CoinDesk·4 min read·hard

Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains

M
Margaux Nijkerk
Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains
AI Summary

EthSystems is a new startup focused on developing privacy infrastructure to help financial institutions utilize public Ethereum blockchains. The company aims to provide confidential transaction controls while maintaining the benefits of decentralized ledger technology.

The company, which emerged from the Ethereum Foundation's Institutional Privacy Task Force, is building confidentiality infrastructure for banks, asset managers and governments looking to use Ethereum for tokenized assets, stablecoins and other financial applications.

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