• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • bitcoinBitcoin(BTC)$20,124.00-0.82%
    BITCOIN
    24H : -0.82%
    Volume : $20,638,629,146.00
    Marketcap : $383,950,371,159.00
  • ethereumEthereum(ETH)$1,100.42-3.75%
    ETHEREUM
    24H : -3.75%
    Volume : $14,645,663,805.00
    Marketcap : $133,420,811,207.00
  • binancecoinBNB(BNB)$219.55-3.32%
    BNB
    24H : -3.32%
    Volume : $1,133,761,174.00
    Marketcap : $35,819,403,245.00
  • rippleXRP(XRP)$0.329-2.61%
    XRP
    24H : -2.61%
    Volume : $1,080,944,647.00
    Marketcap : $15,941,991,591.00
  • cardanoCardano(ADA)$0.467-0.75%
    CARDANO
    24H : -0.75%
    Volume : $721,568,445.00
    Marketcap : $15,769,738,440.00
  • solanaSolana(SOL)$33.97-3.91%
    SOLANA
    24H : -3.91%
    Volume : $1,315,110,506.00
    Marketcap : $11,652,283,142.00
  • dogecoinDogecoin(DOGE)$0.0694.90%
    DOGECOIN
    24H : 4.90%
    Volume : $525,802,239.00
    Marketcap : $9,237,633,194.00
  • polkadotPolkadot(DOT)$7.00-4.25%
    POLKADOT
    24H : -4.25%
    Volume : $506,023,291.00
    Marketcap : $7,911,291,460.00
  • shiba-inuShiba Inu(SHIB)$0.000010001.88%
    SHIBA INU
    24H : 1.88%
    Volume : $613,752,345.00
    Marketcap : $6,013,071,965.00
  • avalanche-2Avalanche(AVAX)$17.68-3.00%
    AVALANCHE
    24H : -3.00%
    Volume : $468,633,660.00
    Marketcap : $5,008,922,851.00
  • terra-lunaTerra(LUNA)$0.000071-5.71%
    TERRA
    24H : -5.71%
    Volume : $134,734,814.00
    Marketcap : $768,841,921.00
TodayinCrypto.com

TodayinCrypto.com

  • Home
  • Latest News
  • YOUTUBE RECAPS
  • CONTACT US

Cardano has set aside $100 million for Defi and NFT development to compete with Ethereum and Solana


September 29, 2021 · By MATheGooner
Cardano (ADA)

Emurgo, Cardano’s commercial and venture arm, is committing $100 million to help the world’s fourth-largest blockchain expand its decentralized finance (DeFi), non-fungible token (NFT) businesses, and blockchain education efforts.

Emurgo CEO Ken Kodama announced the investment during the Cardano Summit 2021 on Sunday, saying it would “accelerate the development of the Cardano ecosystem.”

Emurgo Ventures would be in charge of allocating the first investment fund, which would be responsible for assisting new initiatives and providing seed capital to firms developing Cardano-based products.

The funds would be directed towards two initiatives with a separate focus which would contribute towards the expansion of the Cardano ecosystem.

Adanian Labs, an African artificial intelligence, blockchain, and smart technologies business is set to receive further financing from the investment arm.

Emurgo is one of Cardano’s founding firms, offering solutions to developers, businesses, and the government.

Primary Sidebar

LATEST NEWS

Michael Saylor’s MicroStrategy acquires $10 million worth of Bitcoin despite the grim market outlook

June 29, 2022

Cardano has updated its proposal to hard fork the network testnet in anticipation for the Vasil’s mainnet upgrade

June 28, 2022

SEC Chair Gary Gensler says Bitcoin is the only cryptocurrency he recognizes as a commodity

June 27, 2022

Anonymous hacker group threatens to expose Terra LUNA founder Do Kwon’s crimes

June 27, 2022

Ethereum whales have intensified their accumulation of MATIC in the past week

June 26, 2022

  • Facebook
  • Instagram
  • Twitter

Newsletter

Footer

ABOUT US

TodayinCrypto is a financial media brand that strives to deliver breaking, accurate and daily news about digital assets to millions of investors in the crypto industry.

We are passionate about Bitcoin and are keen to share news about the people, companies and technological developments that are changing our world.

TODAY IN CRYPTO

  • Polygon launches new custom blockchain scaling system ‘Avail’ June 29, 2022
  • Michael Saylor’s MicroStrategy acquires $10 million worth of Bitcoin despite the grim market outlook June 29, 2022
  • Cardano has updated its proposal to hard fork the network testnet in anticipation for the Vasil’s mainnet upgrade June 28, 2022

Search

Tags

Aave (AAVE) Aleph.im (ALEPH) Arweave (AR) Avalanche (AVAX) Benchmark Protocol (MARK) Binance Coin (BNB) Bitcoin (BTC) Bondly (BONDLY) Bridge Mutual (BMI) Cardano (ADA) Celsius Network (CEL) Chainlink (LINK) Cosmos (ATOM) COTI (COTI) Decentraland (MANA) DeFi Dogecoin (DOGE) Elrond (EGLD) Enjin Coin (ENJ) Ethereum (ETH) Ethernity Chain (ERN) Fantom (FTM) Kusama (KSM) Litecoin (LTC) NFT OriginTrail (TRAC) PAID Network (PAID) PancakeSwap (CAKE) Polkadot (DOT) Polkastarter (POLS) Polygon (MATIC) SnowSwap Solana (SOL) SuperFarm (SUPER) Sushi (SUSHI) Terra (LUNA) The Graph (GRT) Theta Network (THETA) Tixl (TXL) Trustswap (SWAP) Uniswap (UNI) VeChain (VET) XRP (XRP) yearn.finance (YFI) Yield Optimization Platform & Protocol (YOP)

Copyright © 2022 · Today in Crypto · Terms & Privacy · Log in