Standard Chartered Sounds Alarm on Looming Crypto Cleanup
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min read ▪ by
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.
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,…