Former Ethereum researcher Dankrad Feist proposed raising at least $1 billion for a new organization aligned with Ethereum’s economy, according to The Block. Feist said the Ethereum Foundation holds less than 0.1% of ETH and does not have staking or fee income, framing those constraints as part of the rationale for creating a separate entity. The proposal was shared on X, and the source does not provide further details on the organization’s structure, timeline, participants, or funding commitments.