Danny Ryan Joins Etherealize to Bridge Ethereum and Wall Street
Danny Ryan, a key architect behind Ethereum's "The Merge," left the Ethereum Foundation (EF) in September but began discussions to return as its leader. However, he shifted focus to Etherealize, a firm aimed at integrating Ethereum with Wall Street.
Key points:
- Ryan departed from EF amid leadership changes and community unrest about Ethereum's competitiveness against rivals.
- Aya Miyaguchi was moved to president, while daily operations were handed to Hsiao-Wei Wang and Tomasz Stańczak.
- Ryan joined Etherealize in March as a co-founder to develop financial products that connect Ethereum with institutional finance.
- He believes Ethereum is at a crucial technological point and emphasizes the need for practical user adoption.
- Ryan aims to bridge Ethereum's ecosystem with traditional finance, leveraging his deep knowledge of the protocol.
- His transition coincides with a changing regulatory environment that could facilitate institutional acceptance of crypto.
- Ryan remains positive about the new leadership at the EF and their technical expertise.