Cardano Foundation spins out Veridian, tokenizes its shares on new standard

Neutral-41.26%
8 Oct, 14:24
Source: CoinDesk

AI Summary

Veridian becomes the first company to tokenize its equity on Cardano's new programmable-token standard, marking an early step for real-world asset integration on the network.

Veridian became the first company to use Cardano’s new programmable-token standard for its equity, though the tokenized shares are not being offered to the public.