Bhutan Invests $970,000 in Ethereum 2.0 via Figment, Signaling Growing Institutional Interest

The Bhutanese government recently invested a significant sum of $970,000 into Ethereum 2.0 staking through Figment, an institutional staking provider. This notable move demonstrates growing confidence in the proof-of-stake ecosystem and indicates a potential impact on network security and market dynamics. The action highlights the increasing interest from institutional players in blockchain technology and further strengthens the Ethereum network’s foundation.