Ethereum Foundation rolls out new institution-focused site amid Wall Street’s crypto push

Core Insights - Financial institutions are increasingly adopting cryptocurrency, with the Ethereum Foundation launching a new website to assist in this integration [1][2] - The website aims to provide clear pathways for businesses to adopt Ethereum and highlights various institutional use cases, including stablecoins and tokenization of real-world assets [2][3] - Ethereum is the leading blockchain for decentralized finance (DeFi), with approximately $118 billion in deposits across over one thousand protocols and hosting more than half of the $308 billion stablecoin market [3] Institutional Adoption - The Ethereum Foundation has faced criticism for not adequately supporting institutional adoption compared to competitors [4] - Major financial institutions, including Citi, are forming partnerships to leverage blockchain technology, as seen in Citi's collaboration with Coinbase to develop stablecoin infrastructure [5] - Other companies like Zelle and Western Union are also planning to integrate stablecoins into their operations, indicating a broader trend in the financial sector [6] Strategic Initiatives - The Ethereum Foundation is actively working to enhance the blockchain's appeal to financial firms, responding to the growing interest from institutions [7]