Ethereum emerges as the core blockchain for tokenized real-world assets.

Ethereum’s flexible design and multi-year upgrade plan, including upgrades that improve interoperability, have made Ethereum a popular platform for digital bond issuance. Large institutions such as the European Investment Bank are supporting Ethereum, which is also the blockchain underlying the 10 million euro senior unsecured digital green bond issued by Société Générale, rated by Moody’s 2023. issued bonds. Over time, in Moody’s view, public blockchain networks such as Ethereum and existing infrastructure will become more interconnected, enhancing blockchain use cases and driving industry growth.