A closed room for the institutions building on Ethereum.
Senior people from banks, asset managers, market infrastructure and regulators. One day, one room, under the Chatham House rule.
Rooms this team has convened have drawn the institutions that matter.
No fee has ever been charged to an institution to attend one of them.
The founding team’s account of rooms it convened before Ethereum Institutional began keeping its own record.
Securitize
Conferences are built for attendance. The Forum is built for what gets decided.
Every invitation names a person and rests on two things: their seniority and the institution behind them. No delegations, no plus-ones, no press.
Institutional by design.
Board and executive, heads of function, and the people who own a digital-asset workstream. Every person you sit next to runs something.
Invitation only.
Who the room is drawn from
- Banks
- Asset managers
- Market infrastructure
- Payments firms
- Regulators
Board and executive, and whoever owns the digital-asset workstream inside the bank.
The people who decide what a fund can hold, and the ones who would have to operate it.
Custody, settlement and administration, at the level that can change how the thing works.
The people who own a rail rather than the people who sell one.
Invited by name, under the same rule as everyone else in the room.
Six questions the room will work through.
Drawn from a year of conversations with the institutions themselves. Each one is put to the people who can answer it, and the answer is written down.
What each one looks like today is on its card, in the record’s own words.
01
Custody and administration
Can we hold and administer this the way we hold everything else?
Qualified custody, fund administration and in-kind creation are available from named providers under existing mandates.
02
Staking
Can we stake without taking on concentration risk we cannot explain?
Staking access exists and rewards are treated as non-securities. Validator concentration and governance are not settled, and our own evidence here is absent rather than thin: the staking workstream did not complete.
03
Legal classification
Do we know what this instrument is, legally, in every venue we operate?
ETH is a digital commodity in the United States and stablecoin law is in force. Market-structure legislation stalled, and jurisdictions are diverging.
04
Confidentiality
Can we keep a position confidential on a public ledger?
The most consequential open question institutions put to us. Selective-disclosure work is underway across the ecosystem. Nothing is production-settled today, and we would need to see it running in a regulated deployment before we said otherwise.
05
Settlement and exit
Which network do we settle on, and how do we get out?
More than a hundred networks and no neutral selection framework. Our own record shows institutional issuance concentrated on mainnet, with layer twos carrying stablecoin float rather than funds.
06
Counterparty risk
Who is the counterparty when there is no counterparty?
An ownerless system meeting procurement built for vendors. Six organisations can take your first call, and our own unincorporated status is part of this problem, not outside it.
What the day is like.
You are invited into a room, not registered for a hall. Everyone arrives the same way and the room is closed behind them.
A seat names one person and rests on what they run. It does not transfer, and no institution pays for it.
No stage, no vendor pitches, no press at the back. A table, the people at it, and the questions they brought.
The questions the room has not answered are the agenda. What gets settled on the day is written down and published.
In their words.
What was said in the room, repeated with the speaker’s agreement and never attributed to anyone who did not agree to be named.
No quote has been cleared yet. This card is here so its shape can be judged; the words a person said go in this place and nowhere else.
No quote has been cleared yet. This card is here so its shape can be judged; the words a person said go in this place and nowhere else.
No quote has been cleared yet. This card is here so its shape can be judged; the words a person said go in this place and nowhere else.
The shape of the day.
Session titles are published here, dated, once they exist. A change after publication prints as a change, with its date, rather than quietly.
Morning
Arrival
Published once the agenda is fixed
Late morning
Round table
Published once the agenda is fixed
Midday
Lunch
Published once the agenda is fixed
Afternoon
Round table
Published once the agenda is fixed
Late afternoon
Session
Published once the agenda is fixed
Close
Close
Published once the agenda is fixed
The terms of the day.
Four of them, and they hold for everyone in the room including us.
Closed door.
No press, no recording, no stream. The room is the room.
Chatham House rule.
What is said can be used. Who said it never leaves.
Personal seats.
An invitation names one person and does not transfer.
A record, not a recap.
After the day we publish who was in it, how seats were allocated, whether a funder was present, what was said that we can repeat.
Convened by people who have built these rooms before.
Ethereum Institutional is an independent non-profit. Co-hosts are announced here as they confirm, and there will never be more than five.
London, 2026
The venue is named in the invitation.
- Date
- November 2026
- Seats
- By invitation
- Format
- One day
Before you reply.
The rest is in the governance and funding record.
Can I send a colleague in my place?
No. An invitation names one person and does not transfer. If the right person for the room is a colleague, tell us and we will write to them.
Is there a fee?
None. No institution has ever been charged to attend one of these rooms, and nothing is sold on the day.
What does the Chatham House rule mean in practice?
You can use what you hear. You cannot say who said it, and neither can we.
Will I be named afterwards?
No remark is attributed to a person, ever. What we publish after the day is who was in it, how seats were allocated, whether a funder was present and what was said that we can repeat. No attendee list goes to anyone, including a co-host.
How are seats decided?
Seats are offered by invitation on seniority band and entity type. Board and executive, heads of function, and the people who own a digital-asset workstream. No delegations, no plus-ones, no press.
Can my institution sponsor the day?
It can co-host it. A co-host underwrites the day, and that is how the day is paid for; what it buys is the room, not a place in it. A co-host receives its name on this page and on the day, and where agreed one speaking slot placed in the agenda by us. It never receives the invitation list, a say in who is invited, or a sight of the room record before it is published. No seat is for sale at any price, to a co-host or to anyone else. Co-hosts are named here as they confirm and there will never be more than five.
Request an invite.
Seats are offered by invitation. Tell us who you are, what you run and which room, and a named person replies within two business days.
Request an inviteGet the latest from the Forum.
What is published after the room, and the editions as they are fixed.