ConsenSys Founder: Wall Street's ETH Financial Strategy Will Accelerate DeFi Adoption

Gate News bot news, Ethereum co-founder and ConsenSys founder Joseph Lubin stated that the Bitcoin and ETH reserves of large Wall Street firms will play a key role in accelerating the transition from traditional finance (TradFi) to decentralized finance (DeFi).

Stretagy and Metaplanet are leading the construction of Bitcoin treasure vaults, while Sharplink Gaming is building ETH treasure vaults. Lubin stated that these strategies represent "the first large-scale access of TradFi to DeFi," marking a significant shift in the global financial landscape.

Source: CoinGape

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