Cardano holders are being asked to bet $5 million on copper hitting a new record

Toto Finance wants 22 million ADA from Cardano’s treasury to buy tokenized copper, and the metal would have to trade well above its all-time high for holders to get their money back.
Key Takeaways
- Toto Finance wants 22 million ADA from Cardano’s treasury to buy tokenized copper, and the metal would have to trade well above its all-time high for holders to get their money back.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
KuCoin Adds USDT Perpetuals Tied To Stocks And ETFs
KuCoin announced five new USDT-margined perpetual contracts for October 21, including products tracking Goldman Sachs shares and the leveraged MSTU ETF. The contracts offer up to 20x leverage in supported markets.

Malaysia, Thailand join Singapore’s cross-border stablecoin push
BLOOM seeks to cut costs by helping financial institutions coordinate cross-border use of stablecoins and tokenized deposits.

Bitcoin ETFs bleed $635M as October slides back into the red
Thursday’s withdrawals ended a three-day inflow streak and left US spot Bitcoin ETFs with $175 million in net outflows for October.