pump fun Co-founded: The foundation's treasury assets are close to $2 billion
2026-08-20 17:35:03
According to CoinMeta, pump and fun, co-founders with Noah Tweedale, stated in an interview with Crypto Insider that the pump Foundation currently holds a treasury of nearly $2 billion. The funds are held by the foundation and are independent of the British development company Baton Corporation, which is responsible for the development of pump and fun. The company receives about $100 million annually to cover development, technical, and other operational costs. The foundation's funds mainly come from initial offerings, fundraising, and platform revenues. The treasury does not allocate SOL; the assets are primarily held in the form of stablecoins or other forms.
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