Cardano requests 70 million ADA budget to build infrastructure

Source
JH Kim

Summary

  • Cardano requested a 70 million ADA budget to the treasury to support core ecosystem infrastructure through 2026.
  • The budget is planned to be invested in major areas such as stablecoin onboarding, institutional custody, and cross-chain bridges.
  • It also said investment in on-chain analytics and oracles is included.
Photo = Cardano X capture
Photo = Cardano X capture

On the 28th (local time), according to crypto asset (cryptocurrency) media CryptoBriefing, Cardano requested a 70 million ADA budget to the treasury to support core ecosystem infrastructure through 2026. It plans to invest in stablecoin onboarding, institutional custody, cross-chain bridges, on-chain analytics, and oracles.

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JH Kim

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