Ethereum Institutional launches with backing from Standard Chartered and Ethereum leaders

Margaux Nijkerk

5d ago· 2 min readenNews

Summary

Ethereum Institutional, a new initiative backed by Standard Chartered and top Ethereum leaders, has launched as part of a broader evolution of Ethereum's support ecosystem. This follows the debut of EthLabs and comes amid ongoing efforts by the Ethereum Foundation to address community criticism over transparency and communication by encouraging independent organizations to lead adoption and ecosystem growth. Vivek Raman, CEO of Etherealize, highlighted this as an example of Ethereum's decentralized model in action, emphasizing that Ethereum is built by a network of independent organizations rather than a single entity.

Source

bskyEthereum Institutional launches with backing from Standard Chartered and Ethereum leaderscoindesk.com

Key quotes

· 2 pulled

Ethereum is not built by or run by a single organization.

Ethereum is a network of independent organizations.

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Its launch comes as Ethereum's support ecosystem undergoes a broader evolution, following the debut of EthLabs and amid ongoing efforts by the Ethereum Foundation to respond to community criticism over transparency, communication and its role within the e

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