Riot Platforms executive: Suggesting Ethereum Foundation IPO on NASDAQ instead of making clich é s or superficial statements

2025-04-29 03:44

BlockBeats News: On April 29th, Vitalik Buterin, co-founder of Ethereum, stated in a post that the Ethereum Foundation (EF) has set two core goals: the primary goal is to increase the usage of Ethereum, with a particular emphasis on scenarios where users can truly benefit from the underlying properties of Ethereum; Secondly, it is necessary to comprehensively enhance the resilience and decentralization of Ethereum, with a focus on addressing potential weak links at all levels of the technology stack. Pierre Rochard, Vice President of Research at Riot Platforms, expressed doubts about this. Rochard pointed out that the Ethereum Foundation's two goals of "increasing Ethereum usage" and "enhancing Ethereum decentralization and resilience" are of no help in increasing the value of ETH, as Ethereum usage can be achieved through wBTC or USDT. He believes that these goals are partly basic clich é s and partly superficial. As an alternative, Rochard suggests that the Ethereum Foundation should conduct an initial public offering (IPO) on the NASDAQ Stock Exchange and execute its ETH treasury strategy through convertible bonds.

Loading...