BlockBeats News, May 22nd – Tom Lee, Chairman of BitMine, Ethereum's largest treasury, stated that Ethereum has a strong group of leaders and developers who can ensure its position as the future settlement layer for finance and AI. He mentioned that much of the current bearish sentiment is just desperation and blame-shifting at the bottom of the crypto winter. He believes that blockchain is the only viable way for agentic AI to conduct commercial interactions and significantly improve the profitability of the financial system. He remains bullish on ETH.
