It's great to see treasury teams starting to deploy $ETH on-chain, and it's easy to imagine this expanding to other major assets like $XRP, $BTC, and beyond, whether or not those assets offer native yield. New treasury companies are emerging almost daily, and on-chain deployment will quickly become the default strategy. I believe this shift isn't just about yield. It's about transparency, composability, and putting idle capital to work across many ecosystems. Excited to see where this goes!