đĄ Cardano Eyes $100M Sovereign Wealth Fund â Hoskinson Unveils Bold DeFi Plan đŒđ
đ In a strategic push for ecosystem growth and sustainability, Cardano founder Charles Hoskinson has proposed a decentralized Sovereign Wealth Fund (SWF) â powered by $100M worth of $ADA from the project treasury.
đ The fund would invest in Bitcoin and stablecoins to:
â Diversify the ADA treasury
â Generate long-term, sustainable returns
â Reinvest in Cardanoâs DeFi ecosystem
đ 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/