Ethereum Foundation treasury expands non-crypto assets to 19%
The foundation that oversees and funds developments on the Ethereum network has disclosed its total holdings, which include a sizable fifth in non-crypto assets. 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....
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On Monday, the Ethereum Foundation (EF) published a financial report that shows the foundation currently holds $1.6 billion in its treasury. $1.3 billion of the treasury’s assets are held in cryptocurrencies while the rest of the treasury is composed of non-crypto investments and assets.
Ethereum Foundation Holds $1.294 Billion in Ether
The Ethereum Foundation is a non-profit organization that’s dedicated to fostering growth within the Ethereum ecosystem. The recently published EF April 2022 report explains that there are various ways the EF bolsters the Ethereum....
The Ethereum Foundation has been around for a while and is in charge of funds that get distributed to projects on the Ethereum network. In its treasury, there is a large amount of ETH among other crypto investments that help to fund projects. Recently, the Ethereum Foundation released a report that showed what digital assets […]
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The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022. The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the quarter.VeChain (VET) is a blockchain project designed to enhance supply chain management.. The Foundation’s May 10 financial report for Q1 2022 outlines its balance sheet as of March 31 and how it spent funds through the quarter. Although the treasury opened....