Vitalik Buterin · Ethereum · Google · Bitcoin.com News
Vitalik Buterin Publishes 90% of His Net Worth Sits in ETH Amid Foundation Overhaul Readies
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Vitalik Buterin laid out a direct case on Sunday for why the Ethereum Foundation must become a leaner, more opinionated organization focused on the properties that set Ethereum apart.
Key facts
- Buterin said the asset secures $250 billion in value and that nearly 90% of his net worth is held in ETH
- The Ethereum Foundation has begun converting 5,000 ETH into stablecoins to support operations and grants, using Cowswap’s TWAP mechanism
- By comparison, central foundations behind other blockchains typically hold between 10% and 50% of their native supply
- Writing on X, Ethereum co-founder Vitalik Buterin explained that the Ethereum Foundation (EF) is choosing longevity over breadth
Summary
Buterin detailed on May 24, 2026, that the Ethereum Foundation (EF) holds only 0.16% of all ETH, far below rivals. The EF plans to shrink its scope, focusing solely on censorship-resistance, privacy, and open infrastructure for Ethereum. Buterin called for artificial intelligence (AI)-assisted formal verification to make Ethereum provably bug-free within months. Writing on X, Ethereum co-founder Vitalik Buterin explained that the Ethereum Foundation (EF) is choosing longevity over breadth.