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Cardano and Draper Dragon establish an $80 million Orion Fund to support ecosystem development
ME News message, April 8 (UTC+8), the Cardano Foundation said it has established an $80 million Orion Fund with Draper Dragon, aimed at supporting strategic initiatives by Cardano-native and integrated enterprises. The program is intended to expand on-chain utility and strengthen the broader ecosystem. The fund will be managed by Draper Dragon, with the Cardano Foundation serving as the charter administrator and providing the necessary ecosystem and technical support. (Source: De Ding)