PANews reported on July 24 that Renzo Protocol, a re-staking and yield strategy protocol, has joined the ranks of institutions adopting an Ethereum reserve strategy. Data shows that the protocol currently holds approximately 1,050 ETH, valued at around $3.8 million, ranking 39th among institutions with Ethereum reserve strategies.
This data was confirmed by Renzo's official X account, which added: "Renzo is on the strategicETHreserve.xyz map, and more Ethereum is continuously being injected into the reserve."
