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.

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.

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