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Galaxy report: Ethereum remains the preferred chain for finance-focused crypto services

According to a report by Christine Kim, vice president of research at Galaxy Digital, more than 50 traditional companies, including financial institutions such as Deutsche Bank and Paypal, as well as brands such as Louis Vuitton and Adidas, are developing cryptocurrency-specific applications on Ethereum and its L2 network, focusing on non-speculative use cases such as RWA tokenization, NFT, Web3 games, and scalable infrastructure. According to the report, Ethereum is leading the way in RWA tokenization, with assets under custody worth almost 10 times that of Stellar. Ethereum remains the preferred chain for finance-focused crypto services, and RWA and stablecoins are expected to expand in 2025.(Bitcoin.com)

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