- First-ever Cardano Treasury Company expected to come to public markets.
- Charles Hoskinson, Cardano Founder, is expected to be the lead investor.
- The venture should be backed by IOHK and DNA advisors.
The crypto community is expecting a possible announcement next week about a first-ever Cardano Treasury Company with Charles Hoskinson, the Founder of the Cardano blockchain himself, as the lead investor. This Treasury Company is expected to come from the public market soon and is expected to be backed by IOHK and DNA advisors. How much more exciting news can Cardano share this bull cycle?
First-Ever Cardano Treasury Company to Come to Public Markets
The Cardano and crypto community are intrigued today over an interesting piece of information circling the crypto market. This interesting tidbit has to do with what could likely be the first-ever Cardano Treasury Company that could be coming to the public markets. What’s more, the Treasury Company is expected to see the Founder of Cardano, Charles Hoskinson himself as a lead investor.
As we can see from the post above, this expectation carries weight. The post also mentions how the Treasury Company will be backed by IOHK and DNA advisors. In addition, it says that the Treasury Company will act as the premier treasury vehicle in the ADA ecosystem. A follow-up comment to the post also mentions how word of this opportunity is already circulating among trusted investment circles.
Finally, the entity reveals that funding is set to close on August 16, 2025, with a public announcement expected the following week. Is this just a rumour, or will the Cardano community wake to exciting news following this event next week? Knowing Charles Hoskinson’s dedication to community support and elevating decentralization, this eventuality is likely a true case scenario.
Cardano Golden Cross Formation
As always the Cardano and ADA community continue to reap the rewards of Charles Hoksinson’s slow and steady yet detailed community-centric plans centered around the Cardano ecosystem and its native assets, legacy altcoin ADA. To highlight, the price of ADA broke past $1 today after an 18% price pump in under a day. This bullish pump is exactly what the ADA community has been expecting, and bullish indicators show higher highs soon.
As we can see from the post above, this reputed crypto trader and analyst and ADA enthusiast shares the latest bullish signal on the ADA price chart. In detail, he highlights a golden cross formation and says that the last time the 50-day MA crossed above the 200-day MA, the price of ADA pumped by 230%. He concludes by saying he expects a similar move that’ll take ADA price to $3.00 ADA in 27 days.