Cardano, Draper Dragon launch $80M ecosystem fund

Cardano (ADA) and Draper Dragon have launched the Draper Ecosystem Fund, an $80 million initiative aimed at strengthening the overall Cardano ecosystem. The fund will support native and integrated projects and seek to expand on-chain utility. Draper Dragon will manage the fund, while the Cardano Foundation will participate as an institutional partner to provide technical and ecosystem support.