Amid Ethereum’s identity crisis and internal disputes, a new project called Etherealize aims to bring ETH to Wall Street. Founded by former banker Vivek Raman, Etherealize seeks to position ETH as a serious asset class and bridge the gap between traditional finance and the Ethereum ecosystem.
Raman, who spent a decade trading on Wall Street before discovering crypto, believes his traditional finance background gives him a unique perspective on marketing Ethereum to big banks. He sees layer-2 networks as a key opportunity for Wall Street to make money by building customized ecosystems and tokenizing assets on Ethereum.
The launch of Etherealize comes at a critical time for Ethereum, as rival ecosystems like Solana are capitalizing on the uncertainty and attracting top talent. Raman believes that while the Ethereum Foundation and Vitalik Buterin should focus on research and development, it’s up to institutions like Etherealize to act as a conduit between the Ethereum ecosystem and Wall Street.
With regulatory clarity improving and the expansion of layer-2 technology, Wall Street is starting to smell opportunity in the Ethereum space. Banks like Deutsche Bank and UBS have already expressed interest in launching layer-2 networks. As more institutions follow suit, Etherealize could play a crucial role in driving adoption and unlocking the full potential of Ethereum’s financial ecosystem.
Tags: Ethereum, Wall Street, layer-2 networks, Etherealize, ETH adoption
Source: https://www.coindesk.com/tech/2025/02/03/ethereum-s-new-cheerleader-on-wall-street-a-q-and-a-with-vivek-raman