Ethereum Dominates Corporate Blockchain Adoption With NFTs, Tokenized Assets: Galaxy Report

Greater than 50 non-crypto corporations, together with international banks and luxurious manufacturers, are buildings on blockchain-based merchandise on Ethereum and are low two networks, aimed toward NFTs, tokenized property and scalable infrastructure, in keeping with a Galaxy Digital Report.

Conventional finance and retail giants guess on the L2 networks of Ethereum

Greater than 50 conventional corporations, together with monetary establishments equivalent to Deutsche Financial institution and PayPal and types equivalent to Louis Vuitton and Adidas, develop crypto -specific purposes on Ethereum and the Layer Two (L2) networks, in keeping with a report from Galaxy Digital Vice President of Analysis Christine Kim. These efforts are aimed toward non-speculative consumer eventualities equivalent to Actual-World Asset (RWA) tokenization, NFTs and Web3 gaming, bypassing normal crypto infrastructure equivalent to exchanges.

Galaxy Digital’s Analysis Charts 55 Conventional corporations actively make blockchain-driven frameworks and decentralized instruments on Ethereum and its L2 ecosystems, which factors a pivot level of web3 integration over speculative tendencies.

Ethereum leads in RWA -Tokenization and organizes nearly 10 occasions the worth of property in comparison with rival blockchain -stellar, by Galaxy Analysis. Of the 20 monetary establishments construct crypto infrastructure, 13 situation of Rwas-inclusive BlackRock’s Ethereum-based fund, Buidl. Stablecoins additionally thrive on Ethereum, with PayPal’s Pyusd and Robinhood’s USDG that induced a 70% dump of supply in 2024. Ethereum recommends greater than 50% of the $ 400 billion Stablecoin market.

Scalable infrastructure investments underline the acceptance of corporations. Deutsche Financial institution is growing an Ethereum L2 with ZKSync for conforming options for finance, whereas Sony’s Soneium Rollup focuses on gaming and leisure. These tasks emphasize the function of Ethereum as a foundation for adaptable, enterprise-grade block chains regardless of debates on centralized management, as seen in Sony’s supervision of Soneium exercise.

Gaming manages NFT innovation, whereby corporations equivalent to Atari and Lamborghini launch on L2-based platforms. Atari has deployed basic video games on the fundamental community of Coinbase and presents NFT rewards, whereas Lamborghini’s Fastforworld cross-game makes digital automobile possession attainable. The Lotte Group group of Zuid -Korea works along with Arbitrum for its “dressed” Metaverse, which quotes the 250ms block speeds of the L2 as essential for seamless gaming.

The L2-Central Route map of Ethereum balances scalability and safety and attracts settings which are searching for environment friendly Onchain options. Regulatory rugwind, together with SEC concentrate on tokenization, and partnerships equivalent to Stripe’s $ 1 billion acquisition of Stablecoin platform Bridge, sign -growing mainstream adoption.

The Galaxy report concludes that Ethereum stays the popular chain for financially oriented crypto companies, with RWAS and Stablecoins prepared for growth in 2025. “As the overall blockchain with the best stage of decentralization, the widest vary for crypto-native customers and the longest TrackRecord for network-uptime, Ethereum is the doorway gate that use many establishments to incubate and launch and launch merchandise and products-targeted crypto companies and merchandise, ”Kim famous.