• Proton, known for its secure email and productivity services, is transitioning to a nonprofit foundation model, ensuring it remains mission-focused without reliance on external subsidies.
• The Proton Foundation, now the primary shareholder, is located in Switzerland, which mandates that foundations act according to their established purpose, bolstering Proton's commitment to privacy.
• Proton has expanded its offerings to include cloud storage, password management, calendars, and VPN services, all designed with end-to-end encryption and hosted in Switzerland, enhancing its privacy-first approach.

We believe that if we want to bring about large-scale change, Proton can’t be billionaire-subsidized (like Signal), Google-subsidized (like Mozilla), government-subsidized (like Tor), donation-subsidized (like Wikipedia), or even speculation-subsidized (like the plethora of crypto “foundations”)," Proton CEO Andy Yen wrote in a blog post announcing the transition. "Instead, Proton must have a profitable and healthy business at its core."