{"id":50199,"date":"2021-09-27T11:36:37","date_gmt":"2021-09-27T08:36:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=50199"},"modified":"2025-09-02T16:44:34","modified_gmt":"2025-09-02T13:44:34","slug":"emurgo-to-invest-100-million-in-defi-and-nft-development-within-the-cardano-ecosystem","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/emurgo-to-invest-100-million-in-defi-and-nft-development-within-the-cardano-ecosystem\/","title":{"rendered":"EMURGO to invest $100 million in DeFi and NFT development within the Cardano ecosystem."},"content":{"rendered":"<p>EMURGO, the venture and commercial arm of the Cardano project, is investing $100 million in the development of the decentralized finance (DeFi) sector, non-fungible token (NFT) solutions, and educational blockchain programs. This was announced by the company&#8217;s head, Ken Kodama.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udce3Just announced \ud83c\udf89 EMURGO to invest $100M in <a href=\"https:\/\/twitter.com\/Cardano?ref_src=twsrc%5Etfw\">@Cardano<\/a> ecosystem to accelerate <a href=\"https:\/\/twitter.com\/hashtag\/DeFi?src=hash&#038;ref_src=twsrc%5Etfw\">#DeFi<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/NFT?src=hash&#038;ref_src=twsrc%5Etfw\">#NFT<\/a> solutions and <a href=\"https:\/\/twitter.com\/hashtag\/blockchain?src=hash&#038;ref_src=twsrc%5Etfw\">#blockchain<\/a> education! \u2014 EMURGO CEO, <a href=\"https:\/\/twitter.com\/KenKodama_Biz?ref_src=twsrc%5Etfw\">@KenKodama_Biz<\/a> <a href=\"https:\/\/twitter.com\/emurgo_io?ref_src=twsrc%5Etfw\">@emurgo_io<\/a><a href=\"https:\/\/twitter.com\/hashtag\/CardanoSummit2021?src=hash&#038;ref_src=twsrc%5Etfw\">#CardanoSummit2021<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ADA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ADA<\/a> <a href=\"https:\/\/t.co\/Gx4fbw556x\">pic.twitter.com\/Gx4fbw556x<\/a><\/p>\n<p>\u2014 EMURGO (@emurgo_io) <a href=\"https:\/\/twitter.com\/emurgo_io\/status\/1442206517739020291?ref_src=twsrc%5Etfw\">September 26, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to him, the investments are aimed at accelerating the development of the Cardano ecosystem.<\/p>\n<p>In 2022 the firm will spin this line of business off into a separate unit, Kodama added.<\/p>\n<p>During Cardano Summit 2021 the company announced additional investments in the African incubator Adanian Labs, supporting startups building blockchain-based solutions on the project&#8217;s network.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">As announced at <a href=\"https:\/\/twitter.com\/hashtag\/CardanoSummit2021?src=hash&#038;ref_src=twsrc%5Etfw\">#CardanoSummit2021<\/a>, EMURGO Africa has invested in <a href=\"https:\/\/t.co\/0G3eJpqyfC\">https:\/\/t.co\/0G3eJpqyfC<\/a> \u2014 a pan African tech venture studio that incubates impact driven startups across <a href=\"https:\/\/twitter.com\/hashtag\/Africa?src=hash&#038;ref_src=twsrc%5Etfw\">#Africa<\/a> building on <a href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&#038;ref_src=twsrc%5Etfw\">#Cardano<\/a>.<\/p>\n<p>Learn more at their meetup on Oct. 1st!<a href=\"https:\/\/t.co\/U8ALgvYub5\">https:\/\/t.co\/U8ALgvYub5<\/a><a href=\"https:\/\/twitter.com\/search?q=%24ADA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ADA<\/a><\/p>\n<p>\u2014 EMURGO (@emurgo_io) <a href=\"https:\/\/twitter.com\/emurgo_io\/status\/1442217407875928074?ref_src=twsrc%5Etfw\">September 26, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Founder Charles Hoskinson announced a partnership with Dish Network, a provider of television and satellite broadcasting. The collaboration envisions integrating Dish&#8217;s blockchain technology and helping deliver digital identity services for the telecom operator&#8217;s customers.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Here&#8217;s the Dish\/Boost announcement: <a href=\"https:\/\/t.co\/bzk35RbcaM\">https:\/\/t.co\/bzk35RbcaM<\/a><\/p>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1441816851374239749?ref_src=twsrc%5Etfw\">September 25, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The COTI platform will be the official issuer of the new algorithmic stablecoin Djed on the Cardano network. This was announced during the event by its head Shahaf Bar-Geffen and Hoskinson.<\/p>\n<p>The coin is designed to pay transaction fees.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">At the <a href=\"https:\/\/twitter.com\/hashtag\/CardanoSummit2021?src=hash&#038;ref_src=twsrc%5Etfw\">#CardanoSummit2021<\/a> stage in Laramie, Wyoming <a href=\"https:\/\/twitter.com\/IOHK_Charles?ref_src=twsrc%5Etfw\">@IOHK_Charles<\/a> &amp; <a href=\"https:\/\/twitter.com\/shahafbg?ref_src=twsrc%5Etfw\">@shahafbg<\/a> announced that <a href=\"https:\/\/twitter.com\/COTInetwork?ref_src=twsrc%5Etfw\">@COTInetwork<\/a> would be the official issuer of <a href=\"https:\/\/twitter.com\/hashtag\/Djed?src=hash&#038;ref_src=twsrc%5Etfw\">#Djed<\/a>, a new stablecoin for <a href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&#038;ref_src=twsrc%5Etfw\">#Cardano<\/a> <a href=\"https:\/\/t.co\/ifm9S6WAz6\">https:\/\/t.co\/ifm9S6WAz6<\/a><\/p>\n<p>\u2014 Input Output (@InputOutputHK) <a href=\"https:\/\/twitter.com\/InputOutputHK\/status\/1442264706241241092?ref_src=twsrc%5Etfw\">September 26, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>IOHK <a href=\"https:\/\/forklog.com\/en\/news\/cardano-developers-enable-smart-contracts-on-the-mainnet\">activated the Alonzo<\/a> update, which enabled the deployment of smart contracts on the Cardano mainnet in September 2021.<\/p>\n<p>Follow ForkLog on Facebook.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EMURGO, the venture and commercial arm of the Cardano project, is investing $100 million in the development of the decentralized finance (DeFi) sector, non-fungible token (NFT) solutions, and educational blockchain programs. This was announced by the company&#8217;s head, Ken Kodama.<\/p>\n","protected":false},"author":1,"featured_media":50200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1401,471,52,628,1390],"class_list":["post-50199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cardano-ada","tag-charles-hoskinson","tag-investments","tag-iohk","tag-partnership"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=50199"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50199\/revisions"}],"predecessor-version":[{"id":50201,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50199\/revisions\/50201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/50200"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=50199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=50199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=50199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}