CertiK’s New DAT Report: ‘How You Hold’ Crypto Now Matters More Than ‘What You Hold’

By admin On Nov 6, 2025

Bitcoin’s Next Move Depends On This Factor…

May 14, 2026 0

Crisis of Confidence: 14 Protocols Exit or Suspend…

May 14, 2026 0

Blockchain security firm CertiK has released its 2025 Skynet Digital Asset Treasuries (DAT) report, which introduces a new data-driven framework to measure how securely and responsibly companies manage large crypto holdings. The report highlights a maturing corporate crypto market now facing closer regulatory and investor scrutiny.

Why ‘How You Hold’ Now Matters More Than ‘What You Hold’

CertiK notes that corporate crypto holdings have grown from an experimental strategy into a major financial asset class. Public companies now collectively hold over $130 billion in digital assets on their balance sheets.

As spot crypto ETFs make exposure to digital assets more accessible, investors are focusing less on what companies hold. Instead, they are focusing more on how those assets are managed securely and transparently. The report summarizes this shift: “DATs will be judged not by what they hold, but how they hold it.”

The ‘Five Pillars’ of Treasury Security

CertiK’s framework scores companies across five key areas that reflect operational strength and transparency:

Custodian & Third-Party Diligence
Internal Controls & Operational Security
On-Chain Risk Exposure
Capital Strategy Resilience
Regulatory & Disclosure Posture

The assessment looks at factors like custodian diversification, insider threat mitigation, SOC 2 audit results, wallet security, and public reporting standards.

Strategy Inc. (MSTR) Tops the 2025 Rankings

Strategy Inc. (MSTR) achieved the highest Skynet Score of 91.8, leading the 2025 rankings. CertiK credited the company’s use of regulated custodians, multi-signature wallets, annual SOC 2 audits, and transparent SEC filings for its top performance.

Other high scorers include MARA Holdings (MARA), Metaplanet Inc. (MTPLF), Bitcoin Standard Treasury Company (BSTR), BitMine Immersion Technologies (BMNR), XXI (CEP), CleanSpark Inc. (CLSK), Hut 8 Mining (HUT), SharpLink Gaming (SBET), and Forward Industries (FORD).

The New Market Standard: Security Over Speculation

CertiK’s report highlights several emerging trends shaping the future of corporate digital assets, including the rise of tokenized real-world assets (RWAs) and the potential use of central bank digital currencies (CBDCs) in treasury operations.

With new regulations like the EU’s Markets in Crypto-Assets (MiCA) and the U.S. CLARITY Act, company valuations have also changed. Valuations no longer depend only on the size of a firm’s reserves. They now also depend on the strength of its security, compliance, and risk management practices.

About CertiK

Founded in 2017 by Yale and Columbia professors, CertiK is the world’s largest Web3 security company, specializing in blockchain auditing and formal verification. The firm has worked with over 5,000 enterprise clients, helped safeguard more than $600 billion in digital assets, and identified over 180,000 vulnerabilities in blockchain systems.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source link