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Bitwise Onchain Solutions to Build Open Source Staking Software for Ethereum Foundation Treasury Program

Bitwise Asset Management said its Bitwise Onchain Solutions unit will build and maintain software to support the Ethereum Foundation's treasury staking program, PRNewswire reported. The Foundation previously disclosed plans to stake part of its treasury, starting with an initial 2,016 ETH deposit and targeting around 70,000 ETH in total using professional-grade open source tools Dirk and Vouch. The amount is valued at more than $140 million at current prices.
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