Crypto Investors Turn to Treasury Firms for Asset Protection Amidst Market Uncertainty

Nick Tomaino, founder of 1confirmation, a prominent crypto venture capital firm, has revealed that cryptocurrency investors are increasingly seeking the protection of treasury firms to safeguard their assets. According to Tomaino, this model proves effective only when market sentiment broadly supports the use of cryptocurrencies as stores of value. He stressed that the absence of fraudulent insiders profiting from asset movements is crucial, highlighting a key distinction between truly decentralized tokens designed for safekeeping and ‘company coins’ controlled by specific entities.