Cardano Foundation Reveals $659 Million Treasury In ADA, BTC And Fiat

Key Points

1. The Cardano Foundation's treasury is valued at $659.1 million, with 76.7% in ADA, 15.0% in BTC, and 8.3% in cash and financial assets.

2. In 2024, the Foundation spent $29.2 million, with $22.1 million allocated to education and $7.1 million to legal, governance, and finance.

3. Adoption initiatives received $15 million, funding projects like a NASA tracking tool and partnerships with organizations such as Barcelona FC and the UN Development Programme.

4. Operational resilience efforts cost $3.8 million, including the launch of the open-source Cardano.org stack and network-congestion monitors.

5. The Foundation migrated its 2024 general ledger to Reeve, a blockchain-based reporting tool, enhancing transparency and auditability.