News just in that ADA has (finally) been added to Coinbase Pro which opens the market up to institutional investors. Combined with the addition to the Bloomberg Terminal this is pretty big news. The Coinbase blog post notes: Starting Today Tuesday March 16, transfer ADA into your Coinbase Pro account ahead of trading. Support* for ADA will be available in…
Says it all really. No price data at this point, but this is an important addition as reflects the improved profile Cardano is building amongst institutional investors.
Cardano 360
Bit slow posting this, there’s new format for the monthly Dev news. Great show from Tim and Aparna with a lot of content this month. Details on changes to the architecture to support tokens from Kevin Hammond, wallet changes from Darko, updates to Yorio, and an explanation of Babel Fees from Prof. Aggelos Kiayias. Plus…
FD7 Ventures
This recent news article caught our eye: According to FD7 Ventures Managing Partner, Prakash Chand, Bitcoin’s market cap will reach $10 trillion in a few years, with Cardano (ADA), Polkadot (DOT) and Ethereum (ETH) not too far behind… “The new generation of retail investors who got burned on Robinhood will turn to the cryptocurrency markets.…
ADAvault tokens
We have just minted 42,000,000 ADAvault tokens on mainnet. These will be used in future to represent ADAvault share capital, or some other form of stake in the business. We wanted to mint them now so we could reserve the name. Later this year, once we’ve worked out what structure they will represent, we intend…