The Ethereum Foundation holds $970.2 million in its treasury, according to the newly released report. This includes $788.7 million in crypto and $181.5 million in non-digital asset investments.<\/p>\n
A major 99.45% of the foundation\u2019s crypto holdings are in ETH, which represents 0.26% of the total ether supply as of that date. By prioritizing ETH for the majority of its treasury, the Ethereum Foundation said that it reaffirms its long-term commitment to the second-largest blockchain\u2019s potential.<\/p>\n
The primary purpose of the Ethereum Foundation\u2019s treasury is to fund important public goods for Ethereum\u2019s ecosystem for the long haul. To accomplish this, the non-profit organization maintains a treasury management strategy that safeguards its resources, even in the face of prolonged market slumps.<\/p>\n
This includes periodically liquidating ETH to create financial reserves and boosting fiat savings during bull markets to support expenditures in bear markets, according to its latest report<\/a>.<\/p>\n The Ethereum ecosystem is supported by $22.2 billion secured in treasuries belonging to foundations, organizations, and DAOs in 2024. While the Ethereum Foundation manages 4.4% at $970 million, Optimism leads the ecosystem with 15.8% at $3.5 billion, while Uniswap follows with 14% at $3.1 billion.<\/p>\n Mantle controls 11.3% at $2.5 billion, and Arbitrum holds 8.6% at $1.9 billion of the total treasury. Gnosis maintains 8.1% at $1.8 billion, followed by ENS with 5.4% at $1.2 billion.<\/p>\n Other notable holders include The Graph, Safe, Sky, SuperVerse, Lido, etc. Meanwhile, smaller treasuries include Aave, dYdX, Research Hub, and Stargate Finance among others.<\/p>\n The Ethereum Foundation notes,<\/p>\n \u201cOver the last few years, the Ethereum ecosystem has grown. There are now many organizations and institutions that contribute to Ethereum and push its boundaries forward, including companies, non-profits, DAOs, L2 organizations, and more. Our ecosystem has never been stronger.\u201d<\/p>\n In terms of distribution of funding, the Ethereum ecosystem recorded a total deployment of $457 million during 2022-2023, with the Ethereum Foundation<\/a> alone contributing 48.3% or $240.3 million. The second-largest came from Sky (previously known as MakerDAO) whose contribution stood at 15.3% with $76 million, followed by Optimism at 10.4% or $51.8 million.<\/p>\n Key contributors include Gitcoin with 4.2% or $20.8 million, Decentraland with 2.8% or $13.9 million, and Aragon with 2.4% or $11.8 million. The ecosystem also attracted smaller but significant contributions from several entities.<\/p>\n Prominent DEX Uniswap, for one, poured $10.7 million, while Starknet, MetaMask, and Protocol Guild injected $9.1 million, $4.8 million, and $4.8 million, respectively. The remaining 10.7%, or $53.1 million, was contributed by other organizations in the ecosystem.<\/p>\n The post This Is How Much Crypto the Ethereum Foundation Holds<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The Ethereum Foundation holds $970.2 million in its treasury, according to the newly released report. This includes $788.7 million in crypto and $181.5 million in non-digital asset investments. A major 99.45% of the foundation\u2019s crypto holdings are in ETH, which represents 0.26% of the total ether supply as of that date. By prioritizing ETH for […]<\/p>\n","protected":false},"author":0,"featured_media":18946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-18945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/18945"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18945"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/18945\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/18946"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}EF Leads Ecosystem Funding with Over $240M<\/h2>\n