๐Ÿ’ก Cardano Eyes $100M Sovereign Wealth Fund โ€” Hoskinson Unveils Bold DeFi Plan ๐Ÿ’ผ๐Ÿ”—

๐Ÿš€ In a strategic push for ecosystem growth and sustainability, Cardano founder Charles Hoskinson has proposed a decentralized Sovereign Wealth Fund (SWF) โ€” powered by $100M worth of $ADA from the project treasury.

๐Ÿ“ˆ The fund would invest in Bitcoin and stablecoins to:

โœ… Diversify the ADA treasury

โœ… Generate long-term, sustainable returns

โœ… Reinvest in Cardanoโ€™s DeFi ecosystem

๐ŸŽ™ In an 18-minute podcast, Hoskinson emphasized the need for community-led, transparent discussions, calling this a chance to future-proof Cardano with innovative financial infrastructure.

#Cardano #CharlesHoskinson #SovereignWealthFund #DeFi #Crypto

https://coingape.com/cardano-sovereign-wealth-fund-charles-hoskinson-shares-key-update/