According to CoinMeta, Etherealize CEO Vivek Raman warns that the obsession of traditional finance with licensed blockchains is a "race to the bottom," which could lead to the resurgence of private, closed blockchains that are fundamentally different from open public networks such as Ethereum and Solana, creating isolated islands that undermine the potential of the technology. Etherealize is committed to attracting traditional financial companies into the Ethereum ecosystem and promoting the development of decentralized finance. Raman believes that an open infrastructure is the only way to achieve maximum interoperability and liquidity.