Today we're launching EthSystems.
We build confidential systems for institutional Ethereum.
Institutions want to use Ethereum, but one of the biggest problems is the lack of built-in, modular privacy tools.
We were the Ethereum Foundation's Institutional Privacy Task Force (IPTF) for the past year. We had hundreds of conversations with central banks, regulators, tier-one banks, and asset managers, shipping open source work the whole time.
Wall Street has found crypto as an asset class, but not yet as commercial infrastructure. Institutions want to run real flows on Ethereum: stablecoins, tokenized assets, settlement. These are businesses with billions of dollars on the line, and no bank will operate in full public view. On a public ledger, confidentiality is the hard part: each party to a transaction should see what it has a right to see, and nothing more.
We have a year of proof of work: private bonds, confidential stablecoin transfers, private settlement across chains, the Ethereum Privacy Map, and more. All with protocol specs and security properties, at our website.
We've spent a decade working on privacy in crypto. We know there's no silver bullet. Different use cases need different systems, each designed, specified, and hardened properly, and someone has to do that work. That's why EthSystems exists.
We're an independent, for-profit company, backed by long-term Ethereum-aligned investors. This is a decade-long transition, and we aren't going anywhere.
If you're an institution that wants to build on Ethereum, talk to us. We're hiring: BD in New York, protocol engineers, ops: join@ethsystems.org
We build confidential systems for institutional Ethereum.
Institutions want to use Ethereum, but one of the biggest problems is the lack of built-in, modular privacy tools.
We were the Ethereum Foundation's Institutional Privacy Task Force (IPTF) for the past year. We had hundreds of conversations with central banks, regulators, tier-one banks, and asset managers, shipping open source work the whole time.
Wall Street has found crypto as an asset class, but not yet as commercial infrastructure. Institutions want to run real flows on Ethereum: stablecoins, tokenized assets, settlement. These are businesses with billions of dollars on the line, and no bank will operate in full public view. On a public ledger, confidentiality is the hard part: each party to a transaction should see what it has a right to see, and nothing more.
We have a year of proof of work: private bonds, confidential stablecoin transfers, private settlement across chains, the Ethereum Privacy Map, and more. All with protocol specs and security properties, at our website.
We've spent a decade working on privacy in crypto. We know there's no silver bullet. Different use cases need different systems, each designed, specified, and hardened properly, and someone has to do that work. That's why EthSystems exists.
We're an independent, for-profit company, backed by long-term Ethereum-aligned investors. This is a decade-long transition, and we aren't going anywhere.
If you're an institution that wants to build on Ethereum, talk to us. We're hiring: BD in New York, protocol engineers, ops: join@ethsystems.org
Why a for-profit company? Commercial engagements need a commercial counterparty. The model is simple: we continue the work we've been doing, only now we charge for it.
We believe censorship resistance, open source, privacy, and security matter for institutions too. Our approach is pluralist: pragmatic about real-world constraints, principled about the properties worth preserving.
We're complementary to the other spin-outs, with a focus on depth over breadth and technical execution. We left the EF on good terms and will keep collaborating. We'll also continue to do public good work like open source, protocol specifications, mapping the ecosystem, write-ups, and community engagement.
Our mission: help institutions build confidential systems on public Ethereum without giving up what makes Ethereum worth using.
We are backed by @BitMNR @Sharplink @ethereumjoseph @snzholding and a handful of other investors.
If this future is exciting to you, come join us, as a contributor or as a customer.
We believe censorship resistance, open source, privacy, and security matter for institutions too. Our approach is pluralist: pragmatic about real-world constraints, principled about the properties worth preserving.
We're complementary to the other spin-outs, with a focus on depth over breadth and technical execution. We left the EF on good terms and will keep collaborating. We'll also continue to do public good work like open source, protocol specifications, mapping the ecosystem, write-ups, and community engagement.
Our mission: help institutions build confidential systems on public Ethereum without giving up what makes Ethereum worth using.
We are backed by @BitMNR @Sharplink @ethereumjoseph @snzholding and a handful of other investors.
If this future is exciting to you, come join us, as a contributor or as a customer.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
