Billionaire Peter Thiel is Betting on Ethereum to Become Wall Street's Preferred RWA Blockchain

BlockBeats News, August 24th, Billionaire Peter Thiel is betting that Ethereum will become Wall Street's preferred platform for Real-World Assets (RWA). His investment firm, Founders Fund, has significantly invested in Ethereum-related assets and has invested in multiple companies that hold Ethereum as a treasury reserve asset, including ETHZilla and Bitmine. Peter Thiel's investment thesis for Ethereum is based on the idea that if Ethereum can become an alternative channel for settling USD, stocks, and other assets outside of the traditional financial system, then its native token will benefit greatly from increased network activity.