The spinout comes amid one of the biggest organizational shakeups at the Ethereum Foundation in years.
- Former members of the Ethereum Foundation's Institutional Privacy Task Force have launched EthSystems, a new for-profit startup that will build privacy infrastructure for banks and other institutions using Ethereum, commercializing work previously developed inside the foundation.
- The launch is the latest EF spinout following recent organizational changes, joining newly formed entities EthLabs and Ethereum Institutional as the ecosystem restructures its approach to protocol development and institutional adoption.
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Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters :
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
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