Ethereum is transitioning from experimental pilots to production use among major financial institutions, according to Vivek Raman, cofounder of Etherealize.
In an interview with CoinDesk, Raman said institutions have moved past testing phases. "A year and a half ago it was proof-of-concept, dip your toe in," he said. "Now it's: we need to jump in head first and use public chains just like we all use the internet."
Raman noted that stablecoins served as an initial entry point. Discussions now include tokenized stocks, bonds, funds and real estate on the Ethereum network. He attributed the current price lag of ETH to extended institutional sales cycles and the time required for assets to move onchain.
Raman also defended the Ethereum Foundation's reduced role. He said the network should remain neutral and open rather than controlled by any single entity. The foundation should focus on core principles such as security and privacy, he added.
