INVESTOR
RELATIONS

We remain focused on staking operations that generate yield and building financial infrastructure that supports the Ethereum ecosystem.

Ethereum transitioned from a Proof-of-Work mining consensus to a new form of validation called Proof of Stake on September 15, 2022. This put an end to energy-intensive mining and allows token holders to become validators by locking up their ether as collateral. As a result, validators are rewarded in newly-minted ether for helping secure the network and approving transactions that take place on the blockchain.

Ether is Ethereum’s native crypto asset and the commodity-like fuel used to access the network and secure transactions. Ethereum is the leading smart contract platform and backbone to fascinating innovations like non-fungible tokens (NFTs), decentralized finance (DeFi) and the metaverse.

Our cash and cash equivalents includes fiat currency and units in the Purpose Ether ETF (ETHH).