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Cardano Foundation Reports No Impact from Industry Risk Events in 2022, Thanks to Holding ADA and BTC

Cointime Official

April 22 (Cointime) - The Cardano Foundation has launched its inaugural Annual Report. The firm says it was not directly affected by industry risk events throughout 2022. The Foundation allocates its assets to robust counterparties and predominantly holds its ADA($322 million) and BTC($19 million) in cold storage solutions. A portion of the assets are held with Swiss crypto custodians and Swiss banks.

Source: https://cardanofoundation.org/pdf/cf-annual-report-2022.pdf

As of December 31, 2022, the Carnado blockchain network has achieved 3.83 million wallets on the network, and 1.25 million delegated wallets. Additionally, there are currently 4,705 Plutus scripts active on the network.

In terms of asset creation, the Carnado network has a total of 7,431,265 assets minted so far, 4,775,817 are native to the Carnado network. 

Source: https://cardanofoundation.org/pdf/cf-annual-report-2022.pdf
Bitcoin Bitcoin $63,462.70
-1.3%
ADA BTC
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