BitMEX CEO: Ether Merger in Line with ESG, Institutions Will Flood Back into Ether

Sept 29,2022
KingData News: BitMEX CEO Alexander Höptner is convinced that institutions will start piling back into Ethereum now that it has switched to proof-of-stake and satisfies the Environmental, Social and Governance (ESG) concerns. “Ethereum is the ideal protocol to build stuff on,” he commented before adding “this is the ideal public event to build financial products for ESG conformity,” in reference to the recently deployed Merge. At the moment, ESG conformity is paramount, he said, adding that institutions “can offer products that are really for a wide audience once again while checking one of the boxes that they have for their compliance.”
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