Ethereum Institutional Completes Initial Fundraising, Led by BitMine, SharpLink, and Others

Odaily Odaily reports that Ethereum Institutional has announced the completion of its initial fundraising phase and the formation of a supporter coalition, led by BitMine, SharpLink, as well as Ethereum co-founders Joseph Lubin and Mihai Alisie, with support from over 100 ecosystem participants. The project's main business is to provide services for the institutional-grade Ethereum ecosystem, advancing tokenization, stablecoins, market infrastructure on-chain, and on-chain settlements, as well as conducting institutional education, market intelligence, and ecosystem marketing.