Cardano Founder Claims Midnight Enables Native Securities Trading on Blockchain

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Cardano founder Charles Hoskinson said the Midnight sidechain now supports native securities trading on a blockchain. Midnight uses zero-knowledge proofs to handle privacy and selective disclosure, key issues in the securities vs commodities debate. The solution allows for regulatory compliance and privacy in jurisdictions supporting algorithmic law. The NIGHT token rose 22% in seven days and hit $1.56 billion in 24-hour volume, placing it 10th. Risk-on assets continue to gain traction amid growing blockchain adoption.
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