---
title: "Cardano Foundation cancels 2026 summit after treasury funding vote falls just short"
url: https://thecoingazette.com/cardano-foundation-cancels-2026-summit-after-treasury-funding-vote-falls-just-short/
date: 2026-05-31
modified: 2026-05-31
lang: en
author: "Coin Gazette Editorial"
description: "The measure needed two-thirds support but got only 65%, even after late endorsements from Cardano's founder and the Foundation CEO."
categories:
  - "Crypto News"
tags:
  - "cardano"
  - "cardano foundation"
  - "ceo"
  - "Crypto Ecosystems"
  - "Layer 1s"
  - "support"
  - "token2049"
  - "treasury"
word_count: 20
---

# Cardano Foundation cancels 2026 summit after treasury funding vote falls just short

The measure needed two-thirds support but got only 65%, even after late endorsements from Cardano's founder and the Foundation CEO.