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    Home»Ethereum»12 companies store Ethereum worth about $700 million
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    Ethereum

    12 companies store Ethereum worth about $700 million

    AdministratorBy Administrator11.04.2022No Comments2 Mins Read
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    According to the list of bitcoin holdings, exchange-traded funds, countries, public companies and private firms hold 1,559,047 bitcoins (BTC) worth about $66 billion. Ethereum (ETH) is the second most popular crypto asset held by funds and companies.

    Venture fund Three Arrows Capital purchased 31,345 Ether last Thursday. On the same day, Three Arrows Capital co-founder Su Zhu said he remains optimistic about investing in cryptocurrencies.

    12 companies store Ethereum worth about 700 million

    The cryptotreasuries.org portal shows that 12 different funds and companies own 212,875 ether worth about $700 million. The largest owner on this list is Galaxy Digital Holdings with 98,892 ETH. This means Galaxy Digital Holdings manages 46.45% of the 212,875 Ethers across 12 entities.

    The second largest coin holder is Ether Capital Corporation with 43,512 Ether, representing 20.44% of the total number of altcoins listed on cryptotreasuries.org. In addition, the ranking includes Coinbase Global (31,787 Ether), Meitu (15,000 Ether) and Hive Blockchain (13,331 Ether).

    ethtreasuries.pory.app also provides another list of “undisclosed” ETH holdings, which lists several different holders.

    These include M31 Capital, Gerber Kawasaki Investment Management, Arca Labs, Heat Capital and FD7 Ventures, as well as Three Arrows Capital and Grayscale Ethereum Trust, both of which hold tens of thousands of Ether.




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