Cardano and Draper Dragon Announce Initial Phase of Strategic $80M Ecosystem Fund
Draper Dragon and the Cardano Foundation announced the initial phase of the $80M Orion Fund, managed by Draper Dragon with the Foundation as constitutional administrator, to drive institutional adoption through Real-World Assets (RWA), DeFi, and bridging Bitcoin liquidity to Cardano. Supported by Draper University, the fund uses an equity-first approach to return value to the Cardano treasury via a specialized vehicle (Arouet Holdings).
