Cardano Founder Charles Hoskinson Proposes $100M Bitcoin and DeFi Investment Fund

Cardano Founder Charles Hoskinson Proposes $100M Bitcoin and DeFi Investment Fund

Cardano founder Charles Hoskinson has unveiled a bold proposal to establish a $100 million investment fund aimed at strengthening Bitcoin and decentralized finance (DeFi) within the Cardano ecosystem. The fund would be financed using ADA from the Cardano Foundation’s treasury.

Cardano Founder Charles Hoskinson Proposes $100M Bitcoin and DeFi Investment Fund
source x

Under the proposed plan, the fund would be allocated toward acquiring Bitcoin (BTC) and Cardano-native stablecoins such as USDM, USDA, and IUSD. In addition to asset acquisition, the initiative is designed to promote the adoption of stablecoins and fuel the growth of DeFi projects built on Cardano.

Hoskinson’s vision signals a strategic push to bridge Cardano’s infrastructure with the broader digital asset landscape, reinforcing its role in the evolving DeFi ecosystem. If approved, the initiative could significantly boost on-chain liquidity, utility, and ecosystem stability.

Disclaimer and Risk Warning
coinweck does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party.  coinweck should not be held responsible for image copyright issues. Contact us if you have any issues or concerns. Readers should do their research before taking any actions related to the company.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top
6 effective ways to lower cholesterol and boost heart health naturally 6 foods that diabetics should avoid Here are 6 benefits of a daily 1,000-step walk 6 diet tips to boost your immune system during the monsoon 6 Foods With More Potassium Than a Banana 6 reasons to consider making it part of your morning routine Crypto market maker Wintermute says ETH is nearly sold out on its institutional OTC desk amid strong demand Reserve Bank of Australia and DFCRC for secure tokenized asset settlement across blockchain and PayTo systems. 6 reasons to add paneer 6 health benefits of eating roasted gram