Crypto Investors Seek Treasury Firms for Asset Protection, Says 1confirmation Founder

According to BlockBeats, Nick Tomaino, founder of the crypto venture capital firm 1confirmation, expressed that every cryptocurrency holder is currently seeking treasury firms to safeguard their assets. Tomaino highlighted that the model of treasury firms is effective only when the market widely believes in the cryptocurrency's function as a store of value. He emphasized that no one wants fraudulent insiders to profit, which marks a significant difference between tokens that can neutrally serve as a store of value and so-called 'company coins.'