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Ethereum Foundation Discloses $970M Assets in 2024 Financial Report

  • The Ethereum Foundation released its 2024 financial report, disclosing assets worth $970.2 million, with $788.7 million in cryptocurrency holdings.
  • 99% of the crypto holdings are in ETH, showcasing a strong commitment to the Ethereum ecosystem.
  • The foundation implemented a conflict of interest policy in 2024 and spent 30.4% ($32.1 million) on layer-1 R&D in 2023.
  • ETH price approached $3,000, experiencing a 16.2% increase in the past week.

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