Monday, May 12, 2025

Ethereum Foundation distributed $32.6M grants to ecosystem in Q1

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The Ethereum Foundation, the nonprofit that helps growth throughout the Ethereum blockchain, distributed $32.6 million in grants in the primary quarter of 2025. 

In an allocation replace, the group reported spending on numerous initiatives by means of its Ecosystem Assist Program (ESP). 

Classes included neighborhood and academic grants, zero-knowledge and cryptography. Different allocations included execution layers, developer expertise and instruments, layer-2 networks and general ecosystem development and help.