Mike Novogratz dey predict say dem go reach peak for Corporate Crypto Treasury adoption

Published: 2025-08-06 05:56:44 |

Galaxy Digital CEO Mike Novogratz warn say di increase of companies wey dey add crypto for their balance sheets — dem dey call this crypto treasury companies — don probably reach im highest point. For di firm's Q2 2025 earnings call, Novogratz talk say early players follow Michael Saylor Bitcoin-focused model, but newer ones dey diversify to Ethereum (ETH), Solana (SOL) and small-cap tokens. E ask which crypto treasury companies go be market leaders as new issuances slow down. Galaxy Digital don dey manage assets for more than 20 crypto treasury companies, with about $2 billion funds under management and dey generate recurring revenue from management fees. Di firm report net income of $30.7 million for Q2, a better result from $177 million loss last year, but adjusted EPS of $0.08 no meet analyst forecast. Novogratz also mention exchange-traded funds as another way for institutions enter digital assets and say traditional financial institutions fit eventually move to blockchain-based market structures. But e talk say tokenization of traditional assets still dey unsettled, mention SEC’s “Project Crypto” showing regulators interest in market innovation. This outlook show say established crypto treasury companies and ETFs go shape next phase of institutional adoption even as new players slow down.

Neutral

Novogratz talk balance caution wit optimism. E warn say di rate wey new crypto treasury company dem go fit slow, and dis fit reduce di kpata kpata market bet dem. But di steady growth for di main big company dem, Galaxy Digital profit change and how dem dey add ethereum plus solana custodian service show say institution still get steady demand. History show say when profit dem come out and institution still dey interested, e fit balance market even if fast growth slow down. For short term, trader fit see less movement as market dey try absorb dis change; for long term, strong participation from ETF and big treasury players go support small small growth.