The newly established Citrea Foundation will oversee the growth and decentralized governance of Bitcoin’s application layer through research and grants.
On March 2, 2026, the Citrea Foundation was introduced as an independent organization dedicated to supporting the evolution of programmable Bitcoin. Based in the Cayman Islands, the Foundation is led by a Board of Directors including Orkun Kilic and Murat Karademir, both co-founders of Chainway Labs.
The entity focuses on funding cryptographic research to build trustless Bitcoin bridges and managing grant programs to empower developers. By stewarding decentralization, the Foundation aims to lower adoption barriers and establish capital-efficient ways for the global community to engage with the Bitcoin economy.
🧭 FAQs• Who are the primary board members of the new Citrea Foundation? The board includes Orkun Kilic, Murat Karademir, and an independent director in the Cayman Islands.
• What is the core mission of the Citrea Foundation? The organization aims to accelerate Bitcoin adoption by supporting open-source builders and trustless infrastructure.
• Where is the Citrea Foundation officially based for its operations? The foundation operates as an independent organization with a non-executive director in the Cayman Islands.
• How will the Foundation support local and global Bitcoin developers? It will run grant programs to provide strategic resources for building a healthy ecosystem.
