The Tezos Foundation released its second semi-annual report, covering the period from September 2019 to early 2020. According to the report, as of the end of January, the Tezos Foundation held a total of US $ 635 million in assets, of which Bitcoin was the largest proportion, about 47%. In addition, 16% are stable investments (bonds, ETFs, etc.), 23% are Tezos’ native token XTZ, 8% are fiat currencies (97% of which are US dollars), and 6% are other types of investments (equity or Ethereum, etc.) . In comparison, Tezos held total assets of $ 652 million in August last year, and Tezos raised a total of $ 232 million during the ICO stage.