THE EVOLUTION OF CORPORATE FINANCIAL OPERATIONS UNDER CRYPTOCURRENCY-BASED ECOSYSTEMS
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This paper explores the transformation of corporate financial operations within the rapidly expanding cryptocurrency-based ecosystem. As decentralized technologies reshape global financial infrastructures, corporations are re-evaluating their financial management practices, treasury models, and strategic investment structures. Using a qualitative IMRaD framework, the study investigates how corporate financial operations evolve in response to digital asset adoption, blockchain integration, and decentralized finance (DeFi) mechanisms. The findings indicate that cryptocurrency-based ecosystems significantly influence corporate liquidity management, cross-border payments, governance systems, and risk frameworks. However, challenges related to volatility, regulatory inconsistencies, cybersecurity risks, and accounting limitations continue to affect large-scale corporate adoption. The study concludes that the evolution of corporate finance in the era of cryptocurrencies requires balanced innovation.
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