Lubin Backs ETH Treasuries to Boost Ecosystem Use
The post Lubin Backs ETH Treasuries to Boost Ecosystem Use appeared on BitcoinEthereumNews.com.
Jubin believes ETH treasuries will help attract more institutional interest. Through SharpLink Gaming, which he chairs, Lubin is spearheading efforts to accumulate large amounts of ETH. He describes these treasuries as essential for creating scarcity and driving long-term value. SharpLink recently boosted its ETH holdings to over 205,000 tokens worth $533 million, which resulted in a 28% surge in its stock price. Meanwhile, ReserveOne is set to go public through a $1 billion SPAC merger to help expand its own crypto reserve strategy. Joseph Lubin Pushes Ethereum Treasuries Ethereum (ETH) co-founder Joseph Lubin recently talked about the importance of ETH treasuries when it comes to driving the growth and sustainability of the Ethereum ecosystem. In a recent interview with CNBC, Lubin explained that while a big amount of ETH is in circulation, there is not enough usage to support healthy supply-demand dynamics. To address this imbalance, he is spearheading efforts at SharpLink Gaming, a company he chairs that aims to build Ethereum-based treasuries. Lubin described Ether treasuries as a “great business to run” and essential to making the Ethereum economy function more efficiently. SharpLink’s mission, according to Lubin, is to help communicate the Ethereum narrative in a way that resonates with traditional finance, particularly Wall Street investors who are increasingly seeking profitable opportunities in digital assets. He argued that ETH treasuries can play a pivotal role in generating both interest and scarcity around Ethereum by acquiring and holding large amounts. “We’re able to acquire tens of millions of dollars in Ether a day,” Lubin pointed out, suggesting that this accumulation will drive long-term value. Lubin is very confident in the future of both Bitcoin and Ethereum, and stated that he expects both assets to appreciate over the coming years and decades as global systems gradually decentralize. He also believes that…
Filed under: News - @ July 9, 2025 1:24 pm