MSCI Reverses Plan to Exclude Crypto-Holding Companies from Indexes
MSCI has decided not to exclude digital asset treasury companies from its global benchmarks, removing a significant risk for firms holding cryptocurrencies as primary assets. This decision validates the institutional legitimacy of these companies at a time of increasing crypto treasury adoption.
洞察:
In a significant move for the cryptocurrency sector, MSCI, a leading index provider, has decided to shelve its plan to exclude digital asset treasury companies (DATCOs) from its global benchmarks. This decision reverses a proposal made in the fall of 2025 that would have removed these firms on the grounds that they resemble investment funds, which are typically excluded from such indexes. The reversal eliminates a material near-term technical risk that had threatened publicly traded companies holding cryptocurrencies like bitcoin and ether as primary treasury assets.
