Cardano Foundation Spent $23.7M in 2023: Financial Insights Report

Cardano Foundation Spent $23.7M in 2023: Financial Insights Report

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Source: Coindesk.com

Cardano Foundation spent $23.7 million across four areas in 2023. As of Dec. 31, 2023, the Cardano Foundation had $478.24 million worth of assets, with 82.5% of that in ADA, 10.1% in BTC and the remainder in USD liquidity. Bitcoin has since increased by 109% whilst ADA has lost 9% of its value.

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The post "Cardano Foundation Spent $23.7M in 2023: Financial Insights Report" appeared first here Coindesk.com.

Source: Coindesk.com

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