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Cryptocurrency News

Ethereum Foundation treasury expands non-crypto assets to 19%

04/19/2022

Less than a minute

2022.04.19 09:00

The Ethereum Foundation (EF) has released a report detailing how its $1.6 billion treasury consists mostly of Ether (ETH), but with a surprising 18.8% in non-crypto assets.

In total, the EF non-profit organization which manages the funds for Ethereum developments holds about 0.3% of the current total ETH supply, amounting to roughly $1.3 billion which is verifiable on Etherscan. However, its non-crypto holdings account for a sizable $302 million share.

The Ethereum Foundation’s treasury as of April 2022.

Source

04/19/2022

Less than a minute