- The integration will allow Acredius’ investors to use Cardano’s cryptocurrency, ADA, to invest in SMEs.
- Acredius will also deploy smart contracts on the Cardano blockchain, allowing for the tokenization of loans.
- ADA price has struggled to break above $0.37 since the rejection at around $0.46 in mid-April.
Acredius, a Swiss lender that provides financing to small and medium-sized businesses (SMEs), has launched on the Cardano blockchain.
The integration will allow Acredius’ investors to use ADA, the native token of the Cardano blockchain, to invest in SMEs and will also provide greater investment flexibility and transparency, the fintech platform said.
In addition, Acredius will deploy smart contracts on Cardano. This will allow for the tokenization of loans, which will make it easier for retail investors to participate in the lending market.
We are thrilled to announce our collaboration with @Cardano_CF to bring the power of blockchain to…