Glossary · moving money
What is crypto treasury management?
Crypto treasury management is deciding what digital assets your company holds, in what proportion, and where. For a business taking crypto payments it starts as a much smaller question: how much of what arrives do you keep.
The version that applies to a payments business
Corporate treasury in crypto gets discussed as though every company is deciding whether to put its balance sheet into bitcoin. Very few are. Most face a narrower and more immediate question.
Money arrives in whatever asset the customer paid with. You either convert it all, keep it all, or hold a proportion. That decision, made once and written down, is treasury management for the overwhelming majority of businesses here.
The reason to write it down is that not deciding is also a decision, taken by whoever set your settlement currency. If incoming payments accumulate in an asset nobody chose to hold, you have a position by accident.
The second question is where it sits. Funds at a regulated provider, funds in your own custody, and funds spread across both carry different risks, and the right split depends on how much you hold and for how long.
Three questions to answer once
Written down, they take ten minutes. Unwritten, they get answered by default.
What proportion do you convert
Settlement currency is where this gets implemented. It is an account setting, so it holds until someone changes it.
Frequently asked questions
Do I need a treasury policy to accept crypto?
No, but you will have one whether you write it or not. Your settlement currency setting is the policy. Writing it down just makes it deliberate.
Should I hold crypto or convert everything?
That depends on your risk appetite and your currency exposure, and it is not something we should tell you. What we can say is that the choice is an account setting rather than a per-order decision.
Can I hold several currencies at once?
Yes, and move between them from the dashboard. Multicurrency account
Is this different from digital asset custody?
Treasury management is the decision about what to hold. Custody is the arrangement for holding it. Custody