Emurgo, Cardano's commercial and venture arm, is investing $100 million to help the world's fourth-largest blockchain enhance decentralised finance (DeFi), non-fungible token solutions, and Blockchain education activities. The investment will "accelerate the development of the Cardano ecosystem," according to CEO Ken Kodama. Adanian Labs, an African artificial intelligence, Blockchain, and smart technologies business, received additional money from the investment arm.
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USD1
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