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So What if the Ethereum Foundation Holds Fiat?

The Ethereum Foundation disclosed in an annual report that nearly 20% of its treasury is made up of non-crypto investments.

By Sam Kessler, Sage D. Young
Updated May 11, 2023, 4:36 p.m. Published Apr 27, 2022, 11:30 a.m.
View of an unspecified wall decorated with an oversized, rainbow-colored dollar bill in Manhattan's Lower East Side neighborhood, New York, New York, February 1988. (Photo by Susan Wood/Getty Images)
View of an unspecified wall decorated with an oversized, rainbow-colored dollar bill in Manhattan's Lower East Side neighborhood, New York, New York, February 1988. (Photo by Susan Wood/Getty Images)