Ethereum Foundation Expands On-Chain Treasury Management with Morpho Allocations

The Ethereum Foundation has made a notable move in its treasury strategy by allocating 3,400 ETH to Morpho Vaults. This decision marks the latest step in the foundation's transition towards on-chain management of its assets.

This development follows previous allocations to DeFi platforms, which reflect the growing recognition of decentralized finance tools among major crypto institutions. The Ethereum Foundation has been gradually shifting away from selling large ETH positions for fiat and instead leveraging on-chain protocols to generate yield and support operations.