Reserve Treasury

It is reported that the Fantom Foundation said on Twitter that the reserve treasury of the Fantom Foundation has no direct contact with any American institutions, nor does it manage or handle any third-party funds. Fantom Foundation: The reserve treasury has no direct contact with any American institution Analysis based on this information:The world is rapidly moving towards decentralization, and cryptocurrencies like Fantom are at the forefront of this revolution. The Fantom Foundation is a blockchain platform that is aimed at providing infrastructure for decentralized finance (DeFi) and enabling people to create their own applications on the platform. With its impressive capabilities, the Fantom Foundation has been making headlines lately, especially with the announcement of its new upgrade, Go-Opera. However, as with any blockchain-based platforms, security and transparency are crucial for the success of the platform. Thus, it is essential to know who manages the funds of Fantom if the platform is to gain trust from its users. Recently, the…