Peter Thiel’s Founders Fund invests in Ethereum-based projects like ETHZilla and Bitmine, betting on Ethereum’s potential for Real World Asset settlements, though some critics question the strategy.
Billionaire investor Peter Thiel’s Founders Fund is heavily investing in Ethereum-related assets, including ETHZilla and Bitmine, with a belief that Ethereum will become the go-to platform for Real World Assets (RWA) settlements. Thiel sees Ethereum’s native token, Ether, benefiting from the network’s increased usage. Some analysts, like Nicolai Søndergaard of Nansen, caution that the strategy may be more of a marketing move than a fundamental shift in financial systems.