[Ethereum Institutional Offers Free Ethereum Consulting for Banks and Asset Management Firms] Odaily Planet Daily reports that Ethereum Institutional, a nonprofit organization founded by several former Ethereum Foundation employees, was launched in 2026. It aims to provide banks and asset management firms with a single point of contact to access the Ethereum ecosystem, covering Ethereum, Layer 2 networks, and their application stacks. Ethereum Institutional was founded by David Walsh, Marius Smith, and Matthew Dawson, and operates independently after being incubated by the Ethereum Foundation. The organization states that it does not charge advisory or consulting fees and adopts a nonprofit structure to avoid bias toward specific vendors or products. Ethereum Institutional noted that it collaborates with Ethlabs, Etherealize, and the Enterprise Ethereum Alliance to address institutional needs and explain Ethereum's value proposition to banks. Ethlabs focuses on translating these needs into technical products.