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Cardano Founder Warns: 'I’ll Retire If This Fails'

Summary by Bitcoinist
Charles Hoskinson has delivered his sharpest ultimatum yet to the Cardano community, telling viewers of a June 16 white-board livestream that he will “simply retire” if the network rejects his plan to overhaul its 1.7 billion ADA treasury—now worth about US $1.1 billion at the current spot price of roughly $0.64 per ADA—into an actively managed, multi-asset sovereign wealth fund. Cardano At A Crossroads Hoskinson opened with a stark assessment: …
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Charles Hoskinson confronts critics in the Cardano community with an ultimatum. So aggressively he advocates a new ADA strategy. Source: BTC-ECHO BTC-ECHO

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Cardano Feed broke the news in on Tuesday, June 17, 2025.
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