Cardano Founder Believes ADA Is Bitcoin's Biggest Threat, Proposes $1B Cardano Sovereign Wealth Fund
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3 Articles
Cardano Founder Believes ADA Is Bitcoin's Biggest Threat, Proposes $1B Cardano Sovereign Wealth Fund
Cardano’s outspoken founder Charles Hoskinson has once again stirred the crypto world - this time with a bold claim that ADA could emerge as Bitcoin’s biggest threat. In a recent proposal, Hoskinson introduced the idea of a $1 billion Cardano Sovereign Wealth Fund, aimed at accelerating ecosystem de...
$100M Cardano Plan Aims To Create A Decentralized Sovereign Wealth Fund
Key Takeaways: Charles Hoskinson has proposed allocating $100 million ADA to mint stablecoins and acquire Bitcoin, strengthening Cardano’s financial foundation. The plan aims to bring long-term yield, deepen liquidity, and position Cardano as a self-sustaining digital nation-state. OTC sales are expected to limit market disruption, with support from industry veterans like Emurgo CEO Phillip Pon. On June 12, Charles Hoskinson shared his vision f…
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