Altcoin Treasury

Definition ∞ An altcoin treasury is a reserve of digital assets held by a decentralized autonomous organization or a project team, consisting primarily of cryptocurrencies other than Bitcoin. These holdings support the project’s development, operations, and ecosystem growth. The treasury functions as a financial resource, providing capital for initiatives and maintaining network stability. Its composition and management reflect the project’s financial health and strategic direction.
Context ∞ News regarding altcoin treasuries frequently covers proposals for asset allocation, spending decisions, or reports on their financial status. The governance of these treasuries, often managed through community votes, can be a point of contention or a sign of robust decentralization. Monitoring treasury movements offers insight into a project’s long-term viability and market influence.