Illustrative public research universe · updated September 2026
Public DAT provider structures already vary materially.
This is not a complete market census. It is an illustrative set of public agreement families used to test provider economics, contract currentness, exit exposure, governance rights and observed outcomes. Similar headline fees can sit inside very different scopes, durations and lock-in structures.
| Company / provider | Role | Headline economics | Term / status | Why it matters | Primary public source |
|---|---|---|---|---|---|
| SkyAI / Sol Edge related party | Digital-asset treasury consulting / asset-management services | First year: $10M upfront, described as 2.5% of $400M digital assets. From Aug. 27, 2026: 2.0% up to $1B Account Equity; 1.75% next $500M; 1.5% above $1.5B | 20-year term; filed agreement states client termination during term can trigger all remaining fees / compensation through the term | Fee reset + related-party + long-duration exit control. Read case note → | June 2026 10-Q |
| Upexi / GSR Strategies | Discretionary SOL treasury management, including staking / restaking | 1.75% of managed assets | 20 years; company termination without cause requires 2/3 stockholder vote; other early termination economics include a contractual fee floor | Useful control showing that high fees and long terms are not unique by themselves. | Executed agreement |
| AVAX One / Hivemind related party | Discretionary AVAX management and staking | 1.25% annual fee, payable quarterly in advance | Current in June 2026 public filings | Chairman-controlled manager; illustrates why governance and fee-payment cadence belong in the peer matrix. | June 2026 10-Q |
| Solana Company / Pantera | Trading advisory / management of substantially all digital assets, derivatives, cash and other assets | 1.0% ≤ $1B AUM; 0.75% $1B–$5B; 0.50% above $5B | 10-year initial term; successive one-year renewals by mutual agreement | Strong same-role comparator for scope-normalized management economics. | September 2025 10-Q |
| Forward Industries / Galaxy | Discretionary investment management; staking affiliate permitted | 0.60% of account assets | 3-year initial term + successive one-year renewals | Lower-fee control with broad discretionary scope. | June 2026 10-Q |
| CEA Industries / 10X Capital | Digital-asset treasury asset management | Latest Sep. 2026 filing describes 1.4% of DAT Strategy assets; earlier Board benchmark referenced 1.75% | 20-year structure through 2045; accrued unpaid fees and litigation remain part of the current public record | Direct evidence that DAT agreement benchmarking can feed a live renegotiation and currentness problem. Read case note → | September 2026 10-Q |
| ETHZilla / Electric Treasury Edge | Discretionary ETH-focused asset management | 2.0% annual asset-based fee; $2M annual minimum | Amended and restated Sept. 2025; mutually terminated May 29, 2026 | Contractual 85% remaining-compensation formula ultimately resolved through a $1.5M negotiated payment. Read case note → | Termination disclosure |
| Eightco / Worldcoin Tower | Digital-asset treasury / strategic asset consulting | Current A&R structure: 1.00% of AUM plus milestone incentives | Original agreement had 5-year initial term with automatic five-year renewal; amended and restated May 1, 2026 | Illustrates scope expansion and version-control risk inside the same agreement family. | Amended agreement |
| Canton Strategic / DRW Canton Investments + advisors equity economics | Strategic advice on Canton Coin treasury strategy, vendor selection and asset-management providers | Advisor warrants equal to 5% of fully diluted offering shares at $0.001 exercise; $31.7M stock-based compensation recorded in H1 2026 | 3-year initial term + automatic one-year renewals; warrants fully earned despite early termination | Shows how equity consideration and governance rights can dwarf a simple recurring-fee comparison. | Strategic Advisory Agreement |
| Greenlane / strategic advisors equity economics | Strategic advice for BERA treasury transition | 5.264M advisor warrants at $0.01; described at about $20.2M value at offering | 3-year initial term + automatic one-year renewals; master warrants had no substantive vesting / forfeiture service condition | Useful comparison for upfront equity economics, governance and non-renewal risk in a provider/adviser package. | Strategic Advisor Agreement |
Entries are factual public-source research controls, not recommendations or market-rate conclusions. A client engagement re-verifies currentness, amendments and relevant facts as of the delivery date before any comparison is used.
Board / CFO decision review