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Ethereum Foundation Sells 10,000 ETH to Fund Research and Development, Grants, and Donations for the Ethereum ecosystem

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by COINS NEWS 68 Views

Ethereum Foundation Sells 10,000 ETH to Fund Research and Development, Grants, and Donations for the Ethereum ecosystem
  • Ethereum Foundation plans to sell 10,000 ETH ($43 million) over several weeks through multiple smaller orders on centralized exchanges
  • Sale will fund research and development, ecosystem grants, and donations as part of EF’s treasury policy established in June
  • The sale is part of the foundation's ongoing efforts to maintain operational funding, and it represents a more measured approach to treasury management compared to previous significant sales
submitted by /u/CriticalCobraz
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