DeFi Development publishes guide on Digital Asset Treasuries

DeFi Development (DFDV) announced its a comprehensive analysis, “Digital Asset Treasuries: The Next Frontier of Crypto Exposure,” exploring how publicly traded crypto-treasury companies are reshaping capital markets, and why Solana-focused DATs may emerge as the breakout structural innovation in the space. The blog post unpacks the DAT model across Bitcoin, Ethereum, and Solana, covering: How DATs operate: raising capital, acquiring crypto, compounding exposure, and enhancing value through staking, validator operations, and strategic debt & equity issuance. Risks & failure modes: dilution from poor equity/debt structures, discount issuance, operational and governance challenges, and mNAV compression. Why SOL DATs may outpace the pack: low fees, high throughput, staking yield, network momentum, and a relatively small market cap compared to ETH. Market outlook: estimated industry growth, competitive dynamics, and why only the most disciplined, transparent, and capital-efficient DATs will survive the next bear cycle.