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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.

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)