Ethereum infrastructure company Etherealize completes $40 million in financing.

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[Ethereum infrastructure company Etherealize completes $40 million financing] According to Fortune, Ethereum infrastructure startup Etherealize announced the completion of a $40 million financing round led by Electric Capital and Paradigm, with initial funding support also provided by Ethereum founder Vitalik Buterin and the Ethereum Foundation. The company was founded in January 2025 by former senior professionals from Morgan Stanley and Deutsche Bank, Vivek Raman, with the aim of developing Ethereum blockchain products and infrastructure for Wall Street financial institutions. Etherealize plans to utilize blockchain technology to tokenize financial assets such as mortgages, credit, and fixed income, replacing the "Stone Age technology" that is still in use on Wall Street.

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