• Cardano is partnering with a Swiss fintech company to empower DeFi development on its network.
• The Proof-of-Stake (POS) chain has deployed over 1,000 smart contracts in 2023.
• Acredius will leverage Cardano’s ADA token for its fundraising business and offer users a secondary market to liquefy their investments.
Cardano Partners With Swiss Fintech Company
Cardano has partnered with a Swiss fintech company to increase DeFi development on its network. The POS chain surpassed expectations by deploying over 1,000 smart contracts in 2023.
Acredius Leveraging Cardano’s ADA Token
The Web3 company plans to leverage Cardano’s ADA token for its fundraising business as part of its commitment to providing cutting-edge technology and solutions for its users. Acredius also looks to increase smart contract development on the Cardano blockchain by joining its dApp ecosystem.
Expanding Cardano’s DeFi Ecosystem
Acredius users can use the ADA token to invest in registered Swiss businesses on the new platform through this partnership. In addition, the Swiss company has promised to launch a secondary market for users to liquefy their investments and enjoy greater flexibility.
Goal of Partnership
The goal of this partnership is twofold: promote financial inclusion and empower growth opportunities for SMEs. Ghassen Benhadjsalah, Co-Founder & CEO at Acredius, shared his thoughts on the partnership: “We are excited to join forces with Cardano, a leader in the blockchain space.“
Conclusion
This collaboration between Acredius and Cardano promises great things for both parties involved — increased financial inclusion and growth opportunities for SMEs — while leveraging the security, transparency, and scalability of the Cardano blockchain.