Quick take:
- Etherealize previously received a grant from Ethereum co-founder Vitalik Buterin and the Ethereum Foundation.
- The company plans to use the capital to build private, settlement, and tokenization tools for institutions on Ethereum.
- The announcement comes amid the growing optimism for crypto in the U.S. following Trump’s pro-crypto approach to regulation.
Etherealize, a crypto startup building institutional-grade tools on Ethereum with the goal of “bringing Wall Street to Ethereum,” has raised $40 million in a Series A round led by Electric Capital and Paradigm.
The funding was structured as equity with token warrants, according to the report by Fortune. It follows a previous grant received from Ethereum co-founder Vitalik Buterin and the Ethereum Foundation.
Launched in January 2025, Etherealize plans to use the capital to build private, settlement, and tokenization tools for institutions on Ethereum, amid the growing interest in crypto products from mainstream companies, including stablecoins and tokenized real-world assets.
The announcement comes amid the growing optimism for crypto in the U.S. following Trump’s pro-crypto approach to regulation.
In July, President Trump signed into law the GENIUS Act, a bill that provides a clear framework for regulating cryptocurrencies pegged to real-world assets like the USD. The bill also offers guidance to traditional financial institutions looking to integrate digital assets into their systems.
Commenting on his company’s plan to “bring Wall Street to Ethereum”, Vivek Raman, CEO and cofounder of Etherealize, told Fortune: “Now’s the time to really, really mobilize. I think that we have the best window of first possible adoption that I’ve ever seen.”
“The Window is Now,” added Raman, whose background in traditional finance includes roles at Morgan Stanley, UBS, and Deutsche Bank.
“There aren’t institutional builders that are willing to go through and walk through all of their processes and pain points,” he said. “I want to do that. I actually think that stuff is fun.”
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