The article explores how Digital Asset Treasuries (DATs) could evolve from speculative entities into sustainable economic forces within the cryptoeconomy. It discusses the potential of DATs to operate like publicly traded companies, focusing on their role in capital deployment and ecosystem governance. The insights highlight the growing importance of applications over infrastructure in generating revenue within the crypto space.

Hong Kong's Securities and Futures Commission (SFC) is scrutinizing the risks associated with digital asset treasuries (DATs) after observing high premiums on their stocks. SFC Chair Kelvin Wong expressed concerns over retail investors' understanding of these risks and announced plans for increased investor education. The regulator is also considering whether guidelines for DATs are necessary.

The Solana Foundation has facilitated numerous discounted token sales, leading to an increase in Solana-based digital asset treasuries. While this strategy boosts demand and visibility within the ecosystem, it may create valuation pressures for these treasuries as their numbers grow.