Vitalik Buterin Cuts Own Power at Ethereum Foundation as ETH Sales Slow
Those activities fall outside what the EF intends to fund directly. He noted that nearly 90% of his net worth sits in ETH. The remainder is allocated to open-source biotech, software, and hardware initiatives. The Foundation will provide initial support to organizations stepping into roles it vacates. Specifics on those partnerships were not detailed. The Foundations treasury holdings report showed earlier this year that 99.1% of EF reserves remain in ETH. The transition period is expected to last several months. After that, the new mandate should stabilize into the Foundations long-term form. Meanwhile, the broader Ethereum 2026 vision sits at the heart of that plan. The post Vitalik Buterin Cuts Own Power at Ethereum Foundation as ETH Sales Slow appeared first on BeInCrypto.









