Joseph Lubin, co-founder of Ethereum and founder of Consensys, anticipates that Wall Street will soon enter the DeFi and crypto space, driven by the recent surge in institutional interest in BTC and ETH.
In a recent post, Lubin emphasized the growing interest in Bitcoin and Ethereum among institutional investors. He pointed out that the rising number of corporations accumulating BTC and ETH through digital asset treasury strategies signals a major shift in the financial system toward decentralized finance (DeFi).
As more companies enter the space, Lubin predicts that Wall Street will soon engage with decentralized protocols and digital assets. He believes that financial leaders are drawn to instruments that show steady growth in value—and currently, crypto has captured their attention.
“They’ll feel compelled to dive in and explore these strategies thoroughly,” said Lubin. “They’ll need to gain a solid understanding of Bitcoin, Ethereum, and the approaches taken by MSTR and SBET. A deep exploration into DeFi on Ethereum will also become necessary for them.”
He also believes that the responsibility lies with builders and developers in the crypto industry to spark Wall Street’s interest in decentralized finance. By driving ongoing innovation and working to expand mainstream adoption of DeFi and crypto, they can help draw traditional finance deeper into the space.
Wall Street Set to Drive Rapid Transition to DeFi
Lubin observes that the shift is already underway, noting that financial regulators such as the SEC are no longer pursuing crypto firms as aggressively as they did under Gary Gensler during the Biden administration. Since Trump assumed office, Lubin has noticed a significant change in how financial watchdogs approach developers and innovators in the crypto industry.
The best and brightest builders are now entering the ecosystem to build on our tech without fear of politically motivated enforcement actions from the SEC and being debanked
said Lubin.
Although the industry has already made significant progress, he believes the transformation remains in its early phase and expects it to accelerate further as institutional interest continues to grow.
In early June, Ethereum’s price action began reflecting signs of a potential rally, as increasing Wall Street interest hinted at a possible resurgence for the token. Recent data from SoSoValue shows that Wall Street investors have been actively purchasing spot Ethereum ETFs, resulting in a total inflow of $3.85 billion as of June 13.