Traditional financial institutions are no longer viewing blockchain as an experimental technology and are beginning to integrate Ethereum-based solutions into real business processes. This was stated by Etherealize founder Vivek Raman in an interview with CoinDesk.
According to him, major banks and asset managers are gradually shifting from pilot projects to practical use of public blockchains as operational infrastructure.
The first institutional use case he mentioned was stablecoins. The focus then shifted to tokenized stocks, bonds, real estate, and investment funds. Raman attributed this trend to Ethereum’s dominance in the stablecoin, liquidity, and institutional deployment segments.
However, the growing interest from TradFi participants has not yet been reflected in the price of ETH. Raman explained this by the long transaction cycles in traditional finance and the delay between infrastructure creation and the on-chain transfer of assets.
He believes Ethereum has entered a transitional phase: the basic infrastructure is largely built, but the scale of adoption is not yet “visible” in the cryptocurrency’s price. In the near future, the market may reassess the role of ETH as an asset that secures the network.
Raman also defended the Ethereum Foundation amid criticism over staffing changes and the evolving role of the organization. He stated that the foundation should uphold the network’s core principles—security, censorship resistance, privacy, and open standards—and continue working on long-term initiatives like ZKP technologies and protection against quantum threats.
Raman suggested measuring Ethereum’s ultimate success not by its price, but by its level of adoption, number of users, volume of sustainable assets, and the practical utility of the network.
Earlier, Bankless educational platform co-founder David Hoffman reduced his position in ETH and stated that he no longer expects a major structural revaluation of the coin.
