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Cardano Foundation Reports $659M in Assets With 15% in Bitcoin

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Key Takeaways: Cardano Foundation held $659.1 million in assets at the end of 2024. 76.7% of assets were in ADA, 14.9% in BTC, and 8.3% in cash or equivalents. $22.1M was allocated to ecosystem growth, with $7.1M for internal operations. The Cardano Foundation disclosed its financial allocations and asset composition in its 2024 Financial Insights […]

The post Cardano Foundation Reports $659M in Assets With 15% in Bitcoin appeared first on Cryptonews.

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