Ethereum projects have received nearly $25 million in grant money to date

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More than 150 Ethereum projects have received nearly $25 million in total grant money to date.

The Ethereum Foundation is the biggest donor, awarding over $21 million of the total amount, according to a study by The Block’s Steven Zheng. The foundation is followed by the Ethereum Community Fund, Aragon Foundation, ConsenSys and Protocol Labs.

The Ethereum Foundation leads the pack not only in terms of the total dollar value of grants, but also in terms of the number of grants. The foundation has given out a total of 94 grants to date.

Projects that have received the highest amount of grant funding to date are Parity Technologies, Starkware, Prysmatic Labs, L4 Research, and Status. The most funded category is Ethereum scaling initiatives, including  as ETH 2.0 or ETH 1.x.

To read the full analysis and more such data-driven stories, subscribe to The Block Research.

AUTHOR

Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.

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