Cardano and Draper Dragon have announced the launch of the $80 million Orion Fund, aimed at supporting native and integrated projects within the Cardano ecosystem. The fund will focus on real-world assets (RWA) and institutional-grade DeFi sectors to enhance on-chain utility, total value locked (TVL) growth, and institutional adoption.
Managed by Draper Dragon, with ecological and technical support from the Cardano Foundation, the Orion Fund plans to prioritize investments in projects that connect Bitcoin liquidity with Cardano's UTXO architecture. This strategic initiative seeks to bolster Cardano's ecosystem by fostering innovation and collaboration in key areas.
Cardano and Draper Dragon Launch $80M Orion Fund for Ecosystem Growth
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