Pump Foundation Treasury Holds Nearly $2 Billion, Co-Founder Reveals

TLDR: Pump Foundation holds nearly $2 billion in treasury assets, mostly in stablecoins, no SOL held. Baton Corporation develops pump.fun and receives about $100 million yearly for operations. Pump.fun has generated over $1 billion in total revenue since its January 2024 platform launch. With 13.5 million active wallets, pump.fun now drives about 40% of Solana’s [...]

The post Pump Foundation Treasury Holds Nearly $2 Billion, Co-Founder Reveals appeared first on Blockonomi.