TechFlow News, June 14: Vivek Raman stated that an increasing number of traditional financial institutions are deploying Ethereum as infrastructure in real-world production environments—not merely as an experimental technology platform.
Regarding ETH’s relatively weak recent price performance, Raman described the current market as still being in a “transitional phase.” He noted that Ethereum’s core infrastructure is largely complete, yet its adoption level has not yet been fully reflected in ETH’s market pricing.
Raman added that as more equities, bonds, funds, and other real-world assets (RWAs) become tokenized and migrate on-chain, the market will ultimately reassess ETH’s importance as both a security assurance asset and a value-bearing asset.
On recent controversies and criticisms surrounding the Ethereum Foundation, Raman argued that the Foundation’s deliberate step back is not a governance flaw but rather a key design principle of decentralized systems.
He emphasized that the underlying infrastructure for future financial systems should not be led or controlled by any single entity. The Ethereum Foundation’s primary responsibility lies in upholding the network’s core values—including security, censorship resistance, privacy protection, and open standards—while advancing long-term technical initiatives such as zero-knowledge proofs (ZK) and quantum-resistant cryptography.
Raman believes that as institutional adoption grows and the on-chain financial ecosystem matures, Ethereum’s role as global financial infrastructure will become increasingly clear—and ETH’s value capture mechanism may accordingly receive market repricing.
