Ethereum Foundation convenes institutions with $250T AUM to build on ETH

Ethereum Foundation brings Wall Street to ETH. Invite-only forum in NYC draws institutions with $250T AUM and spotlights post‑quantum plans.

- Ethereum Foundation hosted an institutional forum in New York for banks, asset managers, and infra providers overseeing about $250T AUM to discuss building on Ethereum (ETH) bitcoinist.com.
- Attendees included BlackRock, Western Union, Robinhood, Moody’s, Baillie Gifford, and Securitize, participating as builders, per on-site reporting from Milk Road x.com/MilkRoad.
- EF also unveiled its post‑quantum security strategy and launched a resource hub during the event bitcoinist.com.

Bitmine’s MAVAN enters staking at scale. Tom Lee backs a made‑in‑America validator network.

- Bitmine Immersion Technologies announced the launch of MAVAN, a proprietary staking solution prnewswire.com.
- Tom Lee Tracker reports roughly 3,142,643 ETH already staked on MAVAN, valued near $6.8B at ~$2,148 per ETH, and says it is set to become the largest ETH staking platform x.com/TomLeeTracker.
- At full deployment, MAVAN targets nearly $300M in annualized staking rewards and plans to expand to additional proof‑of‑stake chains and broader infra prnewswire.com.

On-chain usage keeps climbing.

- Daily activity on Ethereum is surging; a crypto investor known as CW notes network activity at or near all‑time highs despite price weakness x.com/CW8900.