As was officially announced, the Cardano Foundation is going to take over stewardship of Project Catalyst from Input Output Global, which could be one of the biggest changes in the Cardano ecosystem in recent years.
Before, IOG, the protocol’s main development company, was in charge of handing out the grants. Catalyst, Cardano’s on-chain funding engine, has supported over 2,200 projects and currently handles over 500 active grants
How could Catalyst overhaul influence ADA?
During the transition, team members will move to the foundation to maintain continuity through Fund14. Fund15 and Fund16 have been canceled, and the ADA allocated to those rounds will go back to the treasury with Intersect.
HOT Stories
Morning Crypto Report: Mr. XRP Yoshitaka Kitao Predicts 2026 On-Chain Revolution, Bitcoin in ‘Not Digital Gold’ Period: CryptoQuant CEO, Ethereum Foundation to Stake 70,000 ETH
Bitcoin Breaks Below Critical $63,000 Support
From a regulatory perspective, if a single commercial entity has a smaller operational role, it supports the idea that Cardano governance is decentralized instead of being directed by one private company. In jurisdictions examining token classification, the difference between development and ecosystem funding is important.
From a financial perspective, giving back unallocated ADA to the treasury puts a limit on how much of the token will be distributed in the near future through grants. A lot of grantees convert Cardano tokens to fund operations, which adds to the market supply. Pausing two funding rounds changes the internal liquidity cycle.
Finally, strategically, the shift indicates a more strict approach to managing capital. Catalyst has gotten some criticism for supporting a bunch of small projects that do not always have a clear, measurable impact
The foundation has shown that it is okay with a mix of new ideas coming from the ground up and also being used by big companies and organizations. This suggests that they are going to be more picky about who they accept and keep a closer eye on progress.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Circle Expands USDC Payouts to Singapore Partners
Circle launched USDC payout services in Singapore, enabling automated cross-border payments for fintechs and enterprises.
Payouts API reduces manual processes, improves transparency, and supports high-volume stablecoin transactions.
Expansion aligns with regulations, offering compliant in
CryptoFrontNews1h ago
Polymarket Unveils USD Token in Major Platform Upgrade
Polymarket is launching a new collateral token, Polymarket USD, replacing USDC.e to enhance transaction speed and reduce costs amidst regulatory challenges. The upgrade includes the CTF Exchange V2 for improved order matching and anticipates a potential POLY token introduction.
CryptoFrontNews1h ago
Odin Fun releases the 4th update on the attack incident, with eight fixes and accountability efforts moving forward in parallel
Odin Fun co-founder Bob Bodily said that in response to recent attack incidents, the platform is carrying out multiple recovery efforts, including rolling back state, tracking funds, patching vulnerabilities, auditing contracts, and communicating with the community. This incident resulted in large-scale sell-offs and abnormal account withdrawals.
GateNews1h ago
Pi Launchpad 12 Grid testnet launch, pioneer token distribution completed
Pi Network recently launched a token distribution test for the Pi Launchpad. More than 300k users participated, staking 24 million Test-Pi. The core architecture “12 Grid” enables end-to-end token delivery, and all transactions are publicly verifiable. This test confirmed the system’s feasibility and paved the way for a future official launch. The upgrade roadmap includes the PiRC1 framework and Protocol 23, which will be rolled out in April and May, respectively.
MarketWhisper2h ago
Ripple Expands Its Digital Asset Solutions With Its Treasury Management System Launch - U.Today
Ripple has launched a Treasury Management System with integrated digital asset capabilities, enabling CFOs to manage both fiat and digital assets from one platform, enhancing enterprise blockchain adoption amidst rising demand for digital asset solutions.
UToday2h ago
DeFi yield protocol Saturn goes live on the mainnet, with $10 million deposited during the private testing period
The DeFi yield protocol Saturn officially launched on the mainnet on April 9. The private testing phase has ended; during this period, companies such as Flowdesk and Galaxy deposited $10 million. Its stablecoin USDat is built on M0, with partners including Galaxy, Securitize, and Clear Street. Saturn completed a $800k funding round in January.
GateNews3h ago
