Cardano Closes 264 Million ADA Budget Cycle, IOG Takes Lead

Summary: Cardano’s first full‐cycle ecosystem budget has reached its finish line. On August 19, 2025, Intersect—Cardano’s member-based organization that facilitated the process—announced: “Our ecosystem budget and withdrawal process has now reached its conclusion… DReps have approved ₳264m in ecosystem funding.
By Jake Simmons on 2025-08-20 00:00. Aggregated by Coinblockers.