Cardano's governance is reviewing a proposal to withdraw 22 million ADA from its treasury to buy physical copper, which would be represented by tokens. The plan, submitted by Toto Finance Inc., requires approval from delegated representatives and a constitutional committee, each needing a 67% majority. The proposal assumes copper purchase at $6.73 per pound and aims to hold it for 18-24 months before selling, with break-even at about $10.06 per pound. The tokens would be minted on Ethereum and bridged to Cardano, with oversight and enforcement measures still to be established. The governance vote expires on November 15.
Cardano's treasury proposal to allocate 22 million ADA for tokenized copper is under review. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 24, 2026 02:31 WIB: out of 50 major cryptocurrencies, 36 rose and 13 fell today. Notable movers include COTI at Rp202 with a 3.90% gain and a typical hold time of 122 days, and VET at Rp130 with a 3.33% gain and a typical hold time of 148 days.
Remittix has raised $33 million and will burn 300 million RTX tokens, reducing supply by 20% ahead of public trading starting November 24, 2026. This token burn and near-cap funding boost scarcity and investor interest. Meanwhile, the XRP Ledger's No...
XTransfer, a leading global B2B cross-border payment platform, made its first appearance at Money20/20 USA 2026 in Las Vegas to accelerate its expansion into Latin American markets. The company recently completed regulatory registration in Chile, ena...
Kelvin Veras Real Estate completed 16 real estate transactions in its first year operating in New Jersey, including sales, purchases, rentals, and landlord services. This milestone highlights the company's successful market entry and diverse client s...
The documentary 'NURSE: Empathy Heals' premiered on October 21 in Nashville, showcasing personal stories of nurses and the critical role of empathy in healthcare. It highlights the emotional challenges nurses face, especially during crises like the C...
Oxford Square Capital Corp. announced it will hold a conference call on October 30, 2026, at 9:00 AM Eastern time to discuss its third quarter 2026 earnings. Investors can join the call via a toll-free number, and a recorded replay will be available ...
