Joseph Lubin, co-founder of Ethereum, announced his vision for using Ethereum Layer 1 as a global ledger, which could transform financial structures.
Joseph Lubin's Announcement
On June 18, 2025, Joseph Lubin declared that Ethereum Layer 1 would serve as the global master ledger for digital records. He emphasizes Ethereum's potential as a **censorship-resistant ledger** and foundational infrastructure for next-generation financial systems.
Support from BlackRock and Growing Interest in Tokenization
The growth of tokenized assets, including US Treasuries, is already valued at $7 billion. Investments from BlackRock's BUIDL fund, amounting to $2.9 billion, confirm the attention towards Ethereum as a platform for institutional investments.
Market Impact and Analyst Predictions
Analysts note that Ethereum's transition to a master ledger model could potentially increase its value. Participation in tokenized assets and the use of stablecoins such as USDC continues to grow with the strengthening integration in financial services.
Joseph Lubin's announcement regarding the application of Ethereum Layer 1 as a global ledger underscores Ethereum's development as a reliable platform for digital records and assets, which may have a significant impact on the future of financial infrastructure.