IntoTheBlock

Across 368 entities, crypto treasury holdings now exceed $185 billion. Companies hold the clear majority at 73%, while governments still account for more than a quarter of total crypto treasury reserves.

Stablecoin transaction activity in European time zones rose sharply this year, suggesting that even amid stringent regulation, stablecoins are gaining meaningful traction and adoption across Europe.

Real-world assets (RWAs) have been one of DeFi’s fastest-growing segments this year, with total value up ~3× since January.

Over $2.5 billion in TVL was affected by exploits this year, suggesting that despite market maturation, risk remains a key consideration when deploying capital

PTs and YTs can offer significant benefits for DeFi strategies, but keep the following risk in mind👇

2025 was the year of crypto treasury strategies, with the combined value of crypto treasuries approaching $250 billion at its peak in September

Here's an overview of the current holdings of Bitcoin treasury companies. Perfect data for holiday-dinner crypto debates👇

We can't look back on 2025 without mentioning the Stream Finance & Elixir losses.
Stream Finance suffered a $93 million loss due to external fund manager failure, triggering a catastrophic default for their xUSD token. As the markets scrambled to identify what curators and protocols were exposed, Elixir announced that they had significant allocation in Stream Finance and would not be able to cover the gap to repeg their stablecoin.
The entire event highlighted the need for further transparency in DeFi vaults and asset curation as many curators and strategists were exposed to losses as they so

The total amount of USDC borrowed on @inkonchain reached a new all-time high of $8.9 million on Saturday
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