BlockBeats News, August 24, billionaire Peter Thiel is betting that Ethereum will become the preferred platform for RWA on Wall Street. His investment firm Founders Fund has heavily invested in Ethereum-related assets and has invested in multiple companies that use Ethereum as a reserve asset, including ETHZilla and Bitmine. Peter Thiel's investment logic in Ethereum is that if Ethereum can become an alternative channel for settling and clearing dollars, stocks, and other assets outside the traditional financial system, then its native token will significantly benefit from increased network activity.
Billionaire Peter Thiel is betting that Ethereum will become the preferred blockchain for RWA on Wall Street
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