Catalyst Transfer Complete
◆ Description
Project Catalyst completes stewardship transfer to the Cardano Foundation, executing a treasury donation of 19,498,234 ADA and cancelling the Fund16 & RPGF smart contract to return 21,000,000 ADA to the Cardano Treasury.
◆ Why it matters
Cardano's Project Catalyst treasury is formally handed to the Cardano Foundation, with 19.5M ADA donated and 21M ADA returned to the Treasury from a cancelled Fund16/RPGF contract. The move consolidates Catalyst under Foundation stewardship and increases the Treasury's uncommitted reserve, shifting governance control and tightening the path for future ecosystem allocations. It is a firm, specific execution of a previously signaled transition rather than a new value driver for ADA.
◆ Linked coin (1)
◆ Proof
- Source
- x.com
- Added to CoinMarketCal
- 02 Jul 2026
- Last updated
- 02 Jul 2026
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