Cardano Names Foundation as Catalyst Manager, ADA Holds $0.24

1 month ago 18

Rommie Analytics

  • The Cardano Foundation will now take over management of Project Catalyst.
  • Funds 10-14 will continue without disruption, while Funds 15-16 allocations are expected to return to the Cardano treasury.
  • The move strengthens governance structure and signals long-term ecosystem maturity.

The official X page of Cardano posted today, April 20, 2026, that the community has voted to let the Cardano Foundation take over managing Project Catalayst. With this development, the main aim here is to keep funding projects.

Moreover, the Foundation will also look at how the Catalyst project works and it will also look over the ongoing projects to keep on getting the needed support without any delays. 

As a DRep, we have voted YES on the “Approve Cardano Foundation as New Managing Entity of Project Catalyst” governance action. ✅

We believe that CF’s appointment as the managing entity of Catalyst will ensure operational continuity for Project Catalyst Funds 10-14 and… pic.twitter.com/kkZhjclMAY

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