Etherealize co-founder Vivek Raman criticized the resurgence of private, permissioned consortium blockchains in traditional finance, warning they risk recreating siloed systems that undermine interoperability.
After the Ethereum community rallied behind Danny Ryan in an on-chain vote representing over $159 million in ETH, Ryan and the Ethereum Foundation mutually parted ways in January 2025 without a leadership arrangement. Rather than returning to the organization he helped build for seven years, including leading The Merge, Ryan co-founded Etherealize in March 2025 alongside former Citadel executive Vivek Raman, focusing on bringing Ethereum to Wall Street.
