The Ethereum Foundation has begun staking part of its treasury, marking a significant step in how the organization manages its long-term digital asset holdings.
The move involves deploying validator infrastructure developed by Bitwise Asset Management through its on-chain infrastructure division.
The process is starting gradually. According to early details shared publicly, the Foundation has already made an initial deposit of 2,016 ETH, beginning a broader plan that could eventually see roughly 70,000 ETH placed into staking. At current market estimates, that amount of Ether would represent more than $140 million in value.
News of the initiative circulated widely across the crypto community following social media reports highlighting the development. A post detailing the announcement can be viewed here: