Bankless · Thursday, August 27, 2026
Mo Jalil and Oskar Thorne have co-founded ETH Systems, a new entity spun out of the Ethereum Foundation, to address the critical need for privacy on the Ethereum network, particularly for institutional adoption. The company aims to bridge the gap between institutions' compliance and business needs and the opportunities presented by public Ethereum.
“Ethereum. Institutions and privacy, which I think is desperately needed for all of crypto and Ethereum included, obviously, for really elevating Ethereum to the next level.”
“So basically that's sort of the missing piece, if you will, in Ethereum land. And that's where we come in.”
“They generally have two things that they really care about. One is their business. And the second is that they're compliant.”