Thirty-five leading financial and technology firms, such as BlackRock, JPMorgan, and Fidelity, have recently launched products and services on the Ethereum blockchain. This development marks a significant shift towards the tokenization of real-world assets (RWAs) by mainstream institutions, positioning Ethereum as a key settlement layer in global finance. These initiatives include tokenized stocks, money market funds, stablecoins, and bank deposits, highlighting Ethereum's expanding role beyond speculative trading. Notable launches include Kraken's xStocks, allowing on-chain movement of U.S. equities, and Ondo Finance's platform for over 100 tokenized U.S. stocks and ETFs. Fidelity introduced a tokenized money market fund, while JPMorgan transitioned its JPM Coin to Ethereum's Layer 2 and launched a tokenized money market fund. Payment firms like Stripe and SoFi have also embraced Ethereum for stablecoin transactions. Despite this growth, Ethereum co-founder Vitalik Buterin has cautioned against increasing protocol complexity, emphasizing the need for simplicity to maintain security and self-sovereignty.