HBAR Foundation

The HBAR Foundation accelerates the growth of the Hedera network and HBAR economy by funding and supporting ecosystem development, including decentralized applications and initiatives to increase awareness and commerce. It outlines a comprehensive vision and mission to track success in building the Hedera ecosystem, distinguishing itself from related entities like the Hashgraph Association and DLT Science Foundation. The foundation actively supports developers and enterprises building dApps across various sectors such as DeFi, asset tokenization, and digital identity. Notable figures associated with the organization include former CEO Shayne Higdon, incoming CEO Charles Adkins, and board member Brian Brooks, previously Acting Comptroller of the Currency. While specific funding metrics and operational scale are not publicly disclosed, the foundation plays a critical role in the Hedera ecosystem's expansion. It is closely associated with the Hedera network, which was founded in 2018 by Leemon Baird and Mance Harmon.