In an interview with Bankless, Ethereum co-founder Vitalik Buterin shared his thoughts on the growing number of treasury companies acquiring ETH.
What Are Ethereum Treasury Companies?
Buterin noted that treasury companies purchase ETH not with their own capital but with funds provided by investors, opening new channels to access ETH.
Potential Threats to ETH
Buterin cautioned that treasury companies could pose a threat to ETH, especially through excessive leverage. However, he highlighted that most participants within the Ethereum ecosystem are responsible groups.
Vitalik Buterin's Humor About Treasury Companies
When asked about his favorite treasury company, Buterin humorously replied, 'I think my favorite is the US government; after all, they confiscate ETH from hackers all the time, which is kind of cool.'
Vitalik Buterin pointed out both the positive and negative aspects of the rise of Ethereum treasury companies, emphasizing the importance of proper management for their long-term survival.
