‘Active Treasury’ is a dangerous misnomer that must not be ignored
The term "Active Treasury" misleads everyone. Digital asset treasuries chasing yield via staking and tokens become operators, not holders, demanding fund-grade governance or regulatory reclassification.
Opinion by: Abdul Rafay Gadit, co-founder at Zignaly and ZIGChain Digital asset treasury companies (DATCOs) are facing a classification problem that the market can no longer ignore. DATCOs were b… [+6446 chars]