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Cardano Foundation Reports: 15% of Assets Held in Bitcoin by End of 2024

2025/07/11 10:38 (Updated 2025/07/11 14:01)
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Written by K.Kobayashi
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Cardano Foundation Reports: 15% of Assets Held in Bitcoin by End of 2024

Cardano Foundation's Financial Report

On the 10th, the Cardano Foundation published its annual financial report for 2024.

As of the end of the year, the Foundation's assets were reported to be approximately $660 million (about 96.3 billion yen). The asset composition included 76.7% in the cryptocurrency ADA, 14.9% in Bitcoin (BTC), and 8.3% in cash, cash equivalents, and financial assets.

This report was published using the Cardano Foundation's financial reporting tool 'Reeve' and was disclosed on-chain. By releasing the report, the Foundation aims to detail its fund allocation and clarify the specific impacts of its focus areas, thereby enhancing transparency, integrity, and community engagement.

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.