Cardano Considers Crypto Wealth Fund to Supercharge DeFi
Cardano’s leadership is floating an unconventional idea: turn part of the project’s war chest into a revenue-generating portfolio that holds Bitcoin and USD-pegged tokens.
The blueprint, outlined by founder Charles Hoskinson in a recent livestream, calls for swapping roughly $100 million in ADA—about onetenth of the network’s treasury—into liquid assets that could be lent, staked, or deployed as market-making capital inside Cardano’s DeFi protocols.
Supporters say the shift would attack Cardano’s biggest weakness: scarce stablecoin liquidity. At the moment, only about $33 million in dollar-denominated tokens circulates on the chain, versus a total DeFi value locked near $330 million. Competing networks…
