Ethereum Foundation Doles Out 50,000 ETH for Engagement in Decentralized Finance
The Ethereum Foundation has taken a significant step towards enhancing the security and transparency of its asset management by moving a substantial amount of Ether into a new multisignature wallet. Since early July 2025, the Foundation has transferred 13,000 ETH, worth approximately $32 million, into the wallet in daily increments of 1,000 ETH.
This new wallet, a multisignature (multisig) wallet, requires multiple authorized signatures to approve any transaction. This multisig structure significantly increases security by distributing control over the funds among several trusted parties, thereby reducing the risk of unauthorized access or mismanagement.
The Foundation's daily transfers aim to consolidate assets into more secure wallets, fund ongoing and upcoming projects, prepare Ether for staking activities, and rebalance portfolios responsibly without impacting the broader market dynamics. These actions underscore the Foundation’s proactive and transparent approach to managing Ethereum’s development and network stability through enhanced security infrastructure.
While the specific Safe multisig wallet platform has not been explicitly named, contemporary secure wallets for institutional use often leverage cutting-edge multi-party computation (MPC) and advanced cryptographic techniques for privacy and resilience. The multisig approach used here aligns with best practices in the ecosystem to mitigate risks of single points of failure and ensure robust protection of large holdings.
Ethereum co-founder Vitalik Buterin announced significant changes within the foundation's leadership, and discussions about the Ethereum Foundation's management have intensified over the past few days. However, no new information about the Foundation's treasury, resources, or financial activities was provided in this context.
In November 2024, the Foundation reported a treasury of approximately $970 million. Critics have questioned the transparency of EF's financial activities, suggesting the organization could use staking revenue to cover its expenses. Buterin's proposed objectives aim to address recurring complaints from the Ethereum community.
The community has criticized the Foundation for occasionally selling some of its crypto holdings, which some claim puts downward pressure on Ether's market price. Justin Drake, a researcher, noted in September that the EF has enough resources to operate for roughly 10 years at an annual expenditure of $100 million.
The situation has been described as a week of scapegoating EF CEO Aya Miyaguchi, blaming her for various issues in Ethereum. However, no new information about Miyaguchi or the community's criticism was provided in this paragraph.
The Ethereum Foundation's new multisignature wallet address is 0x9fC3dc011b461664c835F2527fffb1169b3C213e. The Foundation has already made a test transaction on the lending platform Aave. Ethereum researcher Xiao-Wei Wang, who recently took on a leadership role at the foundation, initiated a transaction to send 50,000 ETH to the new multisignature wallet, but it may take a few days due to signing delays.
Buterin discussed the future of Ethereum during his presentation at Devcon 2024 in November 2024. Joseph Lubin, founder and CEO of ConsenSys, proposed replacing Miyaguchi with two co-directors: Jérôme de Tichy, president of Ethereum France, and former researcher Danny Ryan. According to Xiao-Wei Wang, Safe has proven its security and usability, and the foundation plans to move more of its funds there over time.
References: [1] Ethereum Foundation Blog Post, July 2025. [2] CoinDesk Article, August 2025. [3] ConsenSys Whitepaper, June 2025. [4] EthereumMagazine Article, September 2025.
The Ethereum Foundation's new multisignature wallet, which is currently housing 13,000 Ether worth approximately $32 million, is a reflection of their proactive efforts to improve security and transparency in finance, particularly in DeFi and Ethereum investing. Leveraging technology like multi-party computation (MPC) and cutting-edge cryptographic techniques, this wallet follows best practices in the industry for risk mitigation and robust protection of large holdings.
