Vitalik Buterin, Ethereum Co-Founder, Does Not Want to Invest in L2 Projects

Vitalik Buterin, the co-founder of Ethereum, clarified that he will no longer invest in Layer-2 projects. Instead, proceeds from selling Ether (ETH) will be donated to support public goods within the Ethereum ecosystem and other charitable causes. This decision follows recent questions regarding his crypto investments.
In a message shared on X, Buterin said,
“All proceeds will be donated, again either to support public goods within the Ethereum ecosystem or broader charity.”