1. Industry Perspective Statement
On December 14, 2024, Ryan Sean Adams, co-founder of Bankless, shared his views on social media, believing that Ethereum has the potential and possibility to become a reserve asset. He also revealed an industry situation that seems to imply a competitive landscape that Ethereum might trigger globally in the realm of reserve assets. Even parties related to Trump may consider following suit in this area to avoid falling behind other countries or regions in ETH reserve positioning.
2. Corporate Strategic Practices
On November 19, 2024, according to sources from Wu Shuo, publicly listed company Cosmos Health Inc. (NASDAQ: COSM) announced significant strategic initiatives. The company has declared the inclusion of Bitcoin and Ethereum into its reserve asset system, aiming to diversify its balance sheet through this method. The company's CEO further explained that this strategy is not isolated but will integrate with the company's artificial intelligence platform, intending to use cryptocurrencies like Ethereum to counter inflationary pressures and currency devaluation risks, positioning them as an effective hedging tool, thereby providing practical support for Ethereum's reserve asset status from the perspectives of corporate operations and strategic investments.
3. Foundation Asset Composition
According to a report from Wu Shuo on November 8, 2024, the Ethereum Foundation released its annual report, which indicated that its asset reserve scale reached approximately $970.2 million. Among this, the cryptocurrency component accounted for $788.7 million, with a staggering 99.45% of this portion existing in the form of ETH. This data clearly shows the Ethereum Foundation's high regard and value recognition for ETH, reflecting Ethereum's core position and key value-bearing role in the asset reserve system from the foundation's perspective.
4. Trading Platform Reserves
Looking back to November 10, 2022, according to PANews, Binance, a globally renowned cryptocurrency trading platform, announced detailed asset reserve information for a specific time (as of October 11, 2022, 00:00 UTC), which included approximately 4.8 million ETH. This demonstrates that Ethereum is also a significant component in the asset reserve layout of large trading platforms, reflecting the asset reserve value of Ethereum and its important status within the industry from the perspective of trading platform operations and asset allocation.
