Crypto
Ethereum Foundation begins staking treasury assets, plans to deposit 70,000 ETH
The Ethereum Foundation has started a programme to stake part of its treasury assets under treasury management guidelines announced last year. The foundation made its first deposit of 2,016 ether on Feb. 24 and plans total staking of about 70,000 ether. It will use open-source software Dirk and Vouch developed by Attestant, and will operate custody infrastructure and self-managed hardware across multiple jurisdictions. All staking rewards will go to the foundation’s treasury.