Cardano Invests $70 Million in Future Infrastructure Upgrades

A coalition of leading Cardano institutions has requested a significant investment of 70 million ADA from the network’s Treasury to support key infrastructure upgrades slated for 2026. The proposal outlines five crucial pillars to further enhance Cardano’s capabilities, including onboarding tier-one stablecoins, providing institutional-grade custody solutions, and bolstering on-chain analytics. These upgrades are designed to increase Cardano’s scalability, making it more competitive in the rapidly evolving blockchain landscape.