Based on The Crypto Basic, the Cardano Foundation has cast a 'Yes' vote on a treasury withdrawal proposal to expand global exchange listings of Cardano Native Tokens (CNTs). The proposal, submitted by the Snek Foundation, seeks to loan ₳5,000,000 to boost the international presence of Cardano-based tokens. Initially met with pushback, the proposal has evolved from a non-repayable grant to a structured loan, with added oversight from Intersect and a qualified advisory board. The Foundation cited increased accountability and sustainability as key reasons for its shift in position. As of now, 85.71% of constitutional committee members support the proposal, with voting set to close on November 25, 2025.
Cardano Foundation Votes Yes on 5M ADA Loan to Expand Token Listings
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