Wall Street veterans say the "GENIUS Act" positions ETH at the center of tokenization finance.

According to Gate News bot, CoinDesk reports that while the U.S. Senate is busy passing the GENIUS Act, Vivek Raman, the founder of Ethereum advocacy company Etherealize, is even busier, traveling around Wall Street to explain why Ethereum (ETH) has suddenly become the center of institutional financing.

"This is an amazing job... running from one bank to another, telling buyers what Ethereum tokenization means, how L2 works, and why all funds need to flow through Ether," he said during an interview in the conference break at Brookfield Place in Wall Street.

As the founder of Etherealize, Raman leads the company's efforts to promote ETH as neutral collateral on Wall Street and assists institutions in tokenizing assets and building on Ethereum.

Pump Man stated that the core value proposition of Ethereum, which is its role as the settlement and collateral layer behind stablecoins and tokenized assets, ultimately resonated with institutional investors.

"All actions are driven by Ether," he said. "Ultimately, it will be seen as pure as Bitcoin. It will become a neutral asset for the entire ecosystem."

Mann stated that the turning point lies in the clarity of regulation. "The potential of Ethereum has only now been allowed to flourish," he noted, pointing to the GENIUS Act and the broader policy momentum in the U.S. "For years, we have not known whether it is a security or a commodity."

This is why, despite the attention on the ETH ETF, Raman stated that the real unlocking of Ethereum comes from regulatory clarity, not stock codes.

"ETH ETF signifies that Ether is a commodity, which clears the way, but its implications are still not clear enough," Raman said. "With a clear market structure, the utility of Ethereum can be fully unleashed. Now, ETH permeates every aspect: every transfer of tokenized assets, every transfer of stablecoins, and every construction of Layer 2 is inseparable from ETH."

Although Circle's IPO and the rise of tokenized government bonds have brought new visibility to the industry, Raman stated that savvy investors are looking for more than just equity investments in stablecoin brands.

"Circle may successfully IPO, but Ethereum can bring traffic," he said, "ETH is the guarantee of the entire ecosystem and is the only neutral, uncensorable collateral that can facilitate value transfer among all these tokenized assets."