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Etherealize completes $40 million financing, led by Electric Capital and Paradigm.
Hasset Chain news reports that Etherealize has successfully raised $40 million in funding, led by Electric Capital and Paradigm. The company was co-founded by Vivek Raman and Danny Ryan, aiming to develop Ethereum-based asset tokenization and infrastructure for financial institutions. This funding round also received initial support from Vitalik Buterin and the Ethereum Foundation. Etherealize plans to implement digital financial products such as mortgages and credit products through blockchain technology to promote Wall Street's adoption of Ethereum technology.
$ETH #Ethereum ElectricCapital #Paradigm VitalikButerin #Blockchain