$ETH will become the basis of the new financial system — Consensys CEO

Ethereum co-founder and Consensys CEO Joe Lubin said that he is in talks with several large sovereign funds and leading banks of one "very large" country to build an infrastructure based on ETH:

▪️ partners are interested in launching Ethereum Layer-1 solutions and their own custom Layer-2;

▪️ the creation of a strategic ETH state reserve is being discussed for the first time;

"Ethereum is the world's computer, energy, oil and the standard of trust; ETH can become more expensive than BTC," he said.

He expects that such talks can become a catalyst for large-scale institutional entry into the ETH ecosystem.