Etherealize has completed a $40 million financing round, led by Electric Capital and Paradigm, with participation from Vitalik.

BlockBeats News, September 3rd, Ethereum startup Etherealize announced the completion of a $40 million financing round. This round of financing was led by Electric Capital and Paradigm, with Ethereum co-founder Vitalik Buterin and the non-profit organization Ethereum Foundation, dedicated to Ethereum protocol development, also providing support to Etherealize through an early grant. The financing round took the form of equity and token warrants.

In early 2025, Raman, along with long-time Ethereum developer and researcher Danny Ryan, Ethereum supporter from the traditional finance sector Grant Hummer, and Ethereum security engineer Zach Obront, founded Etherealize—a name that combines Ethereum and realize.

Etherealize aims to persuade Wall Street to delve deeper into the crypto field, with the new funds being used to help financial institutions build products and infrastructure on Ethereum.