Recep Gülcemal 
Vitalik Buterin, co-founder of Ethereum, shared his thoughts on the recent trend of Ethereum treasury companies in an exclusive interview with Bankless. Vitalik Buterin said that the current ‘Ethereum treasury companies’ provide liquidity to the ecosystem by purchasing ETH with investor funds. However, he also mentioned that excessive leverage could lead to potential dangers.
Why Are Ethereum Treasury Companies Important?
According to Vitalik Buterin, these companies are quite important for the Ethereum network. They make it easier for individual investors to reliably join the Ethereum network and conduct transactions within it. They also bring liquidity and stability to the ETH network through new investors. Additionally, they accelerate the integration of institutional investors into the blockchain world, making a significant contribution to the blockchain ecosystem. He also emphasises the need to control the leverage ratio in leveraged transactions. He warns that if leverage ratios are not controlled, systemic risks could arise.
Humorous statement from Vitalik Buterin: ‘The US government is my favourite!’
In an interview with Bankless, Vitalik Buterin responded humorously to the question ‘What is your favourite treasury company?’ with ‘The US government.’ He cited the authorities’ sale of ETH seized from hackers as the reason for his statement.
He used the phrase, ‘Even unconventional owners are playing a role in the distribution of ETH.’
Vitalik Buterin humorously explained the selling pressure on ETH following the ETH hacking incidents in the crypto world.
Corporate Player Change ‘BİTMİNE’
Bitmine is known as an old and established Bitcoin mining giant. Bitmine, which mines Bitcoin, announced that it has transitioned to Ethereum treasury management. This move by Bitmine has succeeded in attracting attention. By becoming one of the largest corporate holders of ETH, the company has taken a concrete step towards solidifying this model’s rise. With the growing popularity of Ethereum treasury management in recent times, corporate companies continue to increase their interest in Ethereum day by day.
As of last June, we witnessed the highest Ethereum ETF inflows in recent months. Meanwhile, Ethereum, which remained silent during Bitcoin’s rise from $19,000 to $124,000, has entered an upward trend in recent weeks, rising to $4,788. The increased interest from institutional investors is sending strong signals of a potential rise in Ethereum.
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