Ethereum co-founder Lubin supports Ethereum Treasury, calling DAT a "profound innovation."

CoinFeed reported on May 6th that, according to The Block, Consensys CEO and Ethereum co-founder Joseph Lubin stated at Consensus 2026 that Ethereum Digital Asset Treasury (DAT) projects such as Strategy, SharpLink, and BitMine are positive examples of building "long-term perpetual capital" for the Ethereum ecosystem without leverage. He also warned that weak assets and copycat DATs would harm the ecosystem. Lubin stated that Consensys and he himself have contributed 30,000 ETH to the DeFi United initiative to facilitate the recovery of funds following the Kelp DAO vulnerability incident.