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Ethereum deploys nearly 0M to ecosystem projects in 2022–23: Report

Ethereum deploys nearly $500M to ecosystem projects in 2022–23: Report

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Source: Coin Telegraph

The Ethereum Foundation said the ecosystem is supported by more than $22 billion in treasury funds across Ethereum-based projects. 

The Ethereum Foundation reported that almost $500 million was deployed to support ecosystem projects in 2022 and 2023.

The foundation’s 2024 annual report revealed that entities across the Ethereum ecosystem spent $497 million to fund projects, with $240.3 million, or 48.3%, contributed by the Ethereum Foundation itself.

Total funding deployed across the Ethereum ecosystem from 2022 to 2023. Source: Ethereum Foundation

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Author: Ezra Reguerra