWARXS plan to tie treasuries to real-world outputs, including renewable energy, supply-chain assets and carbon credits. Glider highlights on-chain stocks, tokenized gold, NFTs and real estate as viable assets once liquidity and regulatory frameworks mature.
However, institutional boards and auditors demand clear valuation and liquidity, limiting adoption of experimental holdings like NFTs. Market participants expect regulatory clarity, consistent accounting standards and deeper liquidity to shape which tokenized assets and stablecoins enter mainstream crypto treasury management.
Bullish
This evolution in crypto treasury management is bullish as it signals growing institutional demand for crypto, particularly stablecoins and tokenized assets. In the short term, increased treasury allocations to stablecoins and tokenized funds may boost liquidity and trading volumes for USDT, USDC, tokenized money-market funds, and supportive protocols. Long term, transparent on-chain staking and tokenization of real-world assets could enhance market maturity, drive adoption, and stabilize flows into BTC and ETH. However, adoption pace hinges on regulatory clarity and liquidity, but overall institutional engagement points to a positive market outlook.