Ethereum is rapidly becoming the backbone of Wall Street's blockchain infrastructure, according to a recent report by Etherealize. Major financial institutions, including BlackRock, JPMorgan, and Fidelity, have tokenized and settled billions of dollars in assets on the Ethereum network. This shift is supported by regulatory frameworks like the US GENIUS Act, CLARITY Act, and the EU's MiCA, which are being implemented to ensure compliance.
The report highlights Ethereum's security, decentralization, and mature ecosystem as key factors driving its adoption by institutions. Currently, over 80% of on-chain real-world assets and 62% of stablecoin trading volume are conducted within the Ethereum ecosystem, underscoring its dominance in the financial sector's blockchain transition.
Ethereum Emerges as Preferred Blockchain for Wall Street Institutions
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