Cardano Treasury

Snek Foundation - ₳5M Loan for Cardano's Global Listing Expansion

Snek Foundation - ₳5M Loan for Cardano's Global Listing Expansion : ₳5M paid of ₳5M from Cardano's treasury, through Intersect Treasury Contracts 1, in 1 payments.

Approved by Loan ₳5,000,000 to Expand Cardano's Global Listings.

About the project

The SNEK Global Exchange Expansion initiative will execute a targeted listing strategy, using the requested 5M ADA to: ● Finalize negotiations and secure multiple top-tier listings on centralized exchanges, retail brokers, and innovative DeFi platforms ● Provision liquidity and market making for ADA/SNEK pairs ● Cover legal and compliance costs to meet exchange requirements ● Fund mandatory coordination and announcement campaigns ● Report expenditures and impact transparently to the community

Payments

1. m-0: Milestone 1 — ₳5M, Paid 17 Dec 2025