The Ethereum Foundation has begun staking a portion of its treasury to generate rewards, starting with an initial deposit of 2,016 ETH and aiming to stake roughly 70,000 ETH—over $140 million at current prices—by deploying Bitwise’s open-source Dirk and Vouch tools. Bitwise Onchain Solutions, the onchain division of Bitwise Asset Management, is delivering this professional-grade, secure staking infrastructure for the foundation. Dirk serves as a distributed signer that enables cross-jurisdiction operation, ensuring no single point of failure can interrupt validation. Vouch complements this by supporting multiple client pairings, mitigating network-wide client diversity risks and enhancing resilience.
The collaboration places Bitwise at the core of Ethereum Foundation treasury staking, with BOS developing and maintaining the software. Dirk and Vouch were originally built by the Attestant team, which Bitwise acquired in 2024, and are now used to bolster institutional-grade staking for Ethereum’s core ecosystem. “When we first built Dirk and Vouch, our mission was to create the most resilient, secure staking infrastructure for the ecosystem,” said Sreejith Das, Bitwise Head of Onchain Solutions and co-founder of Attestant. “Seeing the Ethereum Foundation adopt these tools for its own treasury is validation of that original vision.”
“We have always believed that the future of finance is onchain, and that infrastructure must be built with technical rigor and open-source principles,” added Bitwise Chief Technology Officer Hong Kim. “To have the Ethereum Foundation—the primary steward of the Ethereum network—select Bitwise’s technology for their own treasury is a watershed moment for our firm and a testament to the quality of our onchain solutions.”
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