MSCI index likely to kick out crypto treasuries, exec warns — TradingView News
Digital asset treasury companies could face “meaningful pressure” if the stock market index MSCI decides to exclude them in January, according to an analyst, who told Cointelegraph that this is likely.
The MSCI Index announced in October that it was consulting with the investment community about whether to exclude Bitcoin (BTC) and other digital asset treasury companies (DATs) that have a balance sheet with more than 50% crypto assets.
Some of the feedback has been that DATs can “exhibit characteristics similar to investment funds, which are currently not eligible for index inclusion,” according to the MSCI.
Speaking to Cointelegraph, Charlie Sherry, Head of Finance at Australian crypto exchange BTC Markets, said in his view,…
