Ethereum emerges as the blockchain backbone for Wall Street with increased institutional adoption

The Etherealize report underscores the swift adoption of blockchain technology by financial institutions. Major players like BlackRock, JPMorgan, and Fidelity are paving the way by tokenizing billions in assets on Ethereum.

Regulatory advancements such as the US GENIUS Act and EU MiCA enhance compliance and position Ethereum as the backbone for institutional finance, with a significant share of on-chain assets and stablecoin trading happening on this network.

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