Ethereum continues to attract significant institutional interest, as revealed by Consensys CEO and Ethereum co-founder Joe Lubin. According to a recent report by Decrypt, Lubin confirmed ongoing discussions with a major sovereign wealth fund and bank from a highly influential country, signaling potential large-scale projects built on the Ethereum blockchain. This development underscores Ethereum’s growing prominence in the institutional finance sector.
During an appearance on Rug Radio’s “Fomo Hour,” Lubin highlighted the potential for a renewed decentralized supercycle driven by Ethereum’s native token, ETH. His insights reflect a broader market sentiment that Ethereum remains a critical infrastructure for decentralized finance (DeFi) and enterprise blockchain solutions, positioning it for sustained growth amid evolving crypto market dynamics.