TechFlow news, Wave Financial, a crypto asset management firm, has partnered with Cardano development company Input Output (IOHK) and EMURGO to launch the ADA Yield Fund, initially capitalized at $100 million. The fund aims to provide millions of dollars in ADA liquidity to support new decentralized exchanges, lending protocols, and stablecoin issuance protocols built on Cardano, fostering the growth of the Cardano DeFi ecosystem.
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