Overview

Danny Ryan, a pivotal figure behind Ethereum’s development, notably with the major upgrade “The Merge,” recently shifted his focus from the Ethereum Foundation (EF) to co-found Etherealize, a firm dedicated to bringing Ethereum to traditional finance.

Key Highlights

• Ryan departed from the EF in September but soon considered rejoining as its leader after some months of discussion.
• In January, he mutually parted ways with the EF, and by March, he had officially announced his role at Etherealize.
• He believes that Ethereum is at a technological turning point, stating, “Ethereum is much bigger than the EF… it’s not just a couple of changes at the EF that are going to make or break Ethereum at large.”

Ryan’s Belief in Ethereum

As he transitions to Etherealize, Ryan is determined to bridge Ethereum’s innovative technology with the world of institutional finance. The firm is working on creating financial products that will enable traditional investors access to Ethereum while adhering to core blockchain principles.

Ryan previously played a vital role in the transition of Ethereum from proof-of-work to proof-of-stake, and his initiative at Etherealize aims to leverage his deep connections within the Ethereum network to enhance the project’s integration into the real-world financial landscape.

Future Outlook

In addressing the leadership changes at the EF during his exit, Ryan expressed optimism about the incoming talent and leadership at the foundation, emphasizing a strong future ahead. “I’m excited for some new blood,” he stated, appreciating the technical backgrounds of those who will now lead the EF.