Ethereum Institutional, an independent non-profit organization, announced its establishment with the aim of accelerating the institutional adoption of the Ethereum ecosystem BlockBeats News: On July 1st, the new independent non-profit organization Ethereum Institutional announced its establishment, aiming to accelerate institutional adoption of Ethereum and its Layer 2 network, applications, and overall ecosystem. The organization is positioned as a 'neutral docking window', providing unified communication and research support for banks, asset management institutions, and financial infrastructure participants to compensate for the lack of trusted coordinators in the process of entering the Ethereum ecosystem. Ethereum Institutional stated that it will focus on five main areas of work, including institutional communication, ecological research, industry demand analysis, and activity connectivity. It will be supported by related ecological supporters such as Joseph Lubin, as well as organizations such as BitMine and SharpLink as core funders. The organization stated that global financial institutions are accelerating the evaluation of long-term layouts for tokenized assets, stablecoins, and on chain market infrastructure, and Ethereum is expected to become an important underlying network for the next generation of institutional financial infrastructure. [Original link]