“We’ll Accumulate More Ethereum Than Any Project,” Says Joe Lubin
Main Idea
Ethereum is entering a new institutional phase, with companies like SharpLink Gaming integrating ETH into their treasuries and leveraging its programmability and staking capabilities, while co-founders Joe Lubin and Vitalik Buterin drive its adoption and long-term vision.
Key Points
1. Joe Lubin, Ethereum co-founder and ConsenSys CEO, became chairman of SharpLink Gaming, which pivoted to building an Ethereum-focused treasury.
2. SharpLink Gaming holds over 360,000 ETH ($1.3B), and BitMine holds 566,776 ETH ($2.1B), using ETH as part of their core treasury strategy and staking it for yield.
3. Lubin highlighted Ethereum's growing utility in finance and decentralized infrastructure, noting its advantages over Bitcoin due to programmability and staking.
4. Vitalik Buterin remains confident in Ethereum's long-term potential for DeFi and real-world applications despite recent adjustments like the Decun upgrade.
5. Public companies now hold over $3.2B in ETH, signaling a shift in Ethereum's narrative from 'digital oil' to a yield-generating, programmable asset.
Description
The post “We’ll Accumulate More Ethereum Than Any Project,” Says Joe Lubin appeared first on Coinpedia Fintech News In May, Ethereum co-founder and ConsenSys CEO Joe Lubin quietly took the reins as chairman of SharpLink Gaming, a NASDAQ-listed company that pivoted from sports betting to building an Ethereum-focused treasury. At first glance, it seemed like a niche shift. But now, the bigger picture is becoming clear: Ethereum is entering a new institutional chapter , and Lubin is at the forefron...
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