Gate News reports that the Cardano Foundation released its 2025 activity and financial report on April 2, showing that its total assets, measured by market value, decreased to 287.5 million Swiss francs (approximately $361 million), a 45% decline from $659 million at the end of 2024. This decline is mainly due to the drop in ADA price rather than significant changes in asset allocation strategies.
By the end of 2025, the foundation held 561 million ADA, slightly less than the 599 million held in 2024; Bitcoin holdings also decreased from 1,054 to 656 coins, with some Bitcoin transferred into loans and collective investment plans to ensure operational continuity during market downturns and avoid forced sales of crypto assets. Meanwhile, cash and financial assets increased from 8.3% a year earlier to 25.5%, reaching $55 million, enough to cover more than a year’s operating expenses.
In terms of expenditures, the foundation allocated $29.7 million across three main areas: technology, marketing, and governance, with technology accounting for 40.3%, marketing 39.6%, and governance 20.1%. Personnel costs decreased by 25% year-over-year, but outsourcing and external service expenses increased significantly. Notably, Grant Thornton Switzerland conducted the first on-chain certification of the foundation’s audit results on the Cardano blockchain, combining traditional Swiss statutory auditing with blockchain verification to enhance transparency.
The report also disclosed the foundation’s first treasury expenditure, with a total budget of 6 million ADA for the Cardano Summit and regional events, including 2.8 million ADA allocated for the flagship event in Berlin. Moving forward, the foundation plans to focus on real-world asset infrastructure, expanding the stablecoin market, and DeFi liquidity, as well as testing on-chain financing models. Cardano founder Charles Hoskinson proposed an independent treasury investment model, supporting projects to purchase ADA on the market and return profits to the treasury, providing an early example of on-chain fund circulation for the foundation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gate Daily (April 17): Musk’s X Money hits a roadblock with New York crypto regulation; Yuga Labs appoints a new CEO
Bitcoin (BTC) is flat at $74,920. A ceasefire between Israel and Lebanon has taken effect, and Trump says Iran agreed not to develop nuclear weapons. Mizuho Bank warns that Musk’s X Money could be affected by New York’s crypto regulation. Yuga Labs replaces its CEO: Greg Solano becomes Chairman of the Board, and Michael Figge takes over. The market is broadly optimistic. A record-high Bitcoin buying wave in the past decade has emerged, suggesting the price may be moving toward $90,000.
MarketWhisper04-17 01:37
Solana and Ripple's 'XRP' Posts Highlight $100M Wrapped XRP Integration
Solana's recent post about "XRP" led to Ripple's reply, influencing XRP's price. This comes amid the launch of wrapped XRP on Solana through Hex Trust and LayerZero, attracting significant liquidity, highlighting an evolving collaboration in the crypto space.
GateNews04-16 11:51
Gate Daily Report (April 16): Tether may have purchased 951 BTC; Virginia enacts crypto property law
Bitcoin continues to rise, reaching $74,630. Tether uses its profits to buy 951 bitcoins. Virginia passes an unclaimed property law, requiring idle cryptocurrency to be transferred to the state government. U.S. stocks are driven by tech stocks, and the S&P 500 index hits a new high. Crypto market dynamics show that investors are paying attention to geopolitical conditions and U.S. monetary policy.
MarketWhisper04-16 01:46
Polygon Launches sPOL to Unlock $3.6B in Staked POL and Boost Staker Rewards
Polygon has launched sPOL, a liquid staking token, enabling greater liquidity for staked POL tokens. Audited for security, sPOL allows stakers to earn rewards while using assets in DeFi, with initial liquidity from the treasury and live pools on Uniswap V4.
GateNews04-15 07:12
XRP Today News: CLARITY Act Pushes Through in May, Standard Chartered Bank Turns Bullish on $8
Ripple CEO Garlinghouse confirmed at the summit that the CLARITY Act’s goal for passage is by the end of May, and said that the controversy surrounding stablecoin yield rates is nearing resolution. If the bill passes, XRP is expected to rise to $5–$10; otherwise, it could fall back to $1.2. The bill’s passage would create a regulatory framework for the digital asset market, clarify XRP’s classification as a commodity, and reduce compliance barriers for institutional investors.
MarketWhisper04-15 02:58