The Cardano Foundation is an independent, Swiss-based not-for-profit organization dedicated to advancing Cardano as a public digital infrastructure across a wide range of industries. Who we are This report is designed for screen use. Click this link to access a compiled list of hyperlinks on our website. Driving the New Era of Cardano Blockchain and Cardano in a changing world Through collaboration with institutions, businesses, regulators, and policymakers, the Foundation takes a fresh approach to problem-solving. This, together with nurturing and advancing the work of current and future generations of developers, enables the Foundation to safeguard the ecosystem’s future and the global adoption of blockchain. 1 Cardano Foundation Activity Report 2025