Inside the Ethereum Foundation Treasure: What Does It Hold?

The Ethereum Foundation has been around for a while and is responsible for funds distributed to projects on the Ethereum network. He has a large amount of ETH in his treasury, among other crypto investments that help fund projects. Recently, the Ethereum Foundation released a report showing which digital assets it owns and their value in dollar terms.

In a recent report, the Ethereum Foundation cited various allocations of cryptocurrencies it owns. In total, he has approximately $1.5 billion worth of assets in his treasury. But even more interesting was the way they were split. As expected, the foundation held more ETH than any other digital, but investments and other non-crypto assets also made up a decent percentage of the treasury.

In total, 80.5% was allocated to ETH alone. This turned out to be worth $1.294 billion at the time of the report’s publication, making up only 0.297% of the total ETH supply. As for other crypto investments, they reached $11 million, accounting for 0.7% of the total treasury amount.

Ethereum published report

Read More: bitcoinist

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Leave a Reply

Your email address will not be published.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