Cardano Founder Announces Major $23 Million Boost For ADA With This New Partnership
Founder of Cardano, Charles Hoskinson, announced that $23 million recently went into Cardano Native Tokens to strengthen projects and provide more resources across the ecosystem. In a surprise Ask Me Anything (AMA) session, he, explaining that the network has formed a new partnership with Copper.ย
Hoskinson Unveils $23 Million Support For Cardano Native Tokens
Hoskinson explained that when money is put directly into Cardano Native Tokens, it gives developers and users expand, and trust the network. According to him, with so many projects in the crypto market fighting for attention and adoption, substantial financial backing like this helps the network hold its ground
In the end, only those who receive genuine and active support will be able to grow and endure over time. Hoskinson reminds community members of the projectโs and support the many tokens and projects developed on the Cardano network.
The announcement during the AMA caught many community members by surprise, as most had expected a casual talk; however, Hoskinson revealed a significant More than a single coin, it is an entire ecosystem that needs direct backing to grow, and the million-dollar boost is proof that the network is receiving active support with a long-term plan to stand out among rivals.
Hoskinsonโs decision to share this news and the new Copper partnership during AMA sessions, where people ask questions directly, and connected to what is happening inside the project.ย
New Copper Partnership Expands Custody And Exchange Access
In addition to the $23 million investment news, Hoskinson also announced that Cardano has entered into a new partnership with Copper, one of the top names in digital asset custody. Now, with the Copper deal in place, Cardano can extend its access even further, as many exchanges that rely on Copper can now also support Cardano assets, helping them become listed, traded, and trusted by .
It follows earlier agreements with BTC.com, Blockchain.com, and Brave as they continue to build adoption opportunities for Cardano across multiple exchanges and custodians. One crucial example Hoskinson pointed out was the earlier integration with Blockchain.com, which gave access to 37 million users, creating a massive increase in
Hoskinson says the financial support will while building strong partnerships with major companies in the crypto industry. The announcement highlights how combining $23 million in direct support and the new Copper partnership could .ย
With millions already invested and global platforms offering access, Cardanoโs positioning in the market could and give its community more opportunities to grow with the network.