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Cardano (ADA) Set for Major Upgrade with 10.6 Billion Yen in Funding

2025/08/05 11:22 (Updated 2025/08/05 15:00)
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Written by A.Yamada
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Cardano (ADA) Set for Major Upgrade with 10.6 Billion Yen in Funding

Community Approves 96 Million ADA Budget

The core development team of the cryptocurrency Cardano (ADA), Input Output Global, has secured 96 million ADA, equivalent to approximately 10.6 billion yen, for network upgrades.

The community vote resulted in 200 votes in favor, 6 against, and 7 abstentions, with an approval rate of about 74%. This marks the first instance where Cardano's core development funds were directly approved by its community.

The development team has explained that this vote not only supports a series of technical upgrades but also aims at enhancing transparency and accountability...

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日本暗号資産ビジネス協会 Japan Cryptoasset Business Association
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MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
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