2025 has been an unprecedented year for the Cardano Foundation, an independent organization based in Zug, Switzerland, dedicated to advancing Cardano as a public digital infrastructure.
By releasing the 2025 Activity and Financial Insights Report directly on-chain, the Foundation has set a new standard for financial transparency and innovation in the blockchain space, solidifying its leadership position on a global scale.
Financial transparency: an industry model
For the second year in a row, the Cardano Foundation has used the Reeve reporting platform to publish financial data directly on the blockchain. This year, the report achieved a historic milestone. The financial statements were certified on-chain by Grant Thornton in Switzerland, further increasing the reliability and verifiability of the information provided.
The integration of statutory accounting and native verification on the blockchain represents an absolute innovation, providing unprecedented transparency and positioning the Foundation as a model for all institutions operating in the field of decentralized technology.
Startup support: global collaboration
Throughout 2025, the Foundation strengthened its commitment to the startup ecosystem by collaborating with world-class accelerators such as Draper University, Techstars, and CV Labs. These partnerships enable us to support over 70 startups developing innovative solutions on Cardano, contributing to the growth and diversification of the ecosystem.
Innovation: new products and strategic integration
On the technical side, the Cardano Foundation announced the release of Aiken Standard Library v3.0.0, as well as new products such as Reeve and Veridian. Significant integrations with major companies such as Pyth Network, Dune, and Brale have also been announced, expanding the possibilities for using and interacting with the Cardano blockchain.
These developments demonstrate the Foundation’s commitment to keeping Cardano at the forefront in terms of both security and functionality.
Governance and participation: an increasingly engaged ecosystem
Decentralized governance has become a tangible reality in 2025. The Foundation maintained a 100% record in on-chain voting, continued to shape the ecosystem’s governance program, and supported the largest on-chain budget in Cardano history, amounting to Ada 275 million.
This commitment to active user participation and transparency in decision-making serves as a benchmark for the entire industry.
Regulatory leadership: Dialogue with global institutions
The Cardano Foundation has strengthened its role in regulatory leadership by collaborating with prominent regulatory bodies such as the SEC, FCA, European Parliament, and US Congress. These activities aim to contribute to the establishment of a clear regulatory framework that fosters innovation and foster the sustainable growth of blockchain on a global scale.
Global engagement: international events and summits
In 2025, the Foundation organized six community events with 4,283 participants. Cardano Summit 2025 in Berlin was the culmination of this effort, welcoming 1,463 participants from 74 countries. These events strengthened community cohesion and facilitated the dissemination of best practices at the international level.
Financial services innovation: the first tokenized reinsurance fund
One of our most significant achievements this year was working with Memberscap and Archax to launch the world’s first tokenized institutional reinsurance fund aligned with the London Stock Exchange. This initiative opens new possibilities for the use of blockchain in financial services and provides an innovative and transparent solution for the insurance industry.
Financial Overview: Asset Diversification and Responsible Management
As of December 31, 2025, the Cardano Foundation manages assets worth CHF 287.5 million. The portfolio composition reflects a diversification strategy, with 51.6% ADA, 25.5% Bitcoin, and 22.9% liquidity, equivalents, and other financial assets. Throughout the year, CHF 23.6 million was allocated to key areas of implementation, technology and governance, confirming our commitment to sustainable and transparent growth.
Cardano Foundation Mission
The Cardano Foundation reaffirms itself as an independent, non-profit organization committed to advancing Cardano as a public digital infrastructure across a wide range of sectors. The goal is to entrench the Cardano blockchain as a utility in financial and social systems, providing infrastructure tools, strengthening operational resilience, and fostering diverse uses on the platform.
The Foundation is also working to develop strong and representative governance, laying the foundation for a future where blockchain can truly become a pillar of global digital innovation.
Conclusion: A model of transparency and innovation
2025 was a turning point for the Cardano Foundation, successfully combining transparency, innovation, and global participation. Through on-chain publication of financial data, startup support, new product launches, and dialogue with institutions, the Foundation reaffirms its position as a benchmark for the entire blockchain field.
With a clear vision and responsible resource management, the Cardano Foundation continues to lay the foundation for a more open, secure, and inclusive digital future.
