AlphaGrowth - Cardano PRIME - Treasury Funding, Custody and Program Execution
AlphaGrowth - Cardano PRIME - Treasury Funding, Custody and Program Execution: ₳12M paid of ₳119M from Cardano's treasury, through Intersect Treasury Contracts 2, in 3 payments. The next payment unlocks 29 Aug 2027.
Approved by Withdraw 120,000,000 ada for AlphaGrowth’s Cardano PRIME.
About the project
The Supplier shall implement the approved Cardano PRIME program, including deployment of approved grants and incentives, supported by upfront mobilization funding, establishment of the Operating Group and custody arrangements, and authorised bulk transfers to program working wallets. Program funds shall be applied to the purposes and budget of the approved proposal.
Payments
- m-0: M1.1 Initial mobilization and funding release — ₳12M, Paid 24 Sept 2026
- m-1: M1.2 Operating Group and custody readiness; balance release — ₳107M, Paused, unlocks 30 Sept 2026. Paused: No MAF submitted
- m-2: M1.3 Program Completion — ₳240K, Scheduled, unlocks 29 Aug 2027