Tezos Grants $37 Million to Ecosystem DevelopersThe Tezos Foundation released its second Biannual Report, detailing the group’s progress in Q3 and Q4 of 2019. Published on March 19, the report reveals that the foundation owns $635 million in assets — much more than the $232 million raised in its infamous initial coin offering.
When asked how the foundation was able to achieve such a warchest, the company’s CFO, Roman Schnider, revealed to Cointelegraph that the project benefited from positive crypto market dynamics. He said:
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Source: Cryptocurrency - investing.com
