Fundstrat’s Tom Lee Calls Ethereum ‘Operating System’ for Tokenized Finance Future

Ethereum (ETH) should be understood less as a speculative ‘coin’ and more as the ‘operating system’ for next-generation finance, Fundstrat co-founder Tom Lee told attendees at WebX 2026 in Tokyo on Monday, arguing that the network could become the settlement backbone for stablecoins, tokenized real-world assets, and emerging AI-driven commerce.

Lee—also chairman of the board at BitMine Immersion Technologies—delivered a special keynote shortly after the opening ceremony at The Prince Park Tower Tokyo, outlining what he framed as a structural shift in how money and assets will move over the…  

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