The Cardano Foundation has become the first crypto organization to have its 2025 financial statements independently attested by Grant Thornton Switzerland directly on the Cardano blockchain. The on-chain audit, dated March 25, 2026, uses a platform called Reeve to create a publicly verifiable link between the audit opinion and the published financial data, making tampering immediately detectable. As of December 31, 2025, the Foundation held total assets of CHF 287.5 million (approximately $361 million), with 51.6% in ADA, 25.5% in Bitcoin, and 22.9% in cash equivalents and other financial assets. Total expenditures for the year amounted to CHF 23.6 million across adoption programs, technology development, and governance work. CEO Frederik Gregaard described the initiative as a demonstration of the highest standards of transparency for the crypto ecosystem.
Source: Read the original article
