Abstract: In various embodiments of a method and system for utilizing native Ethernet as a virtual memory interconnect, a first networking device may be operable to transcode a memory read command and/or a memory write command to memory access information and encapsulate the memory access information within in one or more fields of an Ethernet frame. The memory access information may be communicated over an Ethernet link to a second networking device where it may be utilized to access memory that is associated with the memory read command and/or the memory write command. For example, the memory access information may indicate an address of the memory to be accessed, whether a read operation and/or a write operation is to be performed, whether the frame comprises data to be written to the memory, and/or whether a locally administered address space is utilized.