Ethereum Foundation nearly reaches 70,000 staked ETH goal

Ethereum Foundation nearly reaches 70,000 staked ETH goal

The non-profit foundation has staked 69,500 ETH, nearly reaching the goal it unveiled at the end of February, less than two months ago.

The Ethereum Foundation (EF), the non-profit organization that steers development of the Ethereum ecosystem, staked over 45,000 Ether (ETH) on Friday, bringing the total amount staked to about 69,500 ETH, less than 500 coins shy of the Foundation’s 70,000 goal.

The EF staked the coins in a series of transactions, each consisting of 2,047 ETH, with the total amount staked on Friday valued at over $92.2 million, according to data from Arkham Intelligence.

The EF began staking ETH in February as part of its revamped treasury strategy policy announced in June 2025 and will use the yield generated to fund protocol research, development and ecosystem grants. The EF said in its updated treasury policy:

Read more

Go to Source
Author: Vince Quill

Leave a Reply

Your email address will not be published. Required fields are marked *

© 2021 – 2026 Cryptodebot.com All rights reserved. Powered by suttertek

Please enter CoinGecko Free Api Key to get this plugin works.