While small in dollar terms, the grant represents an investment in the further decentralization of the Bitcoin ecosystem.
Of the remaining $25 million, $5 million was distributed to create The Bitcoin Endowment.
South Korea-based Calvin Kim works primarily on the bitcoin scaling project Utreexo.
This marks the 26th grant by the Cash App parent-company offshoot.
Square Crypto is issuing another Bitcoin developer grant for research on Bitcoin design and user experience.
Kraken is for the first time funding open-source Ethereum projects.
Grant ranging from $1,000 to $5,000 will be paid out in dollars. Once Stacks 2.0 goes live, the funding switches over to STX.
Marketed as a lightweight blockchain, the Coda Protocol team wants to train node operators ahead of its expected mainnent launch in Q4.
Square Crypto and the Human Rights Foundation are continuing their support for an open source Bitcoin developer community with new contributor grants.
Development grants will be paid in the platform's native token, CFX, in values up to $15,000 and $50,000 for both projects and firms respectively.
The maker of Wasabi Wallet becomes the latest firm to support crypto coders with a 1 BTC donation to the Human Rights Foundation's Bitcoin Development Fund.
OKCoin and BitMEX just sponsored another Bitcoin Core developer, Amiti Uttarwar, who is focused on privacy tech and education.
The project plans to use $2.1 million worth of tokens to incentivize development on its lightweight blockchain.
AVA is already in dialogue with five DeFi projects interested in receiving some of the "many millions" it's making available in grants.
The Algorand Foundation has earmarked 250 million ALGO for a grant program that aims to spur development of the Algorand ecosystem.