The Cardano Foundation has announced its 2023 financial report, dividing its spending into three main areas: adoption, education, and operational resilience. 💸 The foundation spent $23.77 million in total, investing the most in adoption. It established the Cardano Academy for education, while ensuring over 2,000 days of uninterrupted network operation for operational resilience.

At the end of 2023, the foundation’s asset value reached $478.24 million. “Disclosing the allocation of our resources is important to developing Cardano as a digital public service,” said CEO Frederik Gregaard. 🤓

How do you think these expenses will affect Cardano? Let’s meet in the comments! 👇