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Institutional giants such as BlackRock, Deutsche Bank, Coinbase, and Kraken are building directly on Ethereum's rails, accelerating institutional adoption

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by COINS NEWS 10 Views

Institutional giants such as BlackRock, Deutsche Bank, Coinbase, and Kraken are building directly on Ethereum's rails, accelerating institutional adoption

At the Ethereum Community Conference (EthCC) in Cannes, France, the crypto scene showcased the growing institutional adoption of Ethereum. Key points include:

  • Ethereum’s institutional adoption is accelerating, with BlackRock, Deutsche Bank, Coinbase, and Kraken all building directly on its rails.

  • Ethereum's core values, such as neutrality, security, and censorship resistance, are emerging as competitive advantages in the institutional market.

  • Institutional investors are warming up to Ethereum, with Ether ETF inflows rising for two straight months.

  • Ether has seen a nearly 6% increase in value, with several public equities tied to the blockchain rallying alongside it.

  • Robinhood became the first public U.S. company to launch tokenized stocks on-chain, using Ethereum's Arbitrum network.

The conference highlighted Ethereum's infrastructure layer for tokenized finance, with speakers emphasizing the network's stability and dependability. As institutional adoption accelerates, Ethereum's future looks promising, with a focus on utility and scalability without compromising its core values.

submitted by /u/CriticalCobraz
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