Cardano [ADA] Onboarded By Swiss-based Crypto Investment Firm

Cardano scores entry in SwissBorg, a Switzerland-based crypto investment solution, the announcement read. Besides ADA, the SwissBorg app has listed XRP, Polygon [MATIC], SushiSwap [SUSHI], Solana [SOL], and other cryptocurrencies.

Additionally, the crypto platform also offers users the opportunity to receive a daily income on the amount of cryptocurrency they have invested.

It also claims to provide competitive pricing and liquidity from a variety of exchanges, including Binance and Bitfinex, with the use of its Smart Engine function.

In times of high volatility, when price disparities between different crypto trading platforms might be quite pronounced, such a tool might be useful.

That said, ADA is riding high on its most ambitious upgrade as evidenced by its numerous adoption across multiple digital assets platforms.

As reported by TronWeekly, ADA was picked up by the Japanese wing of one of the world’s largest crypto exchanges, OKCoin to start spot trading of the token against Japan’s national currency, the yen.

In a related development, Cardano went online as a collateral cryptocurrency on the futures platform of the US-based trading platform Kraken.

Less than a month ago, the token landed in the world’s leading dApp analytics platform DappRadar. Announcing the same via Twitter, the Lithuania-based service, urged developers who are working on Cardano to submit their contracts.

Just recently, Bitfinex, a state-of-the-art digital token trading platform has announced integrating Cardano’s Vasil hard fork, as per the post. Not only that, the world’s largest digital asset exchange Binance, has too declared its support for the PoS blockchain’s new upgrade.

Cardano’s Plutus V2 Went Live

In another key update, the Plutus V2 pricing model was successfully posted to the mainnet by the IOG team on September 23, indicating that developers would have access to the full Vasil capability on September 27, an”important” day for the Cardano blockchain.

This represents a huge accomplishment for the Cardano network as the full functionality of Vasil, including support for reference inputs, inline datums, reference scripts, collateral outputs, and a new Plutus pricing model, will be made available to developers on the mainnet.

The Plutus V2 Cost Model network upgrade is scheduled to take place at epoch 366, or on approximately Sept. 27, at 9:45 p.m. [UTC]. 

Lipika Deka: Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.