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Benzinga
Benzinga
Business
Samyuktha Sriram

Ethereum Foundation Holds $1.6B In Its Treasury: Here's Where It Spends Its Money

Ereum Foundation Foundation

The Ethereum Foundation, the entity behind Ethereum’s (CRYPTO: ETH) development, has revealed it holds $1.6 billion in its treasury.

What Happened: In its 2022 annual report published on Monday, the Ethereum Foundation said that as of March 31, 2022, the treasury was split between $1.3 billion in cryptocurrency and $300 million in other digital assets.

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