Ethereum Foundation launches institutional portal to boost enterprise adoption

  • “Ethereum for Institutions” helps businesses integrate with the Ether ecosystem.
  • The new platform showcases Ethereum’s role in DeFi, L2 scaling, and RWAs.
  • ETH eyes rebounds as whales accumulate.

The Ethereum Foundation has announced a new website, Ethereum for Institutions, designed to guide businesses on how to operate on-chain.

Unveiled today, October 29, the site aims to supercharge Ethereum adoption among top companies.

The official announcement reads:

Ethereum is the neutral, secure base layer where the world’s financial value is coming on-chain. Today, we’re launching a new site for the builders, leaders, and institutions advancing this global movement.

The foundations Enterprise Acceleration team created the new website to present a clear framework for firms interested in building and investing in the second-largest cryptocurrency.

Ethereum for Institutions offers case studies, resources, and access to industry leaders shaping the next phase of DeFi.

Scaling Ethereum for enterprise utility

Scalability has been among the primary challenges in Ethereum’s push for institutional-grade adoption.

Meanwhile, its L2 ecosystem, comprising projects like Arbitrum, zkSync, Base, and Optimism, is addressing that.

The foundation revealed that Layer2s secure more than $50 billion in value. The team said:

With $50B+ in total value secured, L2s provide the high-throughput, low-cost execution needed for global-scale applications – from payments to tokenization.

These platforms have gained traction for offering low costs and high throughput essential for enterprise-level utility, including real-world assets tokenization, trading, and payments.

Notably, the new website features a comprehensive L2 segment showcasing how these solutions are enabling cheaper and faster transactions while leveraging Ethereum’s robust security.

Layer 2 platforms offer the infrastructure for businesses navigating decentralized finance, stablecoins, or tokenization.

Ethereum transforms the on-chain economy

Ethereum’s new institutional website is beyond a documentation hub. It welcomes the next phase of digital finance.

It lowers entry barriers for traditional institutional navigating on-chain finance by organizing data around key sectors like DeFi, staking, restaking networks, RWAs, and DeFi.

It builds on the Ethereum vision, serving as a neutral, composable, and public infrastructure that supports financial innovation.

The blockchain continues to merge TradFi and DeFi, leveraging an ecosystem of thriving developers, high-end privacy tools, and scalability through L2 platforms.

With more institutions embracing blockchain through ETFs and digital assets strategies, Ethereum’s institutional portal offers a lucrative entry point.

The website connects global businesses with the foundation blocks of the digital economy.

ETH price outlook: whales are buying

The largest altcoin by market value is trading at $3,971 following an over 3% decline in the past 24 hours.

Its bearish trajectory mirrors the broader sector.

CoinMarketcap data shows the value of all digital currencies declined by 3% the previous 24 hours to $3.76 trillion.

Nevertheless, Lookonchain data shows large-scale investors are buying the dip.

Bitime’s new wallets have received 33,948 ETH tokens, worth approximately $135 million, from Falcon X today.

That reveals conviction in Ethereum’s possible rebounds in the coming sessions.

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PancakeSwap taps Ondo to integrate real-world assets (RWAs) on BNB Chain

  • The DEX has signed a strategic collaboration with Ondo Finance.
  • BNB Chain users can access over 100 tokenized US stocks and ETFs from today.
  • PancakeSwap has offered zero trading fees for the first month.

PancakeSwap has teamed up with Ondo Finance to bring over 100 tokenized stocks and exchange-traded funds into the BNB Chain.

Starting today, users on the Binance platform can buy or sell digital representations of top US bonds, stocks, and ETFs, all pegged 1:1 to the underlying securities.

According to Ondo Finance CEO Nathan Allman:

Expanding Ondo Global Markets to BNB Chain allows us to bring tokenized US stocks and ETFs to millions of users across Asia, Latin America, and other geographies, in an environment that is fast, cost-efficient, and highly interoperable. This is a major step toward making US markets globally accessible through blockchain technology.

PancakeSwap will waive trading fees for the first 30 days to celebrate Ondo Global Markets integration.

That gives the DeFi community a cost-free way to navigate tokenized traditional assets on the Binance ecosystem.

On-chain finance hits a key milestone

The alliance is part of Ondo’s mission to leverage blockchain technology to allow access to high-quality US monetary assets, including real estate and stocks.

Now, BNB Chain’s over 3.4 million daily users and the vast DeFi ecosystem can enjoy Ondo’s offerings.

Further, PancakeSwap promises user-friendliness, self-custody, and transparency.

The integration welcomes a new era for the Binance community, bridging decentralized finance with traditional markets.

BNB Chain’s thriving user base can now access high-net tokenized US securities.

The Chain’s Head of Business Development, Sarah Song, commented:

Real-world assets are one of the fastest-growing segments on BNB Chain, and having Ondo Finance join our ecosystem is another strong validation of that momentum. Together, we’re expanding access to high-quality financial assets and driving the next wave of adoption that connects traditional markets with blockchain technology.

Understanding PancakeSwap’s role

PancakeSwap is the leading DEX on BNB Chain. It will serve as the strategic launch partner supporting trading of the tokenized assets.

The decentralized exchange enables users to trade Ondo’s tokenized securities through a familiar interface, promising a remarkable experience for new and existing DeFi players.

Moreover, PancakeSwap announced a zero-fee campaign between October 29 and November 29.

Ondo will leverage PancakeSwap’s massive user base and liquidity pools to ensure streamlined market activity and price discovery for tokenization enthusiasts on the BNB Chain.

CAKE and ONDO price actions

The native tokens mirrored the broader market performance, exhibiting bearish biases on their daily timeframes.

CAKE lost nearly 5% in the past 24 hours to $2.55, whereas a 2% dip in that timeframe sees ONDO exchanging hands at $0.7364.

Bearish sentiments dominate the broader sector as the global cryptocurrency market cap plunged 1.5% the past day to $3.8 trillion.

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