Consensys CEO: BTC, ETH Treasuries Are Wall Street’s DeFi Entrance

Ethereum co-founder and ConsenSys CEO Joseph Lubin thinks Wall Street’s entry into decentralized finance is currently underway, and it’s being led by corporate Bitcoin and Ethereum treasury strategies. In a recent post responding to Fundstrat’s Thomas (TOM) Lee, Lubin highlighted that companies like MicroStrategy (MSTR) and Semler Scientific ($SMLR, now SBET) aren’t just purchasing crypto, they’re shaping a new investment class that brings traditional financing into the DeFi ecosystem. According to Lubin, the key to capturing institutional attention isn’t idealism, it’s efficiency. He argues that when treasury techniques tied to digital assets start providing stable returns, investment firms will be motivated to understand how these mechanisms work. This, Lubin expects, will soon become mainstream discussions in earnings calls, Bloomberg and CNBC interviews, and financial publications. Lubin states Ethereum is no longer just experimental; it’s ready for real-world deployment. He believes the path to mass adoption starts with institutional normalization, followed by the development of end-user applications that go beyond DeFi.