Wu has learned that institutional Ethereum privacy technology company EthSystems has officially announced its launch and received initial funding support from listed Ethereum treasury company BitMine, SharpLink, and Ethereum co-founder and Consensys founder Joseph Lubin, among others. EthSystems was founded by the former institutional privacy working group team of the Ethereum Foundation and will develop privacy and compliance systems for regulated entities such as banks and asset management companies, enabling them to carry out transactions on the Ethereum network while protecting sensitive information such as transaction details and customer identities.

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OrdersPlacedBeforeTheStorm
· 10h ago
Banks need to be compliant and also go on-chain, so it’s hard to find the balance between privacy and regulation—let’s see how they implement it.
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VelvetValidator
· 11h ago
EthSystems has a bit too strong a background—an ex-foundation team plus Lubin’s endorsement, and finally there are legitimate players in the institutional privacy track.
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InvisibleMarketMaker
· 11h ago
BitMine and SharpLink—both of which are investing in these listed ETH treasury setups—shows that institutional demand on the institutional side is indeed picking up.
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