Lubin Hails Public Firms' ETH Treasuries as 'Significant Innovation,' Backs DATs with 30K ETH

Ethereum co-founder Joseph Lubin at Consensus 2026 endorsed Digital Asset Treasuries (DATs) by public firms like Strategy, SharpLink, and BitMine as a 'significant innovation' delivering unlevered, permanent capital to ETH and reducing selling pressure. This builds on his May 5 prediction of inevitable global economy tokenization on Ethereum via native issuance, layer-2 scaling like Linea, composability, and ETH burns as a 'trust commodity.' Consensys committed 30,000 ETH to DeFi United's rsETH recovery after KelpDAO's ~116,500 rsETH exploit (18% supply), pushing the fund past $300 million with Aave's 25,000 ETH as ETH hit $2,412.