Ethereum is coming for the $16 trillion mortgage market.
At least if Vivek Raman, CEO of Ethereum lobby group Etherealize, has anything to say about it.
Having spent the first year of the company’s life educating Wall Street giants on the merits of blockchain tech, Raman and his team are taking aim at tokenising an even larger slice of financial markets, such as US housing.
“Full mortgage securities, and the whole packaging and repackaging of structured products based on that makes all the sense in the world,” he told DL News.
The initiative not only comes on the back of a top US regulator opening the door to bring crypto and mortgages closer together, but also highlights how dramatically the narrative around Ethereum has shifted this year.
At the beginning of 2025, Ethereum was treated as the sick man of crypto.
While rival blockchains’ prices hit record highs, buoyed by supportive policies emerging from US President Donald Trump’s second term in the White House, Ethereum seemed unable to capture the momentum.
That’s all changed this summer.