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So What If Ethereum Foundation Holds Fiat?
According to the Ethereum Foundation’s (EF) 2022 annual report, the non-profit organization holds $300 million, nearly 20% of its treasury, in non-crypto investments. “The Hash” group discusses the extensive size of the Ethereum Foundation's treasury, the need for fiat investments given crypto market volatility, and Ethereum's highly anticipated merge to a proof-of-stake consensus mechanism.
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