BlockBeats reported that Joseph Lubin, founder of Consensys and co-founder of $ETH , shared insights on the X platform, highlighting a growing trend among traditional financial institutions.

According to Lubin, more traditional companies are beginning to adopt financial strategies involving $ETH , $BTC , and other digital assets. This signals a significant integration of decentralized finance (DeFi) into traditional finance (TradFi).

Lubin emphasized that this growing overlap is pushing Wall Street to explore and understand the underlying principles of blockchain technologies like Bitcoin and Ethereum. As institutional interest deepens, he predicts DeFi will become increasingly normalized and begin to flourish.

This shift, he noted, will empower both consumers and businesses to create end-user applications that extend beyond the realm of DeFi. Enterprises will be able to issue and utilize tokens, engage with decentralized protocols, and operate without the looming fear of sanctions. Lubin concluded that the global economic system is rapidly moving toward a decentralized paradigm.