PANews
PANews|May 06, 2026 10:27
[Ethereum Co-Founder Lubin Supports Ethereum Treasury Projects, Calls DAT a 'Profound Innovation'] According to The Block, Consensys CEO and Ethereum co-founder Joseph Lubin stated at Consensus 2026 that Ethereum Digital Asset Treasury (DAT) projects such as Strategy, SharpLink, and BitMine are positive examples of building 'long-term permanent capital' for the Ethereum ecosystem under a no-leverage premise. He also warned that weak assets and copycat DATs could harm the ecosystem. Lubin revealed that Consensys and himself have contributed 30,000 ETH to the DeFi United initiative to facilitate multi-party collaboration in recovering funds following the Kelp DAO exploit.
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