Cardano Treasury

Intersect MBO - A member-based organization for the Cardano ecosystem

Intersect MBO - A member-based organization for the Cardano ecosystem: ₳15.8M paid of ₳15.8M from Cardano's treasury, through Intersect Treasury Contracts 1, in 4 payments.

Approved by Withdraw ₳15,750,000 for a MBO for the Cardano ecosystem: Intersect.

About the project

Intersect will: 1. Execute administrator role for proposals funded by Cardano treasury which requested Intersect to act as Administrator 2. Through our members and committees provide support for Cardano’s on-chain governance (for ADA Holders, DReps, SPOs and CC members) 3. Through our members and committees facilitate proposal creation for Cardano Vision, Roadmap, and Budget 4. Steward core infrastructure a) Maintain and govern the open-source Cardano node repositories, including the Haskell codebases b) Coordinate and release upgrades proposed by ecosystem contributors, ensuring safe deployment, roadmap alignment, and stakeholder readiness c) Provide stability and continuity across key engineering practices and upgrade cycles 5. Provide easy participation via elected Committees and open working groups a) Professional Coordination and support for 8 committees and 30+ working groups b) Provide members tooling to participate 6. Support the emergence of new institutions like MBOs or DAOs

Payments

1. m-0 — ₳6.3M, Paid 11 Oct 2025
2. m-1 — ₳4.73M, Paid 9 Jan 2026
3. m-2 — ₳3.15M, Paid 13 May 2026
4. m-3 — ₳1.58M, Paid 1 Sept 2026