Years ago, when John E Deaton, a well-known crypto advocate and legal voice in the XRP community, predicted that exchange-traded funds (ETFs) and corporate crypto treasuries would expand beyond Bitcoin, many laughed! But today, those predictions are becoming reality—and fast.
Now, again, Deaton says that Wall Street’s greed could make XRP, ETH, and SOL the next big treasury assets.
Deaton had one simple theory: Wall Street is too greedy to sit back and let only a few players profit from crypto. Earlier, Deaton said Wall Street would never let Michael Saylor be the only one using Bitcoin as a treasury strategy.
According to Deaton, there are now between 60 and 100 companies that have implemented a Bitcoin treasury strategy.
He believed the same would happen with other tokens too, once Bitcoin’s treasury strategy worked, others wanted in — and not just with Bitcoin. Meanwhile, companies are now adding ETH, XRP, and SOL to their corporate balance sheets to gain an edge.
Deaton points out that at least five companies have already been betting on XRP’s treasury strategy:
Deaton pointed out that at least two companies now hold ETH as a treasury strategy, including Fundstrat and SharpLink Gaming, which has a $425 million ETH position supported by Consensys, Ethereum’s co-founder, Joseph Lubin’s company.
For Solana, the list is growing too:
Meanwhile, Deaton said that this wasn’t just about XRP, Ethereum, or Solana—it was about understanding human behavior, the hunger for returns, and the inevitability of crypto adoption in corporate finance.
As Deaton puts it, his predictions weren’t about specific cryptocurrencies, but about how people—and especially Wall Street—respond when they smell opportunity.
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