Ethereum’s co-creator, Vitalik Buterin, has publicly stated his approval for companies incorporating Ethereum
During a recent appearance on the Bankless podcast, aired on August 7, Buterin suggested that businesses investing in and holding ETH can broaden its accessibility to a wider array of investors.
He commented that these entities provide “valuable services”. Furthermore, he emphasized that this practice expands opportunities available to individuals based on their specific financial circumstances.
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While expressing his support, Buterin did express concern that challenges could arise if these firms over-rely on debt to acquire more ETH than their current assets permit. He stated:
Imagine waking up three years from now, only to discover that corporate treasuries led to Ethereum’s collapse. My immediate suspicion would be that they somehow transformed it into an excessively leveraged scheme.
Nevertheless, Buterin expressed optimism that this outcome will be averted. He noted that the majority of ETH stakeholders and treasury companies act with diligence and responsibility. “We aren’t dealing with individuals akin to Do Kwon supporters here,” he clarified.
Buterin recently discussed his backing of “copyleft” licensing, mandating that any users of shared code must publicly disclose their own modifications. Keen to learn more? Dive into the full story.