The $200M net-new TVL mandate for Cardano DeFi. Operated by AlphaGrowth. For promotion/news: alphagrowth.typeform.com/to/…

Custody opening is permission, not demand. The gate being open doesn't fill the room - it means the room can now be entered. The venues on the other side still have to earn the deposit once it arrives.
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That's the chain PRIME is built around: float needs rails → rails need custody → custody just arrived for Cardano-native tokens. The next six months are about which venues are ready to receive it - and PRIME is funding that readiness.
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Until this week, that gate was open for ADA and closed for Cardano-native stablecoins and RWA tokens. Institutional custody said yes to one asset and no to the rest - a manual workaround for everything else.
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That gate is one of the reasons float has stayed small. Treasury desks simply couldn't get the asset into a wallet they were allowed to use.
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For some, "custody support" reads like a logo on a slide. But here's what it actually gates: Treasury desks can’t hold a stablecoin their custodian doesn’t support. Can't hold it → can't deposit it → the venue never sees that depth.
Cardano Native Tokens (CNTs) will be supported on @FireblocksHQ. That means every exchange, bank, and fintech using Fireblocks will be able to custody, send, and receive CNTs with the same policy controls they already use for every other asset. Special thanks to @emurgo_io and the Pentad as well as @IagonOfficial for helping on this journey.
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PRIME will be there meeting projects, allocators, and ecosystem partners throughout the event. Building relationships, surfacing opportunities, and connecting with the people and institutions that can help the ecosystem grow.
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Q4 is about depth: deeper relationships with the people and institutions that can move the ecosystem forward. TOKEN2049 is one of the places those relationships can start.
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Every Tuesday at 9am ET, Cardano DeFi contributors can join an open call around Cardano PRIME. Give feedback. Ask questions. Stay in the loop on the latest updates. meet.google.com/hug-qptz-ahc
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This call runs as part of the @DRepCouncil. It’s independent from PRIME, and gives DeFi contributors a regular place to stay close to the work and share feedback. Credit to @JaromirTesar for building and organizing it.
The DRep Council website is live. If you are an active DRep, join us and help make Cardano governance more coordinated, transparent, and effective. drepcouncil.org/
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Here’s what was discussed on the latest call:
1/4 This week's DRep Council call was focused on moving from setup to execution. We discussed the Charter, coordination with Alpha Growth, Cardano's DeFi/infrastructure gaps, and what the Council should actually deliver in Q4.
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Congratulations to the Catalyst Pilot 2026 cohort.
The Catalyst Pilot 2026 cohort is here. 12 projects bringing stablecoins, oracles, programmable tokens, and verifiable identity into real-world sectors. 40% of funding is paid up front, the rest is tied to on-chain adoption on Cardano. Meet the cohort: projectcatalyst.io/blog/meet…
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Cardano Native Tokens are coming to Fireblocks. Stablecoins and tokenised RWAs on @Cardano, custodied with the same policy controls institutions already use for every other asset they hold. Announced today by the Cardano Foundation and Fireblocks.
Cardano Native Tokens (CNTs) will be supported on @FireblocksHQ. That means every exchange, bank, and fintech using Fireblocks will be able to custody, send, and receive CNTs with the same policy controls they already use for every other asset. Special thanks to @emurgo_io and the Pentad as well as @IagonOfficial for helping on this journey.
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Why this matters for stablecoin float: Fireblocks has supported ADA since 2021. Moving a Cardano stablecoin through it still took manual steps. Capital goes where the rails already work. By March 2027, that includes Cardano.
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Today at 10:30am ET. Another @Cardano_Prime community update, live on Cardano Over Coffee. Join and bring your questions.
Tomorrow we'll hear from @IntersectMBO Board candidates, @MusaRidwanItopa and @AdamRusch & another update from @alphagrowth1! Cardano Over Coffee might be the best public space to get all your @Cardano_Prime updates & share your feedback! nitter.net/i/spaces/1YxNrbplAVpxw
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Intersect board voting is open until Sep 25, 12:00 UTC. Members are voting to fill two of seven board seats, with results announced Sep 28. Who can vote: Intersect members in good standing for 180+ days, with KYC complete.
Intersect Board elections 2026 🗳️ The final countdown! Just 48 hours remain before voting closes for the Intersect Board elections on Friday, September 25 at 12PM UTC. Verified Individual and Enterprise Members, cast your votes in the Members Area. members.intersectmbo.org
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Spread incentives across forty venues and you get forty shallow pools. Enough to show up in a screenshot. Not enough to hold up when the rewards taper. Phase 3 is built to avoid that shape entirely.
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At PRIME's size, breadth isn't the constraint. Depth is. Forty shallow pools don't add up to one deep one. They add up to forty places where a real trade still slips. Concentration is the more honest use of the same capital.
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Keystones, not gravel. A keystone matters because it's load-bearing, not because there are many of them. Phase 3 puts capital where it can actually anchor liquidity—and gives it enough weight to hold.
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