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Cardano Foundation joins Swiss CMTA, enabling regulated tokenized shares on its network.

Protocol Fundamentals
31 Oct 2026, 11:22 WIB
Dailycoin
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Neutral
Cardano Foundation joins Swiss CMTA, enabling regulated tokenized shares on its network.

The Cardano Foundation has joined Switzerland's Capital Markets and Technology Association (CMTA), which recognized Cardano's CIP-0113 token standard as equivalent to its own framework for certifying tokenized shares. This allows issuers to tokenize regulated equity shares on Cardano's blockchain under Swiss legal standards. The CIP-0113 standard enables compliance features like KYC, AML, and transfer restrictions directly on Cardano tokens. Despite this institutional progress, Cardano's ADA token price remains bearish, testing support near $0.182, with recovery above $0.20 needed to shift sentiment.

Following Cardano Foundation's integration into Switzerland's CMTA, ADA's price on Pluang shows modest stability. As of Oct 31, 2026 15:31 WIB, ADA trades at Rp3.494 with a slight 1-day gain of 0.11%. The token's market cap stands at Rp128,77 trillion, while trading volume over the past 24 hours reached Rp4,17 trillion, indicating active engagement despite mixed order activity with 52% sell and 48% buy on Pluang.

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