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Cardano developer cuts 2026 funding by 50%, focusing on Bitcoin DeFi infrastructure
Input Output Global (IOG), the organization behind Cardano’s (ADA) development, has released its 2026 treasury funding portfolio, which is down nearly 50% to $46.8 million from last year’s $97.5 million. The funding portfolio supports up to ten proposals that address the Cardano ecosystem’s most critical needs in 2026. As stated in the press release, the proposals range from “the Leios consensus upgrade, targeting a 10–65x increase in L1 throughput, to Pogun, an end-to-end Bitcoin DeFi engine bringing a non-margin credit market, yield infrastructure, and a trust-minimized BTC bridge to Cardano.” The ... (full story)
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