Giorgio Zinetti is stepping down from his role as Technical Director of the Cardano Foundation after 2.5 years with the company.
On Monday, Zinetti announced on platform X that he would be leaving the organization on August 31 and plans to begin a new adventure at the end of September.
After 2.5 years, I will step down as Technical Director of the Cardano Foundation at the end of August.
— Giorgio Zinetti (@giozzi) August 10, 2026
Time has flown. I am proud of what we have built, but even more grateful for the people I've had the chance to work with along the way.
First, a few weeks of vacation to celebrate our daughter ❤️
And then a new...
He joined the Cardano Foundation in 2024, where he served as the technical lead for expanding the Foundation's projects and products, with a particular focus on scaling corporate adoption.
The Foundation confirmed Zinetti's departure in a separate post on X.
A replacement has not yet been appointed, and the company has not yet clarified how the duties of the Technical Director will be carried out after Zinetti's departure by the end of the month.
However, the post noted that the Board of Directors and the executive team will continue to work closely with senior technical staff and business development personnel to sustain the adoption of this technology in the corporate environment.
"In line with our current roadmap, the Foundation's Board of Directors and executive team continue to work closely with our technical experts and senior business development leaders to focus on product adoption in the corporate environment," the Cardano Foundation wrote precisely on X.
Emurgo Steps Down from Managing Cardano
The Swiss-based Cardano Foundation is a non-profit organization tasked with promoting Cardano.
It's worth noting that Cardano is also supported by two other separate organizations: Input Output Global (IOG) and Emurgo. All three companies work together on the governance and development of the Cardano blockchain.
IOG is the engineering and research arm of Cardano, led by Charles Hoskinson, while Emurgo is the commercial arm.
However, in July, Emurgo announced its departure from the Cardano entity. This decision followed the hack of its SecondFi wallet, which led to a loss of 2.4 million $ADA, as reported by Cryptopolitan.
Cardano currently ranks 29th among the largest blockchains by total value locked (TVL). According to DeFiLlama data, it accounts for $69.62 million in DeFi TVL across 69 protocols.
At the time of writing, the native token $ADA was trading at $0.1961, with a market capitalization of $7.16 billion.
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