Etherealize has completed a $40 million funding round, with Electric Capital and Paradigm leading the investment, and Vitalik participating.

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