Ethereum deploys nearly $500M to ecosystem projects in 2022–2023: Report

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

The Ethereum Foundation reported nearly $500 million was deployed to support ecosystem projects between 2022 and 2023, according to its 2024 annual report.

The foundation’s report revealed that entities across the Ethereum ecosystem spent over $497 million to fund projects, with $240.3 million, or roughly 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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