- ADA staking is now available via Meria Finance across French-speaking markets.
- Cardano introduces silver-backed tokens through the partnership between the LCX and Tiamonds.
Cardano’s presence in the European market has grown with its listing on LCX, a regulated Liechtenstein-based exchange. LCX has launched a dedicated ADA ecosystem page, allowing users access to Cardano-native tokens and ongoing projects.
This step places Cardano in front of investors in a tightly regulated environment, strengthening its European visibility.
Staking capabilities have also been expanded. Meria Finance, an established platform within the French-speaking crypto space since 2017, has integrated Cardano staking. Users can now stake ADA directly through the Meria platform, offering a straightforward way to earn passive income.
According to Meria, the move is meant to increase user interaction within the Cardano blockchain and encourage long-term holding of ADA.
Real-World Tokenization and CNT Visibility
A key addition to Cardano’s ecosystem is the launch of silver-backed tokens on its blockchain. This development came through a collaboration with Tiamonds, an LCX project.
Each token represents one gram of silver and can be controlled through smart contracts. This marks the beginning of real-world asset tokenization on Cardano, aligning it with broader trends in blockchain finance.
The Cardano network has also seen growth in the visibility of Cardano Native Tokens (CNTs). Kraken, a leading global crypto exchange, recently listed the $SNEK token. This move brings CNTs to a broader audience and reflects Cardano’s increasing maturity in the token market.
Analysts have suggested that tier-one listings like this may help CNTs attract institutional and retail interest.
These integrations highlight how Cardano leverages technology and partnerships to expand real-world utility. The network diversifies its offerings by combining regulated market access, staking, and tokenization.
Hoskinson Responds to Token Transfer Allegations
Charles Hoskinson, founder of Cardano, has been accused of transferring 318 million unclaimed ADA tokens without approval. The allegation was made by crypto influencer Masato Alexander, who linked the tokens to investors in Japan through a firm called Attain Corp. The ADA in question is valued at approximately $619 million.
Hoskinson addressed the claims by stating that 99.8% of the tokens had been claimed legally. He clarified that the remaining portion was transferred after seven years, which aligned with network protocols.
According to Hoskinson, the movement of the tokens followed established procedures and was not done secretly.
The matter has raised concerns within the community. While some await further clarification, others examine the governance framework that allowed such actions. These developments have added a layer of scrutiny around Cardano’s operations as the ecosystem grows.
Disclaimer:Â This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
