The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

CryptoUpdated×2•Originally published 6 May 2026•Updated 6 May 2026•

1 min read

Lubin Backs ETH as Treasury Asset and Hails DATs Innovation

Key Facts

1Joseph Lubin expressed support for firms using ETH as a treasury asset and described DATs as a profound innovation.

2Lubin confirmed Linea's move to the Linux Foundation and highlighted Ethereum's quantum-safe roadmap.

Speaking at the Consensus 2026 conference, Ethereum co-founder Joseph Lubin reinforced his support for corporations adopting ETH as a treasury reserve asset. Lubin specifically identified Strategy, SharpLink, and BitMine as key examples of firms implementing ETH-centered treasury models. To bolster the ecosystem, Lubin pledged 30,000 ETH to facilitate rsETH recoveries, strengthening liquidity within the restaking sector. He further characterized Decentralized Autonomous Trusts (DATs) as a transformative innovation for institutional finance. Additionally, the transition of the Linea project to the Linux Foundation was highlighted as a strategic step toward decentralization. These developments, supported by a quantum-safe roadmap, underscore a bullish outlook for Ethereum's institutional utility.

28 days ago

Version History

1 additional source confirmed this story

Version 228 days ago

What changed: Identified specific companies (Strategy, SharpLink, BitMine) adopting the ETH treasury model and added the event context (Consensus 2026 conference).

Version 129 days ago

What changed: Added a specific financial commitment of 30,000 ETH for rsETH recovery and noted Lubin's explicit backing of unlevered treasuries.