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🪙 Crypto
Joseph Lubin launches Ethereum Institutional to bring ETH to Wall Street
Three former members of the Ethereum Foundation's business team have launched a New York-based non-profit called Ethereum Institutional, backed financially by Ethereum co-founder Joseph Lubin and firms holding billions of dollars in ETH. The organisation aims to help banks, asset managers, custodians and market infrastructure operators adopt Ethereum-based solutions, including asset tokenisation, stablecoins and on-chain settlement. The launch reflects growing institutional interest in blockchain technology.
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