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Ethereum Foundation Reveals $970.2M in Assets as of October 31, 2024, with 81.3% in Crypto

The Ethereum Foundation has released its 2024 financial report, revealing it holds $970M
By: DeepNewz
Ethereum Foundation Reveals $970.2M in Assets as of October 31, 2024, with 81.3% in Crypto

The Ethereum Foundation has released its 2024 financial report, revealing it holds $970.2 million in total assets as of October 31, 2024. Of these assets, $788.7 million (81.3%) are in crypto, primarily Ethereum (ETH), which constitutes 0.26% of the total ETH supply.

Additionally, the Foundation has $181.5 million (18.7%) in non-crypto investments. The Ethereum Foundation regularly offloads ETH to maintain its reserve and support future initiatives in the public goods sector.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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