Wall Street is moving past crypto pilots and deeper into Ethereum, says Etherealize founder

Wall Street is moving beyond crypto pilots as institutional investors embrace Ethereum, signaling a significant shift towards mainstream finance, says Etherealize founder Vivek Raman.

Could we be witnessing the dawn of a new era for Ethereum? According to Vivek Raman, co-founder of Etherealize, institutional investors on Wall Street are transitioning from merely exploring cryptocurrency to actively adopting Ethereum in a significant way. This shift reflects a maturation moment for the Ethereum network as it solidifies its role in mainstream finance. What Does the Shift to Ethereum Mean for Wall Street? In a recent interview with CoinDesk, Raman indicated that Ethereum is currently in a transitional phase . The necessary infrastructure for widespread adoption has largely been constructed, and yet, the market's embrace of ETH has yet to mirror this development. Institutions are now viewing Ethereum not as a fledgling technology but as a robust public blockchain infrastructure ready for serious deployment. "A year and a half ago it was proof-of-concept, dip your toe in," Raman noted. "Now it's: we need to jump in head first and use public chains just like we all use the internet." How Are Financial Institutions Using Ethereum? Once dominated by stablecoins, the conversation among financial institutions is expanding to include an array of assets such as tokenized stocks, bonds, real estate, and investment funds. This evolution could meet the growing demand for liquidity on Ethereum, which has emerged as a hub for such financial activities. "It’s because Ethereum started as a hub for liquidity that now consumers are saying: let’s bring other assets on," Raman explained. "Those assets range from stocks to bonds to fixed income to real estate." Why Is ETH’s Price Lagging? Despite the uptick in interest from institutional players, ETH's price does not fully reflect this growing momentum. Raman attributed this gap largely to the lengthy sales cycles typical of institutional adoption. "The piping is all in place. We just haven’t seen all the assets come on-chain yet," he said. He sees Ethereum as in a pivotal moment where its infrastructure is ready , but