Cardano Foundation Publishes Audited Financials On-Chain
The Swiss nonprofit has placed its 2025 financial statements on the Cardano blockchain with an attestation from Grant Thornton.
Updated on Nov. 4, 2026 in Philanthropy
The Cardano Foundation has put its 2025 financial statements on-chain, carrying an attestation from Grant Thornton. The move marks the first time an independent auditor's attestation has been included in the Foundation's on-chain reporting.
Why it matters
Publishing audited financials on a blockchain gives stakeholders a cryptographic record of the organization's financial position alongside traditional audit practice. It signals a possible model for other organizations seeking verifiable financial transparency.
The 2025 statements carry a Grant Thornton attestation, and this is the first such independent attestation included in the Foundation's on-chain reporting. The extraction does not disclose specific revenue, expense, or asset figures.
The players
Cardano Foundation
The Cardano Foundation is a Swiss nonprofit that supports the Cardano blockchain and published its audited 2025 financial statements on-chain.
Grant Thornton
Grant Thornton is a global audit and advisory firm that provided the independent attestation on the Foundation's 2025 financial statements.
The details
The Cardano Foundation, a Swiss nonprofit that supports the Cardano blockchain, published its 2025 financial statements on-chain, combining traditional audit practice with blockchain technology. The Foundation is not involved in token issuance or public trading.
Timeline
• 2025: Financial year covered by the on-chain statements.
• November 4, 2026: The Foundation announced the on-chain 2025 financials via social media.
Philanthropy Landscape
The Cardano Foundation's on-chain attestation extends the Cardano blockchain beyond network activity into the governance of the Foundation that supports it. Its move is an early test of whether blockchain-recorded audits can complement the traditional nonprofit reporting model.
For readers who donate to or follow nonprofits, on-chain financial reporting offers a way to verify an organization's disclosed finances directly. The Cardano Foundation's approach shows one practical option for checking reported figures against an independent audit.
The takeaway
Independent attestation plus on-chain publication gives a verifiable trail for nonprofit financials. Readers evaluating any organization can look for audit attestations and check where reports are published.
Further reading
Explore more on Philanthropy to see how nonprofits report and steward their funds.
Source note: This article includes information reported by Crypto Briefing.
