The VeChain Foundation has released its financial report for Q2 2025, revealing a 23.5% decrease in its total treasury value to $167 million as of June 30. This decline from $218 million at the end of Q1 is attributed to strategic investments in protocol upgrades and ecosystem expansion under the "Renaissance" roadmap, as well as market volatility. The treasury includes assets such as stablecoins, BTC, ETH, and VET.