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The Ethereum Foundation, the main non-profit organization supporting the Ethereum blockchain, is set to release an updated financial report “soon,” according to a top official who also revealed that the organization's main Ethereum wallet currently holds about $650 million.
Justin Drake, a prominent researcher at the Ethereum Foundation (EF) wrote during a typed ask-me-anything, on an Ethereum subreddit under the handle "bobthesponge1," that the EF spends roughly $100 million per year and currently has roughly a 10-year runway, depending on the price of ether (ETH), the blockchain’s native token.

‌ㅤ ‌ ‌ㅤ ‌ 𝙇𝙞𝙛𝙚 𝙊𝙣 𝙈𝙮 𝙊𝙬𝙣 𝙏𝙚𝙧𝙢𝙨!  