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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
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Consensys is in discussions with a sovereign fund and major banks in a certain country to build the Ethereum ecological infrastructure.
Gate News bot news, Ethereum co-founder and Consensys CEO Joseph Lubin believes that due to the practicality of ETH and its important role in building trust-based financial infrastructure, ETH may ultimately be more valuable than BTC.
He also revealed that Consensys is in talks with a sovereign wealth fund and major banks from a major country, focusing on building institutional infrastructure within the Ethereum ecosystem, including Layer 1 and customized Layer 2 solutions.
Lubin believes that Ethereum has unique advantages that can support the next phase of the global financial system. He also added that as institutions shift towards blockchain-based infrastructure, the utility of ETH (from staking, re-staking to smart contract execution) may give it a competitive edge.
Source: CryptoSlate