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Ethereum advocacy firm Etherealize has secured $40 million in a funding round led by Electric Capital and Paradigm. The investment comes as public companies continue adding billions in Ether to their treasuries. The funds will be used to accelerate institutional adoption of Ethereum technology.
- Funding round led by prominent crypto VC firms Electric Capital and Paradigm
- Comes amid $1.2 billion in Ether acquisitions by public companies this week
- Company originally launched with backing from Ethereum Foundation and Vitalik Buterin
📎 Related coverage from: cointelegraph.com