Ethereum Advocacy Group Raises $40M

Etherealise, an advocacy group for Ethereum, has raised $40 million to introduce Wall Street to its blockchain vision. The financing is intended to increase traditional financial institutions’ knowledge of and use of Ethereum-based solutions. Etherealise intends to use this funding to close the gap between mainstream finance and cryptocurrency innovation by educating investors and businesses about smart contracts, decentralised finance, and Ethereum’s ecosystem.