Ethereum Foundation's financial report for 2024

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

Nov 8, 2024, 04:12 AM

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.