Ethereum Foundation Holds Nearly 3% of All ETH: Report

The Ethereum Foundation treasury has $1.3 billion in Ethereum, $300 million in non-crypto investments, and another $11 million in other cryptocurrencies, according to a 2021 financial report released today.

As of March 31, 2022, the foundation’s Ethereum holdings amounted to nearly 3% of the entire ETH supply. 

The foundation regularly announces grant spending and donations on its blog, but this is the first time it has published an annual financial report.

As the network matures, the…


Source link

About bitcoin

Check Also

Finder’s Ethereum Price Predictions Report

Finder’s Ethereum Price Predictions Report

Ether (ETH) could break US$2,400 in 2023, before ending the year at $2,184 …

Leave a Reply

Your email address will not be published. Required fields are marked *