TechFlow, September 3 — According to Fortune, Ethereum infrastructure startup Etherealize has announced a $40 million funding round led by Electric Capital and Paradigm. Initial funding support also came from Ethereum founder Vitalik Buterin, the Ethereum Foundation, and IOSG Ventures.
Founded in January 2025 by Vivek Raman, a former senior executive at Morgan Stanley and Deutsche Bank, the company aims to develop Ethereum-based blockchain products and infrastructure for Wall Street financial institutions. Etherealize plans to use blockchain technology to tokenize financial assets such as mortgages, credit, and fixed income, replacing what it calls the "Stone Age technologies" still in use on Wall Street today.
Add to Favorites
Share to Social Media
