The initial supply of 31,112,483,745 ADA was pre-minted by IOHK, and there were 13,887,516,255 left to mint called the Reserve
From this initial supply of 31B a Total of ADA 25,927,070,538 ADA was sold by the Cardano Foundation across 4 stages or what is called an ICO (Initial Coin Offering)
And 5,185,414,107 Ada were generated and distributed to three groups of entities of the Cardano ecosystem that are part of the Technical and Business Development Pool; IOHK, EMURGO, and the Cardano Foundation, as follows:
Cardano Foundation, Switzerland: 648,176,761 ADA
EMURGO: 2,074,165,644 ADA
IOHK: 2,463,071,701 ADA
Cardano Foundation: An independent standards body based in Switzerland with core responsibilities to oversee and supervise the development of Cardano and its ecosystem. The Cardano Foundation works to drive adoption, shape blockchain governance, set commercial standards, and support the community of Cardano users.
IOHK: This is the technology and engineering company contracted to design, build, and maintain the Cardano platform. Founded by Charles Hoskinson and Jeremy Wood, IOHK is committed to innovation through rigorous peer-to-peer scientific review and the highest standards of assurance in software development.
EMURGO is the enterprise arm of Cardano, operating to boost the platform through commercial ventures. EMURGO develops, supports, and incubates commercial opportunities and helps integrate businesses into our decentralised blockchain system.
The circulating supply now is 32,066,546,997 (71,25%)
Minted since public sale = current supply – initial supply
32079715595 – 31,112,483,745 =967,231,850
Reserve = total supply – circulating supply
45000000000-32079715595 = 12,933,453,003 ADA (28.7%)