These talks reportedly center on building institutional infrastructure within the Ethereum ecosystem, including both layer-1 and customized layer-2 solutions.
Lubin framed Ethereum as uniquely positioned to anchor the next phase of the global financial system. He added that Ether’s utility, ranging from staking and restaking to smart contract execution, could give it an edge as institutions shift toward blockchain-based infrastructure.
The remarks follow Consensys’ lead role in a $425 million private investment into publicly listed SharpLink Gaming last week.
Unlike strategies centered on long-term Bitcoin accumulation, SharpLink’s treasury will actively deploy ETH through “staking, restaking, and DeFi at prudent risk levels,” according to Lubin.
The move is among the first of its kind and could signal a broader shift in how public companies and institutions approach Ethereum.
SharpLink’s stock jumped over 400% following the announcement and has risen more than 900% in the past month, despite recent volatility.
He characterized the protocol as methodically building the foundation for scalable, DeFi, even if it has lacked the loud narratives that drive short-term attention in crypto markets. With sovereign funds expressing interest in constructing financial infrastructure on Ethereum, the conversation is shifting.
If governments begin to integrate Ethereum into their technology stacks, or even hold ETH as a strategic asset, it could redefine the competitive landscape among digital currencies.
Lubin concluded with the view that Ethereum’s value lies not just in its price, but in its position as the world’s most trusted programmable asset. As trust, utility, and capital converge, the possibility of Ether surpassing Bitcoin in value no longer seems far-fetched.
