Ethereum is not dying down. Like Solana makes progress each day. And the projects continue to build on the Ethereum first and then they take to another blockchains. So the banks and the fund house managers are making funds on the Ethereum. Take example of the BNP Paribas where you would find their funds in Money market category.
They are launching that fund on the Ethereum blockchain. And this means more fintech projects are in the ETH blockchain.
Banks already started building on the Ethereum and most of the banking products on the public L2 are on the Ethereum chains. Some of them are on the Optimism stack some are on the Solana too. So the overall EVM based building is going through some motions. And things are about to build one day at a time.
BNP Paribus building good things like these makes things rather lot more interesting too. Like the fintech world and the investment world would benefit from the funds that are being build around products. So this would become a welcome move too.
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