Etherealize Completes $40 Million Funding Round Led by Electric Capital and Paradigm

Vitalik Buterin and the Ethereum Foundation provided initial funding. Etherealize, co-founded by Vivek Raman, Danny Ryan, and others, is dedicated to developing Ethereum-based asset tokenization and infrastructure for financial institutions. The team plans to digitize traditional financial products such as mortgages and credit through blockchain, encouraging Wall Street institutions to adopt Ethereum technology.