Institutional-Level Enhancement for Cardano through Partnership with Apex Fusion and Well-Typed

Apex Fusion and Haskell engineering firm Well-Typed have joined forces to bolster Cardano's ecosystem and development. The partnership will bring expertise to VECTOR, an institutional-grade version of the Cardano codebase developed by Apex, further strengthening the Apex blockchain's mission. The initiative will provide faster finality and increased throughput, opening the door to new DeFi and institutional applications of the Apex Fusion-run network. The collaboration with Well-Typed will ensure VECTOR aligns with Cardano’s core principles.

Cardano, founded by Charles Hoskinson, has seen recent growth through ecosystem expansion, upgrades, and partnerships. Over 2,000 projects are currently being developed on Cardano, with 1.33 million wallets staking and 111 million transactions processed. The ADA token will also be integrated into the Brave browser wallet, increasing its exposure to over 60 million users.