The Ethereum Foundation's treasury has surpassed 6 million ETH, with a valuation of approximately $24.87 billion. On October 21, 2025, the Foundation transferred over 160,000 ETH to a new multisignature wallet as part of a treasury restructuring strategy. This move, confirmed by researcher Hsiao-Wei Wang, highlights a strategic focus on integrating decentralized finance (DeFi) solutions. The Foundation also deposited 2,400 ETH into Morpho’s vaults, indicating a shift towards using decentralized tools for yield generation and operational funding. These actions could influence DeFi liquidity and total value locked (TVL) in the sector.