Charles Hoskinson Reacts as Cardano Now Available for Blockchain.com’s 37M Users
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Cardano founder Charles Hoskinson has welcomed Cardano to Blockchain.com, an integration that gives 37 million more users access to Cardano.
Hoskinson
took to X
today to welcome Cardano to the crypto platform, following a recent integration. He appreciated the efforts of the Midnight Foundation, the development team behind the Midnight network, for its “great negotiations” with Blockchain.com to push the collaboration across the line.
Cardano Unlocks 37M Potential New User Base
Notably, the founder’s tweet quoted an announcement from London-based crypto platform Blockchain.com. The trading and wallet services provider disclosed on July 17 that Cardano is now available on its DeFi wallet.
https://twitter.com/blockchain/status/1945890042032918891
Per Blockchain.com's announcement, users can now send, receive, and store Cardano’s native token, ADA, directly on the platform’s DeFi wallet. This offers convenience for holders of multiple assets, including Cardano, allowing them to access and manage their tokens all in one place.
Notably, this opens up a new market for
Cardano
, considering Blockchain.com’s massive user base. For context, the exchange boasts of 37 million users and has handled over $1 trillion in transactions in its 14-year history.
Moreover, the integration also provides accessibility to Cardano-native tokens. This means that Blockchain.com users can now interact with over 80,000 tokens based on the Cardano network and qualify for upcoming airdrops on the blockchain and its sidechains.
Cardano Strengthens Ecosystem Expansion Ploy
The integration adds to the recent efforts by the core Cardano contributors to expand the ecosystem. A few days ago, Cardano’s Tokeo Wallet
announced
expansion plans, which would see it integrated into the XRP Ledger.
Furthermore, the Midnight network is nearing completion. The privacy-focused network utilizes zero-knowledge proofs to safeguard users’ sensitive data while providing developer-friendly tools for builders. Notably, Hoskinson
claimed
that Midnight could be the most significant economic event in Cardano’s history.
Meanwhile, Hoskinson also revealed that the team is working on unlocking DeFi on the XRP Ledger through strategic collaborations. He
disclosed
that there are discussions to bring RLUSD to Cardano and efforts to make Midnight a decentralized finance (DeFi) layer of XRP.
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