Bankless · Thursday, August 27, 2026
Oskar Thorne and Mo Jalil of ETH Systems explain that while Ethereum is a strong base layer, it lacks built-in privacy, which is a key requirement for institutions. They believe that cryptographic solutions are necessary for these entities to access Ethereum's deep liquidity and business opportunities while remaining compliant.
“So I would say that Ethereum is great sort of technology and works great as a sort of credibly neutral base layer, but obviously it doesn't have privacy baked in.”
“But you can't get both without cryptography. So for them, they need that in order to basically access the benefits of Ethereum.”