Standard Chartered Sounds Alarm on Looming Crypto Cleanup


16h34 ▪
4
min read ▪ by
Evans S.

Standard Chartered sounds the alarm. Crypto treasury companies, built around the accumulation of bitcoin, Ethereum, and Solana, face a major crisis. The collapse of the mNAV weakens their business models and signals a consolidation phase where only the strongest players will be able to continue growing.

Giant silhouette sweeps Bitcoin and Ethereum in a futuristic city, symbolizing the crypto purge.Giant silhouette sweeps Bitcoin and Ethereum in a futuristic city, symbolizing the crypto purge.

In brief

  • Standard Chartered warns of a major crisis affecting crypto treasury companies, weakened by the mNAV collapse.
  • Market saturation and excessive dependence on Bitcoin,…

Source link