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Grayscale Investments raises ADA weighting in Smart Contract Fund to 20.12%

Grayscale Investments raises ADA weighting in Smart Contract Fund to 20.12%

Grayscale Investments has increased the weighting of ADA in its Smart Contract Fund to 20.12%, a rise from 19.50%, indicating a growing confidence in Cardano. This consecutive increase aligns with the fund’s strategy to invest in leading layer-1 blockchains that facilitate programmable smart contracts, while also showcasing sustained institutional optimism regarding Cardano’s development roadmap.

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