Cardano Lines Up An $80 Million War Chest: DDC Fund Goes Live

The Cardano Foundation is backing an on-chain “info action” that would route up to $75 million from Cardano’s treasury into a new, Draper Dragon-managed ecosystem fund targeting a total $80 million...

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Cardano Lines Up An $80 Million War Chest: DDC Fund Goes Live

Source: Bitcoinist.com

The Cardano Foundation is backing an on-chain “info action” that would route up to $75 million from Cardano’s treasury into a new, Draper Dragon-managed ecosystem fund targeting a total $80 million raise, with a mandate to invest in Cardano-native startups while sending proceeds back to the treasury over time. If approved, the vehicle, dubbed the […]