From the perspective of the treasury, which copycats are being paid for by companies in 2025?

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Written by: 0xResearcher

If the market is a thermometer of emotions, then "treasury allocation" is the voting device of enterprises. Who puts real money on the balance sheet and bets on which altcoins are often more reliable than the buzz of social media. In 2025, we will see more and more listed companies incorporating non-BTC and non-ETH tokens into their treasuries in public disclosures, such as FET and TAO in the AI track, HYPE and ENA in the new DeFi infrastructure, as well as payment veterans LTC and TRX, and even DOGE with a stronger community color. Behind these positions, there are both business synergies and asset diversification demands, which give ordinary investors a window to "see the direction of the wind": who buys, why they buy, and how to use them after buying. From these questions, it will be easier for you to distinguish between strong and weak narratives, and understand which copycats are being taken seriously by "institutionalized funds"....

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