HomeAltcoinsCardano DeFi Project Ardana Halts Development, Citing Funding, Timeline Concerns

Cardano DeFi Project Ardana Halts Development, Citing Funding, Timeline Concerns

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Cardano DeFi Project Ardana Halts Development, Citing Funding, Timeline Concerns

Ardana was barely a year into development after raising $10 million last year via a funding round led by now defunct crypto hedge fund, Three Arrows Capital, and others. The project was working on stablecoin minting and foreign exchange services, and aspired to be “the MakerDAO and the Curve Finance of Cardano.”

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