Etherealize: Ethereum is Open for Business | Danny Ryan & Vivek Raman
Episode publishedPodcast: BanklessBankless
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I come from Wall Street trading floors. We like winning. We like competition. But it's almost as if Ethereum is already ahead. Ethereum is already winning. When we go in and say Ethereum is the only blockchain without downtime, where you have the most amount of tokenized assets, the most amount of economic security, the most amount of regulatory precedent, the most amount of institutional adoption. Ethereum is the default. We just had to remind people why.
Welcome to Bankless, where we explore the frontier of Internet money and Internet finance. And today, we're exploring the intersection of Ethereum and Wall Street. Ethereum is open for business. After ten years of the Ethereum network being online without a single instance of downtime, Ethereum is finally ready to go to Wall Street. Now, parts of Wall Street have already noticed that Ethereum is incredibly well suited for institutional financial products. BlackRock has already put a billion dollars of tokenized treasuries on Ethereum. Franklin Templeton already has tokenized funds on chain but
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Thanks for having me.
And with us as well is Vivek Raman, cofounder of Etherealize. He has spent a decade on Wall Street doing fixed income trading, leverage loans, credit default swaps, very deep structural components of the global financial system and he launched Etherealize back in January of this year. Vivek, welcome to Bankwest. Great
to see you.
Vivek, I wanna start with you. I want to know what the mission of Etherealize is, but maybe you could, in addition to that, just start by explaining what the Etherealize entity setup is like. Is this a nonprofit? Is this a foundation for profit? Like, legally speaking, what is the structure, and then what is the mission of Etherealize?
So Etherealize is it's a Delaware C corp. Our scope is expanding, which is an honor and a privilege being joined with Danny. So there will also be a nonprofit portion of it. And the ultimate goal is to connect institutions to the Ethereum ecosystem, which is basically broadened out to saying, we now have a really, really unique opportunity to bring the world to Ethereum. Ethereum is open for business. It's upgraded. It's ready with the layer two modular scaling. And now we need to be very, very aggressive on the onboarding process and bring the world on. Mhmm.
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