- In a recent post on X, BitMine CEO Tom Lee raised his support for the new Ethereum organization proposed by a former Ethereum Foundation researcher.
- According to Tom Lee, Ethereum will play a major role as a sustainable part of AI in the future.
- Dankrad Feist has shared several ideas for the new organization, including new creative leadership.
On May 21, Tom Lee, Co-founder and Head of Research at Fundstrat Global Advisors, shared a space on the recent major discussion of the new Ethereum organization amid the departure of many prominent Ethereum Foundation researchers and supporters.
In a recent post on X (formerly Twitter), Tom Lee raised his support for leading the new Ethereum organization along with “a deep bench of leaders and builders.” It will help the community to ensure that the network remains intact the future implementation of finance and AI.
Tom Lee’s official website highlights Ethereum the role of blockchain in the economy of the agency.
Tom Lee Shares Ethereum Foundation Researcher’s Opinion on New Leadership
Tom Lee’s post came in response to a comment shared by crypto analyst and Bankless co-founder Ryan Sean Adams. In a post on X, Ryan Sean Adams named Lee as the head of a new organization proposed by a former Ethereum Foundation researcher.
Tom Lee’s BitMine is continuously increasing ETH, and is currently the largest ETH-holding company. Like the latest to announcethe company currently has 5.27 million ETH tokens in its assets, which makes ETH the largest. This makes it the biggest force in ETH price movement as it gives confidence to investors. It also encourages other financial institutions to move beyond the Bitcoin economy and store assets like ETH.
The starting point for this discussion is an extended plan by Dankrad Feist, a former researcher at the Ethereum Foundation. In the post, Feist said the foundation now holds less than 0.1%. He also said there is no “outflow” to make money from staking or fees.
According to Dankrad, in order to bring Ethereum on the right track, the community needs to create an organization that “Related to Ethereum in finance is the response to it.” Dankrad has said that the organization must have a trust fund of at least $1 billion to begin with.This makes sense for an environment with a market cap of $250 billion,” he said.
Apart from this, he was convinced that the new base needed a qualified leader who wanted to fight. Also, the new organization must have a group of people “who want ETH to rise, and a document that makes the organization accountable.”
However, some members of the community are still asking questions about the idea that Dankrad Feist proposed. Laura Shin he said in the post that, “IMO, however, it doesn’t work unless it affects tokenomics. That’s the missing piece, and it needs to be integrated with technology. Having an external organization can help with BD, not just the basic ways the brand works.“
Ethereum Foundation Sees Departure of Senior Team Members
The Ethereum Foundation is currently facing a crisis as top talent is leaving the organization for various reasons. Recently, many researchers, programmers, and leaders have left the organization, sparking a community-wide discussion about the organization’s future.
The list features famous names, including Carl Beek, Julian Ma, Barnabé Monnot, Tim Beiko, Josh Stark, Trent Van Epps, Alex Stokes, and Tomasz Stanczak.
Most of these results are related to internal restructuring of the Ethereum Foundation. In 2025, the co-founder of Ethereum, Vitalik Buterin, showed another change in leadership. According to these changes, Aya Miyaguchi assumed the role of President.
In March 2026, the Ethereum Foundation released a document known as The EF function. In this, the foundation shared new principles, which include anti-blocking, open source, privacy, and security.
“In order to be part of the EF, our teams must remember that Ethereum must, above all, remain censorship defeated, open source, private, and safe (CROPS). Its use itself must not be affected by divisions and unlimited information. This is what makes Ethereum worth using, so it must be built, and it must be protected. They must not have something valid without being sold.
Tom Lee Mentions Blockchain’s Role in Agent AI
In a tweet, Tom Lee highlighted the important role of blockchain in the AI-enabled economy. He said, “Blockchain is the only way that AI can interact in business.”
Agentik AI is an autonomous system that can think, plan, and execute complex tasks with minimal human intervention. According to Goldman Sachs Research, Agent AI is expected to witness a 24x growth in demand due to growth in adoption and usage by 2030..
Blockchain technology is expected to play a major role in this agent’s fees such changes as may provide for permanent records of ownership and contracts. Apart from this, the nature of smart contracts can allow AI agents to manage money. The combination of AI and blockchain technology will allow them to open the door to trustless stability, which means that AI agents can communicate without a central authority and set it up. This will also help developers create flexible currencies, such as USDC.
On May 11, Circle announced the launch of Circle Agent Stackwhich is a tool that is designed for AI assistants. One of the main features of this stack are wallets that come with secure limits, which can be used for nanopayments using the USDC stablecoin. Apart from this, there will be an Agent Market where users can access various services and create transactions.
On May 21, Circle CEO Jeremy Allaire shared a big update regarding AI assistants. The new feature will allow agents to automatically register phone numbers and call real-time AIs through integration with services like Twillio and BlandAI.
Also Read: Fidelity Boasting FIDD, Europe Counters with Euro Stablecoin
