$ETH Sovereign Wealth Funds Eye #Ethereum Infrastructure Builds
Consensys CEO Joe Lubin has revealed that major sovereign wealth funds from an unnamed "very big" country are exploring Ethereum infrastructure development.
The discussions focus on building both #layer-1 infrastructure and custom layer-2 constructs within the Ethereum ecosystem.
Lubin believes decentralized protocols will power the next global financial system as traditional finance shows "structural fatigue."
His firm recently led a $425 million investment in #SharpLink Gaming to establish an Ethereum #treasury using staking and DeFi strategies.
#Ethereum co-founder maintains
$ETH could eventually surpass
$BTC as the "gold standard in trust" due to its productive asset capabilities.
Lubin described Ethereum as potentially becoming the most valuable trust commodity on the planet.
