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Joe Lubin predicts that Ethereum's financial strategy will reshape Wall Street's perspective.
Gate News bot news, Consensys co-founder Joe Lubin stated that companies adopting the ETH treasury strategy will play a significant role in conveying the value of Ethereum to Wall Street. He emphasized that depositing ETH into the treasury is a powerful business model, which is crucial for stabilizing the market as more and more applications are built on Ethereum.
Lubin compared Bitcoin and Ethereum, believing that the value of Bitcoin is easier to understand, while Ethereum has invested in infrastructure to prepare for the transition to Web3. He also pointed out that regulatory barriers have slowed down the pace of token development.
SharpLink Gaming is considered the largest ETH asset management company, holding over 200,000 ETH. Lubin believes that the level of decentralization will continue to increase in the future, assisting in the strong growth of ETH and Bitcoin.