Cardano Foundation Spins Out Veridian and Tokenizes Shares on New Standard
Key Highlights: The Cardano Foundation has spun off its digital identity project, Veridian, into an independent Swiss-based enterprise. Veridian has become the first operating company to tokenize its equity on Cardano utilizing the newly unveiled CIP-0113 programmable-token standard. Led by former Cardano Foundation engineer Thomas A. Mayfield, the venture plans to pursue strategic investment rounds ...