๐จ Cardano Just Tokenized Real Company Shares On-Chain โ First With New Standard ๐๐ข
Big real-world move for Cardano.
The Cardano Foundation has spun out its digital-identity project Veridian as an independent Swiss company โ and tokenized most of its 1 million shares directly on the Cardano blockchain.
Veridian becomes the first company to use Cardanoโs new CIP-0113 programmable token standard. This standard allows issuers to embed transfer restrictions, freeze or seize assets, and meet regulatory requirements natively on-chain.
Key points:
โข Shares issued as ledger-based securities under Switzerlandโs DLT Act
โข Veridianโs mobile wallet is already live on iOS and Android
โข Focused on digital identity for governments, enterprises, and individuals
โข Plans to seek strategic investors in 2027
This is a concrete step toward regulated real-world assets on Cardano. Instead of just talking about RWA and compliance, the network is now hosting actual company equity with built-in regulatory controls.
On-chain identity + compliant tokenized equity is a powerful combination.
Does this strengthen the case for $ADA in the RWA narrative?
Drop your thoughts ๐
$ADA
#CryptoNews
Big real-world move for Cardano.
The Cardano Foundation has spun out its digital-identity project Veridian as an independent Swiss company โ and tokenized most of its 1 million shares directly on the Cardano blockchain.
Veridian becomes the first company to use Cardanoโs new CIP-0113 programmable token standard. This standard allows issuers to embed transfer restrictions, freeze or seize assets, and meet regulatory requirements natively on-chain.
Key points:
โข Shares issued as ledger-based securities under Switzerlandโs DLT Act
โข Veridianโs mobile wallet is already live on iOS and Android
โข Focused on digital identity for governments, enterprises, and individuals
โข Plans to seek strategic investors in 2027
This is a concrete step toward regulated real-world assets on Cardano. Instead of just talking about RWA and compliance, the network is now hosting actual company equity with built-in regulatory controls.
On-chain identity + compliant tokenized equity is a powerful combination.
Does this strengthen the case for $ADA in the RWA narrative?
Drop your thoughts ๐
$ADA
#CryptoNews