ETHGas Introduces Institutional Blockspace for Advance Ethereum Reservations With $3 Billion ether.fi Backing

ETHGas is rolling out Institutional Blockspace to enable banks and trading firms to reserve advance transaction capacity on public Ethereum. The service includes compliance features such as validator selection and sanctions screening, backed by roughly $800 million in blockspace commitments and a three-year deal involving approximately $3 billion in ether from ether.fi. However, no major banks have publicly committed or been identified as using the platform yet. Adoption faces hurdles, including an average four-minute wait time with qualified validators representing just 5% of the network and risks surrounding missed inclusion commitments.