The post BlackRock, JPMorgan Among 35 Firms Building on Ethereum appeared on BitcoinEthereumNews.com. Home » Crypto News Institutions are using Ethereum to launchThe post BlackRock, JPMorgan Among 35 Firms Building on Ethereum appeared on BitcoinEthereumNews.com. Home » Crypto News Institutions are using Ethereum to launch

BlackRock, JPMorgan Among 35 Firms Building on Ethereum

Home » Crypto News


Institutions are using Ethereum to launch tokenized stocks, money market funds, stablecoins, and deposits.

‘;
}

function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);

const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);

scriptEl.src = scriptURL.toString();

// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}

function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}

// Initial Load for Desktop
if (window.innerWidth > 768) {

const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}

// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}

// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();



Summarize with AI



Summarize with AI

In recent months, 35 of the world’s leading financial and technology firms, including BlackRock, JPMorgan, and Fidelity, have launched new products and services built directly on the Ethereum blockchain.

These moves, detailed in a social media thread from the official Ethereum account, signal a rapid acceleration in the tokenization of real-world assets (RWAs) by mainstream institutions.

The trend also highlights Ethereum’s emerging role as a foundational settlement layer for global finance, moving beyond speculative crypto trading into equities, bonds, and institutional payments.

Institutions Push Tokenization and Settlement on Public Rails

The Ethereum X account said on January 19 that adoption by financial institutions had accelerated, pointing to launches spanning tokenized stocks, money market funds, stablecoins, and bank deposits.

For example, Kraken rolled out xStocks on the network, allowing eligible clients to move fully collateralized U.S. equities on-chain, while Ondo Finance launched a platform with more than 100 tokenized U.S. stocks and ETFs backed by real securities.

Large asset managers have also taken similar steps, with Fidelity introducing its tokenized money market fund, FDIT, on Ethereum, and China Asset Management’s Hong Kong arm launching a tokenized USD money market fund, one of the first from a major Chinese asset manager. In Europe, Amundi introduced a tokenized share class of its euro money market fund on the Ethereum mainnet.

Banks, too, have expanded their footprint. JPMorgan moved its JPM Coin deposit token from an internal blockchain to Base, an Ethereum Layer 2, and later launched its first tokenized money market fund on Ethereum, seeded with $100 million of its own capital. Furthermore, Societe Generale FORGE deployed euro- and dollar-denominated lending and trading products on Ethereum-based DeFi protocols.

You may also like:

Payment firms and fintechs joined in, spearheaded by Stripe’s expansion of stablecoin subscriptions using USDC on Ethereum, while SoFi issued SoFiUSD, becoming the first U.S. national retail bank to launch a stablecoin on a public blockchain. Additionally, Google announced an agent payments protocol using stablecoins on Ethereum, built with partners including the Ethereum Foundation and Coinbase.

Network Growth Meets Questions About Scale and Simplicity

The institutional push has come alongside rising on-chain activity, illustrated by Ethereum staking surpassing 30% of supply this month, with about 36.2 million ETH locked, according to Ultrasound Money. Wallet creation also hit a record earlier in the month, with nearly 394,000 new addresses created in a single day on January 11.

At the same time, Ethereum co-founder Vitalik Buterin warned on January 18 that growing protocol complexity could weaken security and self-sovereignty over the long term, urging developers to prioritize simplicity. His comments highlighted a tension between expanding institutional use cases and keeping the base protocol understandable and resilient.

The breadth of recent announcements shows how Ethereum and its Layer 2 networks are being used as testing grounds for regulated tokenized finance, from funds and equities to payments and settlement, while debates about governance and design continue in parallel.

SPECIAL OFFER (Exclusive)

SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Source: https://cryptopotato.com/blackrock-jpmorgan-among-35-firms-building-on-ethereum/

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0.000829
$0.000829$0.000829
+2.09%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10
PayPal Expands to Nine New Chains & Metamask Token Confirmed

PayPal Expands to Nine New Chains & Metamask Token Confirmed

The post PayPal Expands to Nine New Chains & Metamask Token Confirmed appeared on BitcoinEthereumNews.com. PayPal’s US dollar-backed stablecoin – $PYUSD – is going permissionless and multichain across nine blockchains. Meanwhile, MetaMask, the world’s leading self-custody wallet, is finally entering the token game. With crypto adoption on the rise, now’s a great time to consider $BEST. The reason is that it’s the native token of Best Wallet, a non-custodial crypto app built for the next wave of digital asset growth. $PYUSD Set to Launch Across Avalanche, Sei, Abstract $PYUSD currently supports Ethereum, Solana, Arbitrum, and Stellar. However, its permissionless upgrade, $PYUSD0, will expand its reach across numerous chains: Avalanche, Sei, Abstract, Ink, Stable, Tron, Berachain, and Flow. In doing so, $PYUSD0 can reach the most demanding markets. Plus, users who want to gain faster access to the stablecoin can do so without relying on banks and without relying on platforms like Venmo or PayPal. ‘By working together [with LayerZero], we will enable PYUSD to reach new markets faster while maintaining compliance and composability from day one.’ — David Weber, Head of Ecosystem, PayPal USD. The market’s already reacting to the expansion with intense enthusiasm. Since the news broke out, $PYUSD’s market cap has surpassed $1.3B for the first time. And it’s not the only major crypto move that PayPal has recently made. Earlier this week, it also announced that it’ll soon expand peer-to-peer crypto payments through its new Links feature. Source: X (PayPal) It’ll enable you to move digital assets like $PYUSD, BTC, and $ETH through easily shareable payment links via texts, direct messages, or emails. Its ultimate aim? To make crypto transactions faster and simpler across PayPal, Venmo, and compatible wallets worldwide. And it’s not the only financial titan making big crypto moves. In a recent interview with The Block, ConsenSys CEO Joseph Lubin addressed long-running speculation over a potential MetaMask token. ‘The MASK…
Share
BitcoinEthereumNews2025/09/20 01:44