- Cardano founder Charles Hoskinson said he will sell luxury assets, including a Blackhawk helicopter, jets and Lamborghinis, to fund Cardano’s building.
- He said crypto drifted from its original “punk rock of finance” ethos after 2021, and wants builders to refocus during the dip.
Cardano founder Charles Hoskinson said he plans to commit more of his time and personal resources to rebuilding the Cardano ecosystem as the crypto market trades lower. In a recent livestream recorded in Japan, Hoskinson framed the current correction as a period for builders to refocus on the original goals of cryptocurrency, rather than short-term price moves.
Hoskinson recorded the episode during a trip to Japan that included community engagements, consistent with updates about a multi-city tour. He said his renewed attention will be directed toward research, engineering, and product delivery across Cardano and related initiatives.
BREAKING BRONDOR – CHARLES HOSKINSON GOING ALL IN, SELLING EVERYTHING
Blackhawk helicopter? Gone.
Private jet? Mothballed.
Lamborghinis? Selling them all.“I started from nothing… just go all in. Why not?”
Charles is liquidating his entire lifestyle to go maximum… pic.twitter.com/Of6JVWs1x0
— Mr Brondor (@MrBrondorDeFi) February 1, 2026
Meanwhile, CoinMarketCap data put Bitcoin price down 20% in the past year, alongside a 13% decline over the prior 30 days. Cardano’s ADA was cited as down 65% in the past year and 23% over the last month. The pullback has occurred alongside heavy trading activity and sharp swings across large-cap tokens, with sentiment sensitive to macro and liquidity conditions.
Hoskinson said the industry has shifted away from what he described as crypto’s early identity as an outsider movement in finance. He linked that change to the 2021 rally, arguing that growing mainstream attention and participation reduced the sector’s nonconformist culture and altered incentives for projects and communities.
Hoskinson to Sell Luxury Assets to Fund Cardano Rebuilding
During the podcast, Hoskinson said he intends to scale back his lifestyle and redirect funds toward development efforts. He mentioned assets such as his Blackhawk helicopter, private jet, and Lamborghinis as examples of items he would sell while he “goes all in,” based on clips shared from the discussion.
The Cardano founder also said he does not view the sector’s long-term vision as finished, despite the downturn. The current market is a period that can test commitment, especially for teams building infrastructure and applications. Hoskinson said his focus is shifting toward execution and measurable progress in the ecosystem during the correction.
In the same conversation, he joked about selling ADA and NIGHT tokens to artificial intelligence systems and creating new “exit liquidity,” a term used in crypto to describe speculative demand.
Moreover, CNF reported that the Cardano founder said institutional capital stayed concentrated in Bitcoin during 2025, limiting the usual “trickle-down” to altcoins. He also discussed the ADA price outlook alongside plans tied to Midnight’s NIGHT token and efforts around Bitcoin DeFi, while suggesting a stronger 2026 market.
At the time of reporting, ADA traded at $0.2958, up 0.07% in 24 hours, with $1 billion in 24-hour trading volume.
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