Wall Street’s Wild Ride into DeFi: You Won’t Believe What Happens Next! 😂💰

by

So, Ethereum co-founder and ConsenSys CEO Joseph Lubin thinks Wall Street is finally waking up from its nap! 💤 And guess what? They’re not just snoozing; they’re diving headfirst into decentralized finance like a kid into a ball pit! 🎉

In a recent tête-à-tête with Fundstrat’s Thomas (TOM) Lee, Lubin pointed out that companies like MicroStrategy (MSTR) and Semler Scientific ($SMLR, now SBET) aren’t just buying crypto like it’s the latest fad; they’re crafting a brand-new investment class! It’s like they’re mixing traditional finance with DeFi, and the result is a cocktail that even your grandma would approve of! 🍹

Microstrategy $MSTR Semler Scientific $SMLR created an investment class of #Bitcoin treasury$SBET @ethereumJoseph is the first for Ethereum and bridges crypto-traditional finance in a staking ecosystem. Positively enhances the layer 1 network @fs_insight @SeanMFarrell…

— Thomas (Tom) Lee (not the drummer) FSInsight.com (@fundstrat) June 16, 2025

“ETH and BTC (and some other digital asset) treasury strategies are the first large-scale onboarding of TradFi onto DeFi,” Lubin wrote, probably while sipping a fancy latte. ☕️

Lee even called Lubin “the first for Ethereum” in this wild ride, noting that SBET’s leap into Ethereum staking is like bridging the gap between crypto and traditional finance. It’s like a romantic comedy, but with more spreadsheets! 💻❤️

Wall Street Will Learn DeFi Through Strategy, Not Speculation—because who needs a crystal ball when you have numbers, right? 📈

According to Lubin, the secret sauce to getting Wall Street’s attention isn’t some lofty idealism; it’s all about performance. “Wall Street will care about consistent ‘number go up’ in instruments they can access, analyze, and invest in,” he wrote, probably while doing a little happy dance. 💃

ETH and BTC (and some other digital asset) treasury strategies are the first large scale onboarding of TradFi onto DeFi.

How do we get Wall Street to care about decentralized protocols and the evolution to a more decentralized web and global economy?

Wall Street will care about…

— Joseph Lubin (@ethereumJoseph) June 16, 2025

He argues that once treasury strategies tied to digital assets start delivering steady returns, investment firms will be like kids in a candy store, eager to understand how these mechanisms work. That means they’ll be digging deep into the treasury playbooks of MSTR and SBET, as well as Ethereum-based DeFi protocols. Talk about a treasure hunt! 🗺️💰

“They will have to deeply understand the details of Bitcoin and Ethereum and the strategies of MSTR and SBET. They will have to go deep on DeFi on Ethereum,” Lubin said, probably with a twinkle in his eye. ✨

This, Lubin predicts, will soon become the hot topic at earnings calls, Bloomberg, and CNBC interviews. Forget the weather; let’s talk crypto! ☀️

Lubin says Ethereum is no longer just a science project; it’s ready for the big leagues! “We are now scalable and affordable enough to make this work,” he declared, probably while wearing a superhero cape. 🦸‍♂️

He added that enterprises can now use and issue tokens or participate in DeFi protocols “without concerns about the SEC and other agencies sanctioning them publicly or secretly, and attacking projects via unprincipled and capricious enforcement actions.” Wow, talk about a plot twist! 📜

This marks a major shift from earlier years when regulatory uncertainty and gas fees kept most institutions on the sidelines, like kids afraid to jump into the pool. 🏊‍♂️

The appeal for developers leaving Web2 isn’t just about decentralization; it’s about ownership and alignment with users. “Instead of having an adversarial and exploitative relationship with their users, they can now build of, by, and for the community.” It’s like a family reunion, but with fewer awkward conversations! 👨‍👩‍👧‍👦

Lubin says this change is what’s drawing top talent and traditional builders to Ethereum. It’s like a magnet for the cool kids! 🧲

Main Street Will Follow Wall Street

Lubin believes the path to mass adoption starts with institutional normalization. “First we get Wall Street excited, which will normalize and grow DeFi. Then we build end-user apps for consumers and enterprises that go beyond DeFi.” It’s like a domino effect, but with more money! 💵

As public companies embrace crypto and staking, the foundation for a more decentralized global economy is being laid. “The paradigm shift to an increasingly decentralized system of the world is accelerating.” Buckle up, folks; it’s going to be a bumpy ride! 🎢

Read More

2025-06-16 12:54