By Cardano founder Charles Hoskinson has addressed community concerns regarding a new proposal to create a decentralized Sovereign Wealth Fund (SWF). The plan involves allocating $100 million worth of ADA from the project’s treasury to support DeFi growth by investing in stablecoins and Bitcoin. The pitch seeks to diversify the ADA treasury portfolio and establish long-term
The post Cardano Sovereign Wealth Fund: Charles Hoskinson Shares Key Update appeared first on CoinGape.
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