Joseph Lubin Predicts Wall Street Will Fuel Accelerated Shift to DeFi
Ethereum co-founder and Consensys CEO Joseph Lubin has expressed growing confidence that Wall Street is on the cusp of fully embracing decentralized finance (DeFi), as institutional appetite for Bitcoin (BTC) and Ethereum (ETH) continues to surge.
In a recent post, Lubin pointed to an uptick in corporate interest in digital asset treasury strategies, which involve holding BTC and ETH as part of their financial reserves. He views this trend as a clear signal that traditional finance is inching closer to decentralized protocols.
“Wall Street figures are drawn to financial instruments that show consistent growth—and crypto is currently at the top of that list,” Lubin noted. He emphasized that traditional financial institutions will be compelled to dive deep into digital asset strategies and gain a nuanced understanding of Bitcoin, Ethereum, and the successful models of companies like MicroStrategy (MSTR) and Stronghold Digital Mining (SBET).
Lubin also stressed the role of the crypto community in driving this evolution. “It’s up to builders and developers to keep innovating and expanding access to DeFi. Only then will Wall Street truly become invested in this new paradigm,” he said.
According to Lubin, the regulatory climate has also become more favorable. Since the shift in U.S. administration, he’s observed a notable reduction in enforcement actions against crypto firms. “Talented developers now feel empowered to build without fear of politically charged crackdowns or being debanked,” he added.
Recent market signals support Lubin’s thesis. As of June 13, institutional inflows into spot Ethereum ETFs have reached $3.85 billion, according to data from SoSoValue. The surge in capital is being interpreted as a bullish signal for ETH, potentially indicating a renewed rally fueled by Wall Street demand.
Lubin believes that while progress has been significant, the true transformation is just beginning—with traditional finance poised to take a central role in the next phase of DeFi growth.
