以太坊，“数字石油”注定要彻底改变传统金融机构

Etherealize和前华尔街银行家的联合创始人Vivek Raman领导着前所未有的魅力攻势。

Vivek Raman, co-founder of Etherealize and former Wall Street banker, is leading an unprecedented charm offensive. He now presents Ethereum as the “digital oil” destined to revolutionize traditional financial institutions.

Etherealize和前华尔街银行家的联合创始人Vivek Raman领导着前所未有的魅力攻势。现在，他将以太坊呈现为注定要彻底改变传统金融机构的“数字石油”。

This year, several reports highlight a surprising trend: the massive entry of institutional players into the cryptocurrency market is continuing at an unhurried pace.

今年，一些报道强调了一个令人惊讶的趋势：机构参与者进入加密货币市场的大规模进入以持续不断的速度。

Among these giants deploying their pawns on the chessboard are behemoths like BlackRock, which has already launched several tokenized products, and Franklin Templeton, which is also venturing into this domain.

在这些巨头在棋盘上部署典当的巨人中有像贝莱德（Blackrock）这样的庞然大物，该巨兽已经推出了几种令牌化产品，而富兰克林·邓普顿（Franklin Templeton）也正在冒险进入该领域。

This influx of institutional actors is forging a new generation of startups developing this technology. Among them is Etherealize, co-founded by former Nomura and UBS banker Vivek Raman.

机构参与者的这种涌入正在建立新一代的初创公司开发这项技术。其中有空灵，由前野村（Nomura）和瑞银银行家Vivek Raman共同创立。

Since January 2025, Raman and his team have been busy rolling up their sleeves to convert financial institutions to use Ethereum.

自2025年1月以来，拉曼和他的团队一直忙于滚动袖子，将金融机构转换为使用以太坊。

“I still call it digital oil, but people are starting to understand it better. We believe that with the evolution of the crypto ecosystem, people will want to hold this asset as a reserve,” he explains.

他解释说：“我仍然称其为数字石油，但人们开始更好地理解它。我们相信，随着加密生态系统的发展，人们将希望将此资产作为储备作为储备。”

This analogy is directly inspired by bitcoin, often called “digital gold,” making Ethereum more accessible to newcomers from Wall Street.

这个类比是受比特币的启发，通常称为“数字黄金”，使华尔街的新移民更容易获得以太坊。

It is an interesting observation. Indeed, several reports highlight a surprising trend: the massive entry of institutional players into the cryptocurrency market is continuing at an unhurried pace.

这是一个有趣的观察。的确，一些报道强调了一个令人惊讶的趋势：机构参与者进入加密货币市场的大规模进入正在持续的速度。

Among these giants deploying their pawns on the chessboard are behemoths like BlackRock, which has already launched several tokenized products, and Franklin Templeton, which is also venturing into this domain.

在这些巨头在棋盘上部署典当的巨人中有像贝莱德（Blackrock）这样的庞然大物，该巨兽已经推出了几种令牌化产品，而富兰克林·邓普顿（Franklin Templeton）也正在冒险进入该领域。

This influx of institutional actors is forging a new generation of startups developing this technology. Among them is Etherealize, co-founded by former Nomura and UBS banker Vivek Raman.

机构参与者的这种涌入正在建立新一代的初创公司开发这项技术。其中有空灵，由前野村（Nomura）和瑞银银行家Vivek Raman共同创立。

Since January 2025, Raman and his team have been busy rolling up their sleeves to convert financial institutions to use Ethereum.

自2025年1月以来，拉曼和他的团队一直忙于滚动袖子，将金融机构转换为使用以太坊。

“I still call it digital oil, but people are starting to understand it better. We believe that with the evolution of the crypto ecosystem, people will want to hold this asset as a reserve,” he explains.

他解释说：“我仍然称其为数字石油，但人们开始更好地理解它。我们相信，随着加密生态系统的发展，人们将希望将此资产作为储备作为储备。”

This analogy is directly inspired by bitcoin, often called “digital gold,” making Ethereum more accessible to newcomers from Wall Street.

这个类比是受比特币的启发，通常称为“数字黄金”，使华尔街的新移民更容易获得以太坊。

The 'digital oil' analogy: attractive but imperfect

“数字油”类比：有吸引力但不完美

The idea is simple: just as oil fuels the global industry, ETH fuels the blockchain network. It serves as fuel for all transactions and smart contracts.

这个想法很简单：就像石油燃烧全球行业一样，ETH也为区块链网络燃料。它充当所有交易和智能合约的燃料。

However, fundamental differences emerge. Unlike oil, whose supply remains elastic according to demand, Ethereum has a maximum issuance of 1.5% per year.

但是，出现了根本差异。与石油根据需求保持弹性的石油不同，以太坊的发行最高每年发行1.5％。

“Rather than a fixed total supply cap, there is a fixed annual issuance cap,” clarifies Danny Ryan, co-founder of Etherealize and former researcher at the Ethereum Foundation. This predictability reassures institutional investors used to assets with clear rules.

“没有固定的总供应上限，而是固定的年度发行​​上限，” Etherealize的联合创始人，以太坊基金会的前研究员丹尼·瑞安（Danny Ryan）澄清说。这种可预测性使机构投资者用于具有明确规则的资产。

The most striking advantage of Ethereum lies in its ability to generate income. Unlike oil stored in reserves, ETH “staked” on the network currently yields 3% per year. This passive income naturally attracts institutions seeking regular returns.

以太坊最惊人的优势在于它产生收入的能力。与存储在储量中的石油不同，该网络上的ETH“储存”目前每年产生3％。这种被动收入自然会吸引寻求定期回报的机构。

Ethereum, future reference asset of tokenized finance

以太坊，令牌融资的未来参考资产

The real revolution of Ethereum lies in the tokenization of traditional assets. BlackRock and Franklin Templeton have already taken the step by tokenizing several of their funds on this blockchain. This institutional adoption is expected to accelerate under Donald Trump, known to be favorable to cryptocurrencies.

以太坊的真正革命在于传统资产的令牌化。贝莱德（Blackrock）和富兰克林·邓普顿（Franklin Templeton）已经通过将其几支资金用于该区块链，已经迈出了一步。预计在唐纳德·特朗普（Donald Trump）的领导下，这种机构采用有望加速，这有利于加密货币。

Admittedly, competitors like Solana are nibbling away market share. Kraken has even chosen this blockchain for some of its offerings. But Ethereum maintains a lead thanks to its maturity and proven security.

诚然，像Solana这样的竞争对手正在ni缩市场份额。 Kraken甚至为其一些产品选择了这个区块链。但是以太坊由于其成熟度和可靠的安全性而保持了领先。

Raman goes further in his vision. “In this ecosystem where all global assets are tokenized, the only neutral and global asset that connects all these assets is ETH,” he asserts. This perspective turns Ethereum into the backbone of the digital financial system.

拉曼在他的视野中走得更远。他断言：“在所有全球资产都被标记化的生态系统中，连接所有这些资产的唯一中性和全球资产是ETH。”这种观点将以太坊变成了数字金融系统的骨干。

Concretely, ETH would serve as a universal exchange currency between different tokenized assets. Stocks, bonds, commodities: all these traditional assets could be traded via Ethereum. This interconnection would create a truly global digital economy.

具体而言，ETH将作为不同令牌资产之间的普遍兑换货币。股票，债券，商品：所有这些传统资产都可以通过以太坊进行交易。这种互连将创造真正的全球数字经济。

This vision aligns with the increasing interest of institutional players in cryptocurrencies, a trend observed throughout the year.

这种愿景与机构参与者对加密货币的兴趣越来越吻合，这一趋势全年都观察到。

Earlier, in August, researchers at the University of Cambridge revealed that a third of the world’s largest companies had invested in or experimented with cryptocurrencies, highlighting the growing enthusiasm of these giants for the industry.

早些时候，八月份的剑桥大学研究人员透露，世界上最大的一家公司中有三分之一的公司投资或尝试了加密货币，强调了这些巨头对该行业的热情日益增长。

Moreover, the arrival of Donald Trump on the political scene could further accelerate this adoption. Known for his pro-cryptocurrency stance, he is likely to encourage the development of the sector.

此外，唐纳德·特朗普（Donald Trump）在政治舞台上的到来可能会进一步加速这种采用。他以他的支持货币立场而闻名，他可能会鼓励该行业的发展。

Finally, the “digital oil” analogy makes complete sense. Just as oil revolutionized industry in the 20th century, Ethereum could well transform 21st-century finance.

最后，“数字油”类比完全有意义。正如石油在20世纪革命性的行业一样，以太坊也可以很好地改变21世纪的金融。

Experts anticipate that tokenization of stocks will surpass $1 trillion in the medium term. Wall Street is gradually discovering this infrastructure, which will likely become the backbone of tokenized finance.

专家预计，在中期，股票的令牌化将超过1万亿美元。华尔街正在逐渐发现这种基础设施，该基础设施可能会成为令牌融资的骨干。