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Ethereum Institutional Closes Funding Round with Over 100 Participants

Guavy AI Editorial Team
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ETH UNI AAVE ENS
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Ethereum Institutional, an independent organization aimed at driving institutional adoption of the Ethereum ecosystem, has closed its first funding round. Over 100 organizations and individuals participated in the round, led by BitMine, SharpLink, and Ethereum co-founders Joe Lubin and Mihai Alisie.

The total amount raised was not disclosed. Participants include 21Shares, Aave, Circle, Curve Finance, Robinhood, Uniswap Labs, Securitize, and ENS Labs.

Ethereum Institutional plans to focus on helping companies implement Ethereum, promoting specific use cases, and identifying key areas of interest after the funding round.

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