ENS Governance Votes 70% to Formalize Foundation as Operating Body

ENS community approves proposal to transform Foundation into formal entity with board and staff, gaining control over $65M in assets for institutional compliance.

Woofun AI reports that the Ethereum Name Service (ENS) community has approved a governance proposal to transform the ENS Foundation into a formal operating organization. The measure passed with approximately 70% support, shifting the structure away from its previous DAO-led model. Under the new framework, the Foundation will operate as a fully structured entity featuring full-time executives, permanent staff, and a five-member board. It will also assume administrative control over roughly $65 million in assets. This restructuring aims to provide the legal and operational capacity needed to engage with formal institutional frameworks, such as working directly with ICANN and protecting ENS protocol trademarks. The Foundation argued that a DAO alone lacks the legal standing and operational agility required to represent critical internet infrastructure and manage cross-jurisdictional activities.