Wall Street does chase money, and having ETH on corporate balance sheets shows us that Ethereum is capable of bringing even more returns than it is being a speculative asset. This narrative power, he compared with the scarcity pitch of Bitcoin that initially attracted the attention of institutions.
About Build Phase to Profit Phase
More than ten years after making Ethereum scalable and affordable, Lubin claimed the network to be prepared to roll out mass apps. The possession of ETH allows those developers to pay charges and protect against currency volatility whilst also would provide an indication of their belief in the economics of the chain in the long term.
Early Movers
The biggest splash will belong to SharpLink Gaming as its hosts store over 200,000 Ether already, Lubin said. He observed that Bitmain and others are also coming in, and Consensys itself purchases tens of millions on ETH a day just to keep about it.
Prospects of Wall Street
Lubin envisions that treasury adoption will simplify the gap between supply and demand, reduce the contagion of price shock, and position Ether as a method of strategic storage of decentralized commerce. He thinks this along with increased decentralization will continue to drive ETH and Bitcoin in appreciation over the next few decades.
