0:00
0:00
Subscribe to Bankless or sign in
Etherealize, an 
Ethereum advocacy and infrastructure organization that Bankless listeners know well, has raised $40 million to advance its mission of promoting ETH as the institutional settlement layer of the future.
What’s the Scoop?
- Heavyweight backing: The funding round was led by Electric Capital and Paradigm. It follows initial grants from
Vitalik Buterin and the Ethereum Foundation in 2024. - Mission-driven: Etherealize aims to pitch ETH to major financial institutions as a reserve asset and open financial infrastructure, part of what it’s calling the "Institutional Merge."
- Research-forward: One of the group’s early public efforts included a report projecting ETH’s “short-term” value between $8,000 and $80,000 based on reserve-asset dynamics.
- Building infra: Etherealize is developing institutional-grade zero-knowledge privacy systems, a settlement engine optimized for tokenized assets, and tools for tokenized fixed income markets.
0
0
