DeFi· ★★★★· bullish·

Ethereum Anchors Wall Street Build-Out With $49.1B in DeFi Value

  • —DeFi liquidity on Ethereum reached $49.1 billion
  • —BlackRock issues tokenized funds on Ethereum
  • —JPMorgan runs its deposit token on an Ethereum Layer 2
  • —Banks are building issuance, trading and settlement infrastructure on Ethereum
Why it matters: Institutional infrastructure on Ethereum strengthens ETH demand and confirms TradFi's migration on-chain.
Source: Coinotag