Ethereum The Next Big Thing In Banking? Tom Lee Thinks So And Wants This Small-Cap Company He Chairs To Front-Run The Likes Of Goldman Sachs, JPMorgan
Posted On July 1, 2025
Financial analyst and strategist Tom Lee stated Monday that Ethereum (CRYPTO: ETH) will play a crucial role in the banking sector’s future, highlighting the rationale for buying and holding the second-largest cryptocurrency in reserves.
What Happened: During a CNBC interview, Lee was confident that financial behemoths such as Goldman Sachs Group Inc. (NYSE:GS) and JPMorgan Chase & Co. (NYSE:JPM) would use Ethereum to power their stablecoin offerings.
“Ethereum is also the architecture that future banks will have. When Goldman issues a stablecoin and JPMorgan doing it on Ethereum, as a Layer-1 blockchain they’re going to want to secure it by staking Ethereum,” Lee said. “We’re trying to get in front.”
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