CertiK’s New DAT Report: ‘How You Hold’ Crypto Now Matters More Than ‘What You Hold’

Blockchain security firm CertiK has released its 2025 Skynet Digital Asset Treasuries (DAT) , which introduces a new data-driven framework to measure how securely and responsibly companies manage large crypto holdings. The report highlights a maturing corporate crypto market now facing closer regulatory and investor scrutiny.

Strategy Inc. (MSTR) achieved the highest Skynet Score of 91.8, leading the 2025 rankings. CertiK credited the company’s use of regulated custodians, multi-signature wallets, annual SOC 2 audits, and transparent SEC filings for its top performance.

Other high scorers include MARA Holdings (MARA), Metaplanet Inc. (MTPLF), Bitcoin Standard Treasury Company (BSTR), BitMine Immersion Technologies (BMNR), XXI (CEP), CleanSpark Inc. (CLSK), Hut 8 Mining (HUT), SharpLink Gaming (SBET), and Forward Industries (FORD).

CertiK’s report highlights several emerging trends shaping the future of corporate digital assets, including the rise of tokenized real-world assets (RWAs) and the potential use of central bank digital currencies (CBDCs) in treasury operations.

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Founded in 2017 by Yale and Columbia professors, CertiK is the world’s largest Web3 security company, specializing in blockchain auditing and formal verification. The firm has worked with over 5,000 enterprise clients, helped safeguard more than $600 billion in digital assets, and identified over 180,000 vulnerabilities in blockchain systems.