Wave Financial launches $100 million ADA fund to bolster Cardano DeFi ecosystem growth
The SEC-regulated digital asset management company Wave Financial unveiled – the “Wave ADA Yield Fund” with an initial amount of $100 million.
The main aim of the ADA Yield Fund is to provide liquidity and other resources to Cardano’s increasingly growing decentralized finance (DeFi) platform startups and also foster innovation in the overall crypto ecosystem.