Tom Lee, co-founder of Fundstrat and a long-time crypto bull, believes that Ethereum is on the verge of becoming an essential component of the global banking system. But it’s not price speculation driving this thesis—it’s infrastructure.
According to Lee, the rise of stablecoins is creating a deeper bridge between traditional finance and the crypto world. And at the heart of it all lies Ethereum. As most stablecoins are built on Ethereum’s rails, Lee suggests that financial giants won’t just use the network—they’ll secure it. That means acquiring and staking ETH.
He envisions major players like JPMorgan and Goldman Sachs eventually running validators on the Ethereum network, using ETH to power the very systems their stablecoins will depend on. This isn’t just about profit—it’s about operational security in a financial future dominated by tokenized dollars.
Ethereum’s proof-of-stake model rewards those who lock up their tokens to help verify transactions. Lee argues that by staking ETH, institutions can safeguard their stablecoin infrastructure while earning yield in the process—a win-win scenario.
The numbers tell the story: Ethereum currently hosts the majority of stablecoin activity and collects nearly a third of its fees from those transactions. If the stablecoin market scales from $250 billion to $2 trillion, Ethereum’s importance—and its fee revenue—will grow exponentially.
Lee is backing this belief with capital. Bitmine Immersion, a firm tied to his strategy, has launched a $250 million private round to purchase ETH. The raise has attracted funding from big names in both the crypto space and traditional finance, including Pantera, Kraken, Founders Fund, and Galaxy Digital.
Rather than focusing on ETH’s market price, the fund will measure success based on how much Ethereum it can accumulate. Long-term returns are expected to come from staking rewards, lending strategies, and network growth.
In Lee’s view, Ethereum isn’t just a blockchain—it’s the future financial infrastructure. And if banks want to stay ahead, they’ll need to own a piece of it.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/banks-might-soon-own-ethereum-heres-why/