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

Wall Street is moving beyond crypto pilots and increasingly treating Ethereum as production infrastructure, Etherealize cofounder Vivek Raman said. In an interview with CoinDesk, Raman said stablecoins were the first institutional use case but discussions are expanding to tokenized stocks, bonds, real estate and investment funds. He said Ethereum is in a transitional phase where infrastructure is largely built, but adoption has yet to be fully reflected in ETH due to long institutional sales cycles, and he defended the Ethereum Foundation’s willingness to step back from central coordination.