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Joe Lubin predicts that Ethereum treasury strategies will reshape Wall Street's perception.
Joe Lubin, co-founder of Consensys, stated that companies adopting the ETH treasury strategy will play a crucial role in conveying the value of Ethereum to Wall Street. He emphasized that holding ETH in the treasury is a robust business model, necessary to stabilize the market as more applications are built on Ethereum.
Lubin compared Bitcoin to Ethereum, arguing that Bitcoin has a more understandable value, while Ethereum has invested in infrastructure to prepare for the transition to Web3. He also pointed out that regulatory barriers have slowed the development process of tokens.
SharpLink Gaming is considered the largest ETH treasury company today, with over 200,000 ETH held. Lubin believes that decentralization will continue to increase in the future, helping Ether and Bitcoin grow robustly.