December 21, 2024
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Cardano (ADA) To Receive $340 Million Funding – Aims To Launch First Cryptocurrency Credit Card in Europe This Year

Los Angeles, United States / 21 July 2020 / ZEXPRWIRE / Cardano –

Cardano Inc. (ADA) announces that they have finalized the agreement to receive $340 Million in additional funding from an undisclosed investor in the hopes of releasing the first cryptocurrency credit card in Europe later this year. 

Cardano (ADA) is one of the most prominent names in the cryptocurrency industry with groundbreaking secure blockchain technology. Their primary focus is complex programmable transfers of value in a secure and scalable fashion. The company has entered into talks with the credit card issuers earlier this year hoping to find investment to create the first European cryptocurrency credit card. 

After receiving investment and declaring partnership, the company plans to launch cryptocurrency credit card for the European market later this year. Founded in 2015 by Charles Hoskinson, one of the founders of Ethereum, Cardano (ADA) has a market cap of over $3bn. 

Source: Cardano (ADA) Inc.
Cardano.org

Press Release Distributed by Zex PR Wire.
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