DATs become corporate crypto’s standard while Stablecoins take over payments in 2025.

The return of Institutional Custodies and spot BTC/ETH ETFs are propelling Digital Asset Treasuries, while HTX is fortifying fiat ramps.

The Digital Asset Treasury (DAT) strategy has moved from an experiment to a consensus playbook for public companies seeking balance-sheet exposure. Digital Asset Treasuries are listed companies that accumulate tokens as treasury assets, using the stock market’s financing power to steadily increase onchain holdings.

In its half-year report, HTX research breaks down how the DAT strategy has become the industry standard, how perpetual aggregators ballooned, how stablecoins remain a dominant narrative, and more. 

Download HTX Research’s H1 2025 report to learn how DATs became the industry standard, why stablecoins dominate and more.

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