Etherealize Secures $40M to Supercharge Ethereum Adoption as Institutions Pour $1.2B Into Crypto This Week
Ethereum's marketing just got a massive capital injection—and Wall Street's finally waking up to crypto's potential.
Funding Frenzy Meets Institutional Demand
Etherealize's $40 million funding round signals serious confidence in Ethereum's mainstream future. Meanwhile, traditional firms allocated another $1.2 billion to digital assets this week alone—because apparently waiting for regulatory clarity is so last decade.
Smart money moves beyond speculation into infrastructure building. Venture capital bets big on adoption tools while institutional players keep stacking crypto exposure—proving even skeptics eventually capitulate to outperforming assets.
Wall Street's playing catch-up while crypto natives build the future. The irony? Traditional finance now pays premium prices for exposure to the very assets it dismissed for years.
Etherealize to use funds for institutional tools
Etherealize said the $40 million would be put toward developing crypto-based financial tools aimed at institutions.
The firm wants to build infrastructure for privately trading and settling tokenized assets, a settlement platform geared to “institutional tokenization workflows,” and applications aimed at markets for tokenized fixed income products, such as tokenized bonds.
“Over the past decade, Ethereum has gone from an experiment to the world’s most battle-tested, open financial network,” said Etherealize co-founder Danny Ryan, adding the raise would help upgrade “institutional finance to modern, safer, globally accessible rails.”
Public firms add $1.26 billion worth of ETH this week
Etherealize’s raise comes after public firms globally have added $1.2 billion worth of ETH to their holdings so far this week, according to data from the website Strategic ETH Reserve.
The Ether Machine, a so-called crypto treasury company that is planning to go public soon, made the week’s largest addition with a 150,000 ETH raise on Tuesday, valued at $654 million.
The same day, the largest ETH holding firm, BitMine Immersion Technologies, said it scooped up over 150,000 ETH over the previous week, with data from Arkham showing it bought an additional $65 million worth on Wednesday.
Sharplink Gaming and the Hong Kong-listed Yunfeng Financial announced they bought more ETH on Tuesday, making respective purchases worth $176 million and $44 million.
ETH at nearly 50% odds of $6,000 this year
Nick Forster, the founder of crypto options platform Derive, said in a note on Wednesday that a possible Federal Reserve rate cut this month and the ETH buys by public companies have set it up “for explosive potential heading into Q4.”
He said ETH-buying firms now hold nearly 4% of the token supply, and a rate cut could see such companies “holding 6-10% of ETH’s supply by year-end, positioning them as a major force behind ETH’s price action.”
Forster predicted there was a 44% chance that ETH reaches $6,000 by the end of the year, and gave 30% odds of it hitting that price by the end of October.
Ether is currently trading for just under $4,400, up 1.8% on the day, but it has fallen 11.5% since its peak of around $4,950 on Aug. 24.